UNVEILING TREND STRENGTH WITH ADX AND DIRECTIONAL INDICATORS

Unveiling Trend Strength with ADX and Directional Indicators

Gauging market's trend strength is essential for investors. Moving Average indicators, such as the Average Directional Index (ADX), provide valuable insights into the force of a trend. The ADX, determined from 0 to 100, measures the trend's movement and its reliability. A higher ADX value suggests a powerful trend, while lower values indicate a les

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