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The Average Directional Index is a Forex trading tool that shows the strength of the current trend. It consists of an ADX indicator and two other values:
– Positive Directional Indicator Line
– Negative Directional Indicator Line
This 2-minute video briefly explains the ADX indicator and its structure. Going through the video you can quickly learn the signals of the Average Directional Index their importance when hunting real Forex trends. Learn what is ADX indicator now and try to apply its formula in your day-to-day trading strategy.