What is the best time frame to use ADX indicator?
Could you please elaborate on the ideal time frame for utilizing the Average Directional Movement Index (ADX) indicator in cryptocurrency trading? Does the selection vary depending on the trader's strategy or the specific asset being analyzed? Additionally, how does the ADX indicator's effectiveness differ across different time frames, and how can traders determine the most suitable frame for their needs?
What is the secret of ADX indicator?
Can you please shed some light on the enigmatic ADX indicator? I'm particularly curious about its secret - what makes it so valuable and sought-after in the realm of technical analysis? Is it the unique way it measures trend strength, or does it have some other mysterious quality that sets it apart? As a seasoned practitioner in the field of cryptocurrency and finance, I'm eager to understand the intricacies of this indicator and how it can help me make more informed decisions in my trading endeavors.