The ADX Smoothed is a technical indicator ADX indicator smoothed using the smoothing algorithm to John Ehlers ADX curve, + DI and -DI.
Compared with conventional ADX Indicator, the ADX indicator Smoothed contains less market noise
Interpretation Signals And Rules Of Trading
- Strength of the trend
. Smoothed ADX line is above the 20 level - trend market, bullish or bearish trend strong
. Smoothed ADX line is below level 20 - No trend, range trading conditions
- Buying Signals
. Curve + DI crosses -DI upward the line - Trend bullish
- sell signal
. Curve + DI crosses down the line -DI - Trend bearish
Read more about the rules and trading signals:
Exchange Trading - Technical Analysis - ADX
Analysis Trading
Trade Example
Exchange
Currency Forex - Cross AUD / USD
Time Frame: 6 Hours - H6
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