this strategy based on ADX and MACD(Histogram)
*support breakout is confirmed by the rebound under that support trend line and Histogram is Negative add to that the D-(RED LINE )in ADX indicator is Above D+(GREEN LINE).
IF YOU NOTICE A SECOND CROSSOVER BETWEEN D- AND THE GREY LINE EXIT THE POSITION.
*support breakout is confirmed by the rebound under that support trend line and Histogram is Negative add to that the D-(RED LINE )in ADX indicator is Above D+(GREEN LINE).
IF YOU NOTICE A SECOND CROSSOVER BETWEEN D- AND THE GREY LINE EXIT THE POSITION.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.