Average Directional Movement Index Technical Indicator (ADX) assists to conclude if there is a price trend change. It was developed and described in detail by Welles Wilder in his book "New concepts in technical trading systems".
The simplest trading method based on the system of directional movement implies a comparison of two direction indicators: the 14-period +DI one and the 14-period -DI. To do this, one either puts the charts of indicators one on top of the other, or +DI is subtracted from -DI. W. Wilder recommends buying when +DI is higher than -DI and selling when +DI sinks lower than -DI.
Algo Trading is a process of trading that can be done automatically without any manual intervention. As it sounds, we can also name it as robot trading or auto trading. Most of the time, traders lose money due to their emotions and having a lack of patience. But, Algo trading is the best solution to get rid of such type of unwanted loss and stress caused by the inappropriate way of trading.
Trading has become a major part of our lives these days. Some people have completely made it their profession Where some others are doing it in their spare time. It has become one of the good sources to invest your money in and that can be your magnificent future asset. It can be done on your requirements based on some conditions.