Unveiling Trend Strength with ADX and Directional Indicators

Gauging market's trend strength is vital for traders. Directional indicators, such as the Average Directional Index (ADX), provide powerful insights into the force of a trend. The ADX, calculated from 0 to 100, represents the trend's movement and its stability. A higher ADX value suggests a strong trend, while lower values indicate a weaker market.

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