Tag: ADX
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ADX and Bollinger Band
ADX and Bollinger Band spread betting strategy Time frame: 5 Min Indicators used / Settings: ADX Directional Index (14) Bollinger Bands (20, 2) Charts used: FTSE 100 Possible other spread betting charts:GBP ******************************** Entry Rules: When the ADX is above 25, this indicator tells you that a trend is underway. The whole point of…
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Average Directional Index (ADX)2
Trading Signals: +DI Cross –DI The +DI compares the two consecutive highs and the –DI compares the two consecutive lows. Wells Wilder states: -when the ADX >20 and the + DI is above the –DI. Trade/spread bet Long: -when the ADX >20 and the -DI is above the +DI. Trade/spread bet short: example: Combining…