If you begin to trade fx, it’s significant to remember that searching for the top currency indicator technical is futile because there is no holy grail in currency. Average Directional Movement Index (ADX) is a lagging indicator forex, and is many times used to claim whether a market trend has remained intact. The Average Directional Movement Index (ADX) is a foreign exchange indicator technical that measures if there is a market trend, how it’s developing, and how strong is it. In an bull trend, the price might be closing close the highs of the trading range, and during a downward trend, it could be close the lows.
Download : Average Directional Movement Index (ADX)