I just want to add condition
if adx is > 25 and EMA 13 is crossing from lower price then buy.
if adx is > 25 and EMA 13 is crossing from higher price then buy.
for your reference attaching image.
Thanks for very useful article.
Kind Regards.
Thanks for the article.
hello,
thank you for this interesting text.
Please note there is a small error in the drawing where you teach uptrend.
IMHO the text in the drawing should be "higher low" instead of "lower low".
See my screenshot.
Best Regards
Gunther
hello,
thank you for this interesting text.
Please note there is a small error in the drawing where you teach uptrend.
IMHO the text in the drawing should be "higher low" instead of "lower low".
See my screenshot.
Best Regards
Gunther
Hello Gunther:
Thanks for your kind comment. You are correct.
Kind regards,
Mohamed
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New article Learn how to design a trading system by ADX has been published:
In this article, we will continue our series about designing a trading system using the most popular indicators and we will talk about the average directional index (ADX) indicator. We will learn this indicator in detail to understand it well and we will learn how we to use it through a simple strategy. By learning something deeply we can get more insights and we can use it better.
In this part, we will design a blueprint for each strategy to help us to create the trading system, and this blueprint will organize and set what we need the program or the system to do step by step.
The following picture is a blueprint for this strategy:
Author: Mohamed Abdelmaaboud