Yes, but it provides better strategy signals when combined with price. Investors should first use ADX to determine whether prices …

The two indicators are similar in that they both have lines representing positive and negative movement, which helps to identify …

There are other technical analysis indicators similar to the ADX, like the parabolic SAR, moving averages, and envelopes. The index’s …

Traders can easily alter the moving average period to meet their trading needs or style. ADX gives great strategy signals …

But it still confirms that this reversal isn’t a correction but a major bullish trend transitioning into a bearish one. …