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

Avatar
  • 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

Avatar
1
Andrey Khatimlianskyi
Quote from nigel faria

It would be good to stop trading during a ranging market ie when the ADX <20

I've separated your idea into new topic -- https://communitypowerea.userecho.com/communities/1/topics/713-adx-filter-improvement

Please, vote.