UNVEILING TREND STRENGTH WITH ADX AND DIRECTIONAL INDICATORS

Unveiling Trend Strength with ADX and Directional Indicators

Gauging the trend strength is essential for traders. Technical indicators, such as the Average Directional Index (ADX), provide powerful insights into the force of a trend. The ADX, determined from 0 to 100, measures the momentum and its reliability. Stronger ADX value suggests a robust trend, while lower values indicate a fluctuating market. By e

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