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Bonny99
22 Th03 2023 16:32

ADX trend reversal/continuation spotter 

Euro Fx/U.S. DollarFXCM

Mô tả

This indicator is based on ADX and uses a method based on pivot points to identify a possible trend reversal or trend continuation.
To better understand how to use this indicator, follow these instructions:
Check which type of line ADX is below/above.
If the ADX line is above the green line and has changed color, you can expect a possible trend change.
Similarly, if the ADX line is below the red line and has changed color, you can expect a continuation of the previous trend or a possible trend uptake based on the current situation in the chart.

FX:EURUSD
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Nagendra_Singh
too much difficult to understand, pls. make it easy to understand
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