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How To Use The MACD Indicator To Determine Trend Direction
Aug 29, 2014 · Alexander Londoño Is Analyst Contributor At Forex Broker ActivTrades. Alexander Has Been A Financial Markets Trader For More Than 10 Years, Including Scalping And Position Trading, From Small Individual Accounts To L 23th, 2024

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Index (ADX). Developed By J. Welles Wilder, The ADX Is Meant To Evaluate The Strength Of A Current Trend, Be It Up Or Down. The Important Point Is That This Technical Indicator Will Not Give You The Direction Of The Trending Move, But Rather Will Tell You If That Move Is Gaining Or Losing Strength. 1th, 2024

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