UNVEILING TREND STRENGTH WITH ADX AND DIRECTIONAL INDICATORS

Unveiling Trend Strength with ADX and Directional Indicators

Gauging market's trend strength is vital for investors. Moving Average indicators, such as the Average Directional Index (ADX), provide valuable insights into the intensity of a trend. The ADX, determined from 0 to 100, represents the momentum and its stability. Stronger ADX value suggests a robust trend, while lower values indicate a less defined

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