Average Directional Index (ADX)
Information about Average Directional Index (ADX) from GBPForex
Tags: ADX, Indicators I Used
Posted in: custom indicators
Another indicators I used : ADX.
I use ADX indicators at Time frame (TF) M30
ADX for me is good. It can show me about the movement.
For me or my opinion about ADX, I used ADX and add line/Level : 30.
when ADX cross above 30, and +DI line cross above (for safety, above 20) and -DI line still going down, it’s very nice for BUY position.
I also take buy position if ADX and +DI line cross up together above level 20, and -ID line below level 20.
And if +DI line change to going down, or -DI line going up I close my buy position.
The opposite, for Sell position.
I used this indicatos with RSI14, i_trend, Stoch (5,3,3) and ( %R(14) for support position)
Posted in: custom indicators
