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How to use ADX Indicator & Trading Strategies
Analysts have used technical indicators for years. They analyze historical data, looking at past price movements to speculate on the future price direction of financial instruments. These indicators rely on patterns and gather data from price, volume, or open interest. It's crucial to understand that technical indicators work reactively; they don't predict the future but rather measure the risk and potential returns. This insight helps traders figure out the best times to enter or exit a trade. In this article, we'll explore a less common technical indicator—the ADX indicator. ADX stands for Average Directional ... (full story)