adx

ADX stands for “Average Directional Index”. An important technical indicator in technical analysis. It measures the strength of a trend. And can help traders determine whether a trend is strong or weak. ADX is calculated from DMI (Directional Movement Index) lines. And often used in conjunction with other indicators such as MACD or RSI to make trading decisions. Understanding and using it effectively. Can help traders optimize profits and minimize risks. Master the knowledge of it to apply it to your trading strategy in the financial market with Forex trading. A reading above 25 is often interpreted as a sign of a strong trend, while a reading below 20 suggests a weak or sideways market. Traders commonly use ADX in conjunction with other technical indicators, such as the Plus Directional Indicator (+DI) and the Minus Directional