What is ADX?

ADX is an indicator that collects information about the trend of the market. 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