Closed: How can I interpret the readings of the Average Directional Index?

Expert Advisors & Indicators
1

Closed: How can I interpret the readings of the Average Directional Index?

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An ADX reading below 20 suggests a weak or non-existent trend, indicating a ranging market.

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Readings above 20, with values rising towards 100, suggest the presence of a strong trend, with higher values indicating a more robust trend.