Are you new to the cryptocurrency world and feeling a bit lost? Don't worry, you are not alone. The cryptocurrency space can be daunting for newcomers, with its many terms, abbreviations and definitions that can be difficult to understand.
ATAIX crypto glossary will help make sense of some of the most common cryptocurrency terms and definitions. Armed with this information, you'll be ready to start participating in this exciting and innovative new economy!
The ADX is a tool that helps traders determine the strength of a trend. It is based on the idea that when the market moves in the direction of a strong trend, it becomes easier to make profits and significantly lowers the risk.
Wilder's ADX indicator is a popular tool used by traders and financial experts to measure the strength of trends in a wide range of markets. The indicator was originally designed with commodity charts but has since been adapted for use in other markets.
The Average Directional Movement Index (ADX) is a tool that measures the strength of a trend, irrespective of whether prices are going up or down. The Directional Movement System incorporates the ADX and two-directional movement indicator lines used to calculate ADX. ADX readings range from 0 to 100 and are usually displayed in the same window as the two directional movement indicator lines.