Average Directional Index (ADX) vs Zigzag Indicator

General Information Comparison

• Indicator Type 📊

  The category or classification of the trading indicator based on its primary function and analysis method.

  Both*

  • Trend

    Indicators that help identify and confirm market trends

• Asset Class 💰

  Specifies the financial instruments for which the indicator is most commonly used

  Both*

  • Stocks

    Indicators optimized for analyzing and predicting stock price movements in equity markets.
  • Forex

    Indicators optimized for currency pair trading in the foreign exchange market.
  • Commodities

    Trading indicators optimized for commodity markets like oil, gold, and agricultural products.

• Known for 💭

  The unique selling point or distinguishing feature of the trading indicator

  Average Directional Index (ADX)

  • Trend Strength Without Direction

    Average Directional Index (ADX) is known for Trend Strength Without Direction.

  Zigzag Indicator

  • Filtering Market Noise

    Zigzag Indicator is known for Filtering Market Noise.

• Made In 🌍

  The country or origin of the trading indicator

  Average Directional Index (ADX)

  • 1978

    Average Directional Index (ADX) was developed in 1978. Trading indicators specifically developed in 1978 Click to see all.

  Zigzag Indicator

  • Unknown

    Zigzag Indicator was developed in Unknown. Indicators with undisclosed country of origin, focusing on performance Click to see all.