All that glitters is not gold, they say. The same often applies to everything that is popular. And, if nothing else, ADX is one of the more popular indicators on the market. The average directional index (ADX) was developed more than 40 years ago. Nowadays, this tool is typically used by technical traders to measure volume. ADX consists of two main components – the ADX line and Directional Index (DI). The indicator aims to show trend strength and trend direction.

The RSI is one of the most commonly used technical indicators among Forex traders. In this post, we will explain the indicator, covering the following: What is the RSI? How the RSI is calculated How to use the RSI Example strategies What is the RSI? The RSI (relative strength index) is a momentum indicator used in technical analysis to measure the speed of price movements. It is classified as an oscillator, as it oscillates between zero and 100. When attached