Algorithmic Trading with ADX in Python Medium
It signals that the price is exiting the flat, and there is a directional movement (i.e., a trend) forming. Some people recommend opening a trade only after crossing the 30th level. The ADX Trend Indicator or Average Directional Movement Index Trend Indicator is a popular and useful tool known for its versatility. Many traders and investors use it to determine the strength of a particular asset’s market trend. Following the breakout, gold's momentum builds sharply, as evidenced by the ADX rising...