To trade this strategy , use the 200EMA as a guide to the dominant trend and disregard counter trend signals. However ,if you must trade the counter signal, ensure that it is clearly around a major support or resistance level using the higher time frame preferably daily as your level.
To Buy, avoid buying when the adx value is failing and the signal is within the green zone as shown on the chart.
To sell, any direction of the adx is fine but ensure you are trading in the direction of the dominant trend.
Try it and let’s make this money while we have fun.
To Buy, avoid buying when the adx value is failing and the signal is within the green zone as shown on the chart.
To sell, any direction of the adx is fine but ensure you are trading in the direction of the dominant trend.
Try it and let’s make this money while we have fun.