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Average Directional Index | ADX Indicator | Average Directional Index Explained | Samco Securities

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Average Directional Index | ADX Indicator | Average Directional Index Explained | Samco Securities

Hello traders,The Average Directional Index (ADX) is a popular technical analysis tool used to measure the strength of a trend in a financial market, whether the trend is up or down. Developed by J. Welles Wilder, the ADX ranges from 0 to 100, with higher values indicating a stronger trend. A value above 25 typically suggests a strong trend ...

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