ADX and DMI Indicator for Trading: Best Strategies and Finding Trends

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Today we're taking a look at the DMI or Directional Movement Index and ADX or Average Directional Index Indicators for trading. We talk about how to use it to identify trends, the best strategy, and more. We also showcase the free improved ADX/DMI indicator for TradingView.

00:00 - Directional Indexes
01:19 - ADX Line
01:35 - Trending Threshold
02:06 - Length and Smoothing
02:47 - Improved DMI
03:24 - Trend Exhaustion Detection


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LEGAL DISCLAIMER:
The information and indicators provided are for educational and informational purposes only and should not be construed as financial or investment advice. The trading indicators, strategies, and information provided are intended solely for educational purposes. Trading and investing in financial markets involve a high level of risk, and you may lose all or a portion of your investment. Past performance is not indicative of future results.