Adx moving average trading strategy

Adx moving average trading strategy

Author: dim3shturm On: 22.06.2017
adx moving average trading strategy

The period simple moving average — ADX forex strategy is used to buy dips in up trending currency markets while selling rallies in down trending markets. The overall trend is determined by a period MA.

We consider the market bullish if price is trading above the MA while bearish if price is trading below the MA. We look for buy signals ignore all sell signals when price is considered bullish, we look for sell signals ignore all buy signals in a bearish market.

adx moving average trading strategy

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ADX: The Trend Strength Indicator

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ADX: The Trend Strength Indicator

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