For anyone interested in using indicators in your trading/investing, the DMI/ADX is an indicator I've recently been looking at to help identify trends. It's primary purpose is to measure directional ...
ADX stands for Average Directional Movement Index, an oscillator driven by a mathematical derivation used in technical analysis to assess the strength of a price trend in a financial security.
Today I will explain about one of the most effective, but lesser researched, utilised and thus underrated indicator in trading i.e the Average Directional Index (ADX). I said lesser researched because ...
Average Directional Index (ADX) is an oscillator that increases as the strength of a trend increases and decreases as a trend weakens. Average Directional Index (ADX) is an oscillator that increases ...