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ADX is the Average Directional Movement Index which was created in by J. Welles Wilder. ADX is usually plotted in a chart window along with two DMI (Directional Movement Indicator) lines. ADX is mainly used to quantify trend strength. However, the unique combination of indicator lines also gives a visual representation of trend direction, momentum, and volatility.
ADX ADX ADX with Dr. Schaap ADx ADX What is
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