Stock Pathshala

ADX Indicator in Trading


Listen Later

This is an indicator used by technical analysts and investors to ascertain the strength of a trend.  Most of the time, Two indicators i.e. positive directional (+DI) and negative directional (-DI) indicators are involved in showing this trend.

Three lines are therefore included by ADX to help you evaluate and choose if you should take a long or short during trading. 

Long refers to buying of securities while short refers to the selling of securities.

For more, download our stock market education app - https://bit.ly/34us7OL

...more
View all episodesView all episodes
Download on the App Store

Stock PathshalaBy Stock Pathshala