Linda Raschke's Holy Grail System
I love ADX. If you are trend follower, ADX can be one of your best friends.
http://www.prudenttrader.com/pt-primecharts0616.html
By the way, MT4's ADX is inaccurate and I recommend Wilder's original ADX.
Various ADX indicators: https://forex-station.com/viewtopic....7039&hilit=adx
Originally, I adopted idea from Alien's system, however I think by when multiple periods of ADX become all positive, entry is often too late. Instead, I like the idea that ADX contraction as an entry. Linda Raschke also mentioned about this before.
I love ADX. If you are trend follower, ADX can be one of your best friends.
http://www.prudenttrader.com/pt-primecharts0616.html
Inserted Video
By the way, MT4's ADX is inaccurate and I recommend Wilder's original ADX.
Various ADX indicators: https://forex-station.com/viewtopic....7039&hilit=adx
Originally, I adopted idea from Alien's system, however I think by when multiple periods of ADX become all positive, entry is often too late. Instead, I like the idea that ADX contraction as an entry. Linda Raschke also mentioned about this before.
Simplicity is the ultimate sophistication - Leonardo da Vinci