- Rank: 89
- Followers: 30
- Votes: 4
- Years Member: 16
- Last Update: 17 January 2020, 16:27
-
Categories:Trend Analysis
Market Breadth Analysis
Market Timing
FOLLOW ME ON TWITTER AT:
@Stock_Trend_Chg on Twitter
https://TWITTER.COM/STOCK_TREND_CHG
OLD BLOG
http://stock-market-observations.com
ADX & VORTEX RULES:
WHEN RED (-DMI) MOVING LINE TOUCHS THE RED HORIZONTAL LINE AND WHEN GREEN (+DMI) MOVING LINE TOUCHS THE GREEN HORIZONTAL LINE, USUALLY AT THE SAME TIME = BUY ZONE
RED ON RED AND GREEN ON GREEN = GOOD
WHEN RED (-DMI) MOVING LINE TOUCHS THE GREEN HORIZONTAL LINE AND WHEN GREEN (+DMI) MOVING LINE TOUCHS THE RED HORIZONTAL LINE, USUALLY AT THE SAME TIME = SELL ZONE
RED ON GREEN AND GREEN ON RED = BAD
UPON A BUY or SELL SIGNAL, WAIT FOR THE MOVING LINES TO BEGIN MOVING AWAY FROM A PEAK AND BACK TOWARDS THE
CENTER. THIS IS TO MAKE SURE THE MOVING LINES DON'T CONTINUE MOVING INTO A MORE OVERBOUGHT or OVERSOLD CONDITION.
IN OTHER WORDS, YOU ARE WAITING TO SEE THE TREND BEGIN ITS REVERSAL, USUALLY THESE TREND REVERSALS CONTINUE
FOR AN EXTENDED PERIOD
This information is presented for education purposes only. StockCharts.com is not responsible for any comments, advice, or annotations presented on this page. Please review our Terms of Service for more details.