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An indicator used in technical analysis as an objective value for the strength of trend. ADX is non-directional so it will quantify a trend's strength regardless of whether it is up or down. ADX is usually plotted in a chart window along with two lines known as the DMI . ADX is derived from the relationship of the DMI lines.
|||Analysis ofADX is a method of evaluating trend and can help traders to choose the strongest trends and also how to let profits run when the trend is strong.
|||Analysis of