ADX Indicator

How to trade the ADX Indicator like a pro !

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ADX Indicator

ADX Indicator is one of the most used technical indicators by traders because of its credibility and the role it plays in traders’ strategy and analysis. The reason why ADX is popular is that this indicator is particularly effective for trend tracking.

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ADX Indicator

 

What is ADX Indicator?

ADX stands for Average Directional Index. The ADX Indicator is a trend strength indicator because it shows how strongly a trend is developing. It does not directly provide buy or sell signals. It therefore represents the strength of a movement, but not the direction. It develops its full competence in interaction with other indicators. Recognizing market trends is its strength, which has a lasting effect on the choice of further analysis tools.

The ADX value lies between 0 and 100.

The higher the displayed value, the stronger the trend development. The lower the ADX value, the weaker the trend.

DI stands for Directional Indicator.

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