UNVEILING TREND STRENGTH WITH ADX AND DIRECTIONAL INDICATORS

Unveiling Trend Strength with ADX and Directional Indicators

Gauging a trend strength is crucial for investors. Moving Average indicators, such as the Average Directional Index (ADX), provide powerful insights into the intensity of a trend. The ADX, ranging from 0 to 100, quantifies the direction and its reliability. A higher ADX value suggests a powerful trend, while lower values indicate a fluctuating mark

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