ADXtender Long Setup

ADXtender Long Setup
- 1. Price makes a new high and ADX rises above 25.
- 2. Price retraces down near the 20 EMA.
- 3. ADX turns down during the price retracement.
- 4. -DMI does not cross +DMI on the retracement.
- 5. Enter long when price makes a pivot low reversal (up) and +DMI makes a new high.
- 6. Place a stop loss below the price pivot low.

Author

jcocrat

ID

277725

Card Set

ADXtender Long Setup

Description

ADX

Updated

2014-06-27T23:35:25Z

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