Posts Tagged ‘average directional movement index’

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How to Use MT4 ADX Indicator in Forex Trading?

In this video, you will learn about the ADX indicator, and how to use it in your forex trading. This indicator is available on your MetaTrader platform. If you want to measure how strong or weak a trend is, you can use this indicator. It is important to assess the strength of the trend before entering a position using trend trading strategy. Weak trends may not last long and you […]

Forex Trading - How to Use ADX

ADX stands for Average directional movement index. This is an indicator that is used to measure the strength of the prevailing trend and measures on a scale from 0 to 100. It consist of three line which are the three indicator. The blue line as seen on the chart is the ADX indicator and the green line is the +DI—positive directional indicator and the red line is the -DI—negative directional indicator. When the +DI line crosses the -DI line from […]