Friday, October 9, 2020

Absolute Directional Index/ADX signal strength

For 0-25: The ADX signal is quite weak or there is no trend upward/downward. Means market is sideways.

For 25-50: ADX signal is little stronger than above. Trend is strong whether it is downward or upwards.

For 50-75: ADX signal is very stronger. Trend is very strong either downward or upwards.

For 75-100: Extremely strong, very rare to see.
 

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