Trend Following_ADX Indicator_0607

The ADX or the Average Directional Index indicator is a handy tool that can help traders in a number of ways. For the most part, those who follow a trend trading strategy will discover that the ADX can be a useful addition. While traders often end up using two or more indicators that basically gives the same information making them redundant, t...

2018-05-31 John Benjamin Read more
Identify trend_forex_2704

In the previous article, we looked at how traders can ignore the moving average and instead focus on just the Average Directional Index (ADX) and the Moving Average Convergence and Divergence (MACD) indicators to determine the trend strength. Before reading this article, it is ideal to refer to the first part of this series to gain insight and ...

2017-04-27 John Benjamin Read more
Identify trend_2604-1

Technical indicators are often used by traders for a number of reasons, but primarily to detect the changes in the markets. Technical indicators are relied upon for signs of any change in direction, or the momentum in the price of the underlying security as well as volatility in the markets. Among the different types of indicators and the varia...

2017-04-26 John Benjamin Read more