The Signal from the Intersection of the DI Lines
December 6, 2021
Indicator Settings
December 6, 2021

How to Read the Indicator

Generally, this indicator is considered an oscillator. It fluctuates between 0 and 100.

The indicator’s main line, the ADX, shows the strength of a trend: the higher it is, the stronger the trend (regardless of direction). Values up to 20 indicate a weak trend, from 20 to 40 a medium trend, and over 40 a strong trend. Values from 40 to 60 indicate a very strong trend. ADX values over 60 are very rare.

The two opposing lines of the ADX indicator (+DI and -DI) mark bullish or bearish trends:

– if the +DI line is above the others, the trend is bullish,

– if the -DI line is highest, the trend is bearish.

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