ADXtender Short Setup

  1. ADXtender Short Setup
    • 1. Price makes a new low and ADX rises above 25.
    • 2. Price retraces up near the 20 EMA.
    • 3. ADX turns down during the price retracement.
    • 4. +DMI does not cross -DMI on the retracement.
    • 5. Enter short when price makes a pivot high reversal (down) and -DMI makes a new high.
    • 6. Place a stop loss above the price pivot high.
Author
jcocrat
ID
277726
Card Set
ADXtender Short Setup
Description
ADX
Updated