What is an ADX Indicator?

The Average Directional Index (ADX) is a technical indicator used to measure the strength of a price trend. It is commonly calculated using a 14-period setting and is accompanied by two directional indicators:

Note that ADX may potentially measure the strength of the trend. However, it does not indicate whether the trend is bullish or bearish by itself. A commonly used interpretation made while using the ADX indicator is:

How to Execute the ADX Trading Strategy in India?

ADX can be combined with “+DI” and “−DI” to assess both trend direction and strength.

For more clarity, let’s check out different scenarios:

Analyse Trend Strength With the ADX Indicator on Trade246

ADX can let you analyse trend strength when used with “+DI” and “-DI”. Trade246 gives you access to similar 100+ technical indicators on advanced TradingView charts. Use them to study trend strength alongside price movements.

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