Tag: ADX

  • 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…

  • 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…