How to Use Average Directional Movement Index (ADX) to Determine Trends
The Average Directional Movement Index (ADX) line, developed by J. Welles Wilder, helps determine whether a market is in a trending or a trading phase. It measures the magnitude of trend or direction in the market. A rising ADX line suggests a strong trend while a declining ADX line suggests a trading market. By plotting [...]
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27. May, 2009 


