For today, I have prepared a short talking about the ADX indicator. It can be easily used for your bussiness strategy. These values show the strength of the current rising or falling trend , or confirms non-trend market. ADX curve itself does not show us whether this is a trend of decline or rise, but there are DI curves for that, in addition we should be able to identify if the price rises or falls by ourselves by now.
If the ADX curve grows , the strenght of the current trend rises also and vice versa. More on this in a different article, though. This version of the indicator is a little older and does not contain DI curves, but it will still serve us. In our case the ADX curve kept orbiting around the value of Therefore there was no trend to speak of — the price was stagnating. Do we understand how the indicator works, yet? ADX indicator comes with one problem. It will not tell us exactly when to enter or exit a trade.
What it tells us though is, whether it is a good idea to enter a trade with the direction or against the direction of the trend. There are two ways you can trade using the ADX which are: However that is for a longer talk and we can look forward to it in a different article. I've wanted to build a business of some kind and earn money since I was in middle school. I wasn't very successful though until my senior year in highschool, when I finally started to think about doing online business.
Nowadays I profitably trade binary options full-time and thus gladly share my experiences with you. More posts by this author. Email will not be published required. Subscribe me to your awesome newsletter! Preview of ADX indicator. Example of trading using ADX. More about the author: Step I've wanted to build a business of some kind and earn money since I was in middle school.
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