ADX filter: BUY when +DI <= 5 / SELL when -DI <= 5

Avatar
Ezequiel Bessone
  • updated
  • Completed

Hello, a couple of weeks ago I started with the tests of the expert that seems very, very interesting. One of my strategies that combined with other oscillators and chart patterns or pivots, is to use the ADX which I think would be very useful. Mainly to see when di + or di- touch the level 5 so that the price has a correction towards an average that could be an example of 50 (EMA) and resume the trend. it would also be interesting to be able to add one more pair of moving averages. Cheers

Replies 11
Avatar
0
Andrey Khatimlianskyi
  • Under review

Hey!

Thanks for your post.

So, ADX should allow BUYs when +DI <= 5 and allow SELLs when -DI <= 5?

Please, describe exact rules you want to use.

As for "one more pair of MAs".

Are you about "MA above/below" filters?

Please, give more details too.