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If you come from the previous version of Tradimo, you need to register again. Apologies for the inconvenience. Here is our special offer for new users: This strategy uses a combination of three indicators - the Parabolic SAR, Relative Strength Index RSI and Average Directional Index ADX.
Be aware that this strategy will not help you form a view on the price direction.
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Rather, it will help verify a view that you have already formed by either looking at a higher time frame or from fundamental analysis. First you need to set up your chart. Switch your charts to a 15 minute time frame and add the Parabolic SAR, ADX and RSI to your chart.
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Next, set the indicators to the following parameters — click on each link for instructions on how to do this:. Once you have set your indicators, you need to add some lines to your chart that will help you interpret and act on the signals they give you:.
Tradimo helps people to actively take control of their financial future by teaching them how to trade, invest and manage their personal finance. Trading in financial instruments carries a high level of risk to your capital with the possibility of losing more than your initial investment.
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Trading in financial instruments may not be suitable for all investors, and is only intended for people over Please ensure that you are fully aware of the risks involved and, if necessary, seek independent financial advice.
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Chart set up
Chart set up This strategy uses a combination of three indicators - the Parabolic SAR, Relative Strength Index RSI and Average Directional Index ADX. Set your indicators First you need to set up your chart. Next, set the indicators to the following parameters — click on each link for instructions on how to do this: Add two RSI lines, at the 66 and 34 levels.
Then add an ADX line, at the 20 level. See the image below to see what your chart should now look like: Enrol into this course now to save your progress, test your knowledge and get uninterrupted, full access. Related Courses Gap trading strategy.
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