What is ADX?
ADX is an indicator that collects information from the market trend. It is based on three signals:
- Quotient ADX (highlights the strength of the trend)
- Signal PLUSDI (highlights the strength of the bullish movement)
- Signal MINUSDI (highlights the strength of the bearish movement)
When the PLUSDI signal is above the MINUSDI signal it is considered to be a bullish signal
When the PLUSDI signal is below the MINUSDI signal it is considered to be a bearish signal