| At this time, there are many ways to use the oscillator indicators to mesure the market momentum and identify the entry signal, it has been used in many trading strageties, one of them is trend line breaking signal. The rules is very simple: The indicator indicates the divergence, it's mean the current trend is slowing down, then waiting for the break of the current trendline, this rule applys for both up and down trend. Remember this signal can be the big retracements or the reversal, see the bigger trend to make the best decisions. |
You can get the indicator a here: ADXm
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