What is adX indicator?

One well-known indicator is the ADX indicator. ADX or Average Directional Index, is a trading indicator that measures the strength of market trends, regardless of them being positive or negative. Being one of the most common trading indicators introduced many years ago, it still remains one of the most useful and effective ones, still to this date!

How to get ADX value?

Smooth the results of the periods in order to get your ADX value. The Average Directional Index (ADX), as well as the Negative (-DI) / Positive (+DI) Directional Indicators, are momentum indicators and help investors determine the strength of a trend and trend direction..

What is the average directional index (ADX)?

The average directional index (ADX) is a technical analysis indicator used by some traders to determine the strength of a trend . The trend can be either up or down, and this is shown by two accompanying indicators, the negative directional indicator (-DI) and the positive directional indicator (+DI).

What is the difference between ADX and -di?

The ADX, negative directional indicator (-DI), and positive directional indicator (+DI) are momentum indicators. The ADX helps investors determine trend strength, while -DI and +DI help determine trend direction. The ADX identifies a strong trend when the ADX is over 25 and a weak trend when the ADX is below 20.