BARS The ADX indicator is calculated on the ADX indicator
Broker - Broker Online : Platform Metatrader MT5
Interpretation Signals And Rules Of Trading
* Buy signal: feeling bullish market
. Bar prices ADX BARS blue = bullish trend
line + DI is above -DI line of
. When the + DI is above -DI line and the positive closing chandelier, the ADX BARS price bar is light green
. When the + DI is above -DI line of the fence and the candlestick negative, the ADX BARS price bar is dark green
* Selling signal: sentiment bearish market
. Price bar ADX BARS red = bearish trend
line + DI is below -DI line
. When the + DI is below -DI line and candlestick closing negative, the ADX BARS price bar is light red
. When the + DI is below -DI line and positive closing chandelier, the ADX BARS price bar is dark red
Read more about the rules and trading signals:
Online Stock Exchange - Trader Average Directional Movement Index ADX
Graphic Exchange - Trading Analysis
Trade Example
Exchange - Trading forex currency
symbol GBP / USD
Time Frame: 30 Minutes (M30)
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