Pete Rathburn is a copy editor and fact-checker with expertise in economics and personal finance and over twenty years of experience in the classroom. NanoStockk / Getty Images The average directional ...
If you want to add a useful trend technical indicator to your trades, average directional index (ADX) is a great place to start. This article explains how to use the ADX to improve your trading ...
ADX stands for Average Directional Movement Index, an oscillator driven by a mathematical derivation used in technical analysis to assess the strength of a price trend in a financial security.
J.B. Maverick is an active trader, commodity futures broker, and stock market analyst 17+ years of experience, in addition to 10+ years of experience as a finance writer and book editor. Somer G.
Investors with short-term timeframes often use technical analysis to evaluate price movement and identify trends. Fundamental analysis may not be particularly useful for traders looking to pop in and ...