Understanding Strength Trends with ADX – Average Directional Indication

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Tuesday, January 24, 2023 | 01:00PM EST

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Expert: Barry Norman

Hosted by: Alvexo

Registered Users: 224

Technical Analysis
Beginners
Intermediate

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The Average Directional Movement Index (ADX), developed by famed trader Welles Wilder in 1978, is used by traders to determine trend strength and direction.
ADX is a popular indicator among traders of all skill levels. In terms of functionality, the ADX is an interesting indicator for determining market situations. Traders can quickly determine and use the proper strategy.
ADX belongs to the broader group of trend-following indicators. ADX adjusts quickly to market conditions.

Barry Norman

The Director of Investors Trading Academy as well as a published author and educator. Barry brings with him over 35 years of financial market knowledge and experience. He holds an MBA in Finance and Economics from UCLA and an undergraduate degree in Economics from the University of Maryland. Barry was awarded the title of “Best Education in Europe” by Global Banking & Finance. Barry is also a presenter for the MoneyShow and many well-known news sources.

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