The average directional index – or ADX – is an indicator of directional movement and is used to measure the strength and direction of a trend. It consists of four main components; the ADX line, the +Di Line, the –Di Line, and the 20 level.
The average directional index – or ADX – is an indicator of directional movement and is used to measure the strength and direction of a trend. It consists of four main components; the ADX line, the +Di Line, the –Di Line, and the 20 level.
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