An indicator used in technical analysis as an objective value for the strength of trend. ADX is non-directio
nal so it will quantify a trend's strength regardless of whether it is up or down. ADX is usually plotted in a chart window along with two lines known as the DMI . ADX is derived from the relatio
nship of the DMI lines.
|||Analysis of
ADX is a method of e
valuating trend and can help traders to choose the stro
ngest trends and also how to let profits run when the trend is strong.
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