15. Learn The Average Directional Index (ADX)
What you will learn
In this class, you will be learning the Average Directional Index indicator (ADX) in detail.
- What is an ADX indicatorÂ
- How to interpret the Average Directional Index from the graphÂ
- How to Using the ADX Indicator to Trade Forex
Description
This class will teach you how to trade with ADX indicators and introduce you to the simplest methods of entering buy/sell trades based on ADX. You can use the ADX indicator for day trading or to target a specific time frame, like daily or weekly.
Average Directional Index (ADX) is another helpful technical analysis indicator provided by Wilder. It simplifies the complex subject of trend strength and direction into a very straightforward and simple chart.
The fact remains that no matter how experienced you are, you may not always understand what you should be doing in the market. Learn from real live trading demonstrations showing how traders determine the strength of a trend using ADX indicator.