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The Average Directional Index (ADX) is an indicator that is well known as a tool for measuring trend strength. ADX was popularized in the 70-80s by Welles Wilder. When combined with DI+ and DI-, ADX can also generate BUY or SELL signals.
ADX translation
The purpose of ADX is to show whether...
to use this technique the suitable times are between 2:00pm-5:00am EST, 8:00am-12:00am EST and 7:30pm-10:00am EST. And for this technique, before the news or after the news, try to avoid it.
For setups:
1. Bollinger Bands (2 deviation and 20 period)
2. RSI (period 7)
3. ADX
Buy Orders:
1...
To be successful in trading cannot be obtained in an instant. The fact is that 95% of traders experience losses in their trading activities, especially for beginners who are just a little familiar with forex and don't have sufficient experience. Even so, not a few traders who have been in the...