The AUDNZD remains in one of the markets strongest downtrends. Traders can judge trends by using the DMI indicator. With DMI – remaining dominant, traders will look for the downtrend to continue. The ...
ADX stands for Average Directional Movement Index, an oscillator driven by a mathematical derivation used in technical analysis to assess the strength of a price trend in a financial security.
Today I will explain about one of the most effective, but lesser researched, utilised and thus underrated indicator in trading i.e the Average Directional Index (ADX). I said lesser researched because ...
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