ADX: trend strength
Indicators II
How strong, not which way
ADX measures trend STRENGTH only: above 25 = real trend, below 20 = chop. Use it as a strategy switch. Trend systems on when ADX is high, fade systems on when it's low.
Indicators II
ADX measures trend STRENGTH only: above 25 = real trend, below 20 = chop. Use it as a strategy switch. Trend systems on when ADX is high, fade systems on when it's low.
ADX at 12 tells you…
ADX has no direction. Low reading = no trend to follow, whichever way you hoped.
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