What Is The ADX & How To Trade With It

ADX Indicator Explained

Welles Wilder was a successful designer of many trading indicators that passed the practice test. With his extensive market experience, Wilder knew that the crucial factor for retail was to create the right framework. But how do you grasp the structure? The ADX indicator is Wilder’s answer. Wilder developed the Average Directional Index (ADX) as an indicator for the interpretation of the market environment. Essentially, it informs you about the direction of the market. The ADX is a trend strength indicator because it shows how strongly a trend is developing and the possible direction in which the market is moving. …READ MORE