ADX trading shorts and longs
Green arrow pointing up = Long
Red arrow pointing down = Short
So -DI cross down on +DI coming up with ADX coming down on from Strong to Week or from Very Strong to Strong. = Long
So +DI cross down on -DI coming up with ADX coming down on from Strong to Week or from Very Strong to Strong. = Short
So general rule of thumb,
when DI+ is over the DI- and ADX is over the week = Long
when DI- is over the DI+ and ADX is over the week = Short
I will play with this with small amounts, the time frame is 45 mins, this seems to work best.
Let me know what you think is this good enough to use or abit miss leading?