^{IADXFunction
Hierarchy Properties}

<sup>Type Library
TeeChartx

Description
The ADXFunction is normally used in financial trending applications to determine whether a market is trending, or moving sideways. A high ADX reading indicates a trending market. A rising ADX indicates a trending market (either up or down). If the ADX reaches 40 or greater, look for a signal that indicates the trend is over. An ADX of 20 or less indicates a sideways market.</sup>