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ADX Indicator Stratigy (Booming Bulls)

The ADX indicator shows the strength of a trend in the market but does not specify the direction. ADX values below 20 indicate no clear trend, while higher values from 17-50 show an increasing strength of trend. ADX identifies when the market is moving but not whether it is moving up or down. Pairing ADX with other indicators can help determine the market direction during trends.

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419 views1 page

ADX Indicator Stratigy (Booming Bulls)

The ADX indicator shows the strength of a trend in the market but does not specify the direction. ADX values below 20 indicate no clear trend, while higher values from 17-50 show an increasing strength of trend. ADX identifies when the market is moving but not whether it is moving up or down. Pairing ADX with other indicators can help determine the market direction during trends.

Uploaded by

driftUP
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as TXT, PDF, TXT or read online on Scribd
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Indicator

- ADX ( Search DMI )


go to setting and remove all indicator on DMI only keep ADX

when ADX has value of below 20 there is no trend


when ADX value is above or rising 17-18-20-22-24-25-30-32-50

This indicator tells the movement of market


but not specified about up or down
Increasing ADX shows the upcoming movement in market
but dosent specify the upwards or downwards movement
It saves us from non moving market day

OTHER INDICATORS WITH ADX CAN ALSO HELP TO SHOW UPWARDS OR DOWNWARDS MOVEMENT

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