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Trading Using ADX

  • #1
  • First Post: Aug 31, 2022 8:53am Aug 31, 2022 8:53am
I've been using this method for years and I still unable to find breakthrough / improve it.

The entry criteria is very simple, the signal line & +DI / -DI slope up at the same time around level of 20-25. I used ADX to measure the volatility, when both signal and +DI/DI slope up together, I take it as market have strength to continue moving forward.

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  • #2
  • Aug 31, 2022 8:55am Aug 31, 2022 8:55am
The issue I'm facing is, the price did not get into the direction I forecast immediately, or in next 2 candle, but the good part it, I have chance to close breakeven just like below. Price only drop on the third candle and that's is the chance to close BE.
Don't be surprise the signal always occur on Supply & Demand or Support & Resistance level/area. I will still enter the market and it works sometimes and most of the time end up with BE.
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  • #3
  • Edited 9:35am Aug 31, 2022 9:02am | Edited 9:35am
This is when working well. The next or next 2 candle will be in the position targeted before losing the strength or momentum. Ideally, to close the trade in next 1-2 candle and just take whatever the market give.
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Usually this will happen if not close in 1-2 candle
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  • #4
  • Aug 31, 2022 9:07am Aug 31, 2022 9:07am
Here is the signal

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Against direction on entry candle
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Here to set BE
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Out of 10 trade, I will have like 7BE 2Winning & 1Lost (probably - but usually will just another BE trade).
  • #5
  • Sep 9, 2022 1:17am Sep 9, 2022 1:17am
Quoting boy2boy
Here is the signal {image} Against direction on entry candle {image} Here to set BE {image} Out of 10 trade, I will have like 7BE 2Winning & 1Lost (probably - but usually will just another BE trade).
You trade from mobil ?
  • #6
  • Sep 9, 2022 11:58am Sep 9, 2022 11:58am
Easy just trade in opposite direction
  • #7
  • Sep 18, 2022 7:11am Sep 18, 2022 7:11am
Quoting boy2boy
Here is the signal {image} Against direction on entry candle {image} Here to set BE {image} Out of 10 trade, I will have like 7BE 2Winning & 1Lost (probably - but usually will just another BE trade).
Hello, I am very interested in your strategy. How many years did you use it, and is it still profitable today? I would like to have more detail about it if you dont mind. Thanks...
  • #8
  • Sep 18, 2022 8:34am Sep 18, 2022 8:34am
Forget about ADX. It's bloody lagging and a perfect way to blow your account. Morden day market doesn't work in this way.
Simplicity is the ultimate sophistication - Leonardo da Vinci
  • #9
  • Sep 18, 2022 9:11am Sep 18, 2022 9:11am
Quoting heispark
Forget about ADX. It's bloody lagging and a perfect way to blow your account. Morden day market doesn't work in this way.
What do you suggest ?
  • #10
  • Sep 18, 2022 1:32pm Sep 18, 2022 1:32pm
Quoting Homamiadana
{quote} What do you suggest ?
price action + moving average
Simplicity is the ultimate sophistication - Leonardo da Vinci
  • #11
  • Sep 18, 2022 6:37pm Sep 18, 2022 6:37pm
Quoting heispark
{quote} price action + moving average
Can you suggest me interesting thread please?
  • #12
  • Sep 19, 2022 3:26am Sep 19, 2022 3:26am
Quoting heispark
{quote} price action + moving average

like the Power of 10EMA
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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #13
  • Sep 19, 2022 4:11am Sep 19, 2022 4:11am
Quoting Homamiadana
{quote} Can you suggest me interesting thread please?
Steve's hidden gem thread: https://www.forexfactory.com/thread/...usd-m5-trading
Simplicity is the ultimate sophistication - Leonardo da Vinci
  • #14
  • Sep 21, 2022 6:37pm Sep 21, 2022 6:37pm
Quoting krakra
{quote} You trade from mobil ?
yes, most of the time I trade from mobile.
  • #15
  • Sep 21, 2022 6:39pm Sep 21, 2022 6:39pm
Quoting Homamiadana
{quote} Hello, I am very interested in your strategy. How many years did you use it, and is it still profitable today? I would like to have more detail about it if you dont mind. Thanks...
I'm been using for at least 3 years. I made money but most of the time hit breakeven. I was looking for breakthrough.
  • #16
  • Sep 22, 2022 10:52am Sep 22, 2022 10:52am
Quoting heispark
Forget about ADX. It's bloody lagging and a perfect way to blow your account. Morden day market doesn't work in this way.
indeed lagging but it has the pattern which I'm looking for breakthrough
  • #17
  • Last Post: Jan 13, 2024 11:41pm Jan 13, 2024 11:41pm
Quoting boy2boy
{quote} indeed lagging but it has the pattern which I'm looking for breakthrough
hey, are you still using this? Want us to jump on a few zoom calls to take a look further?
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