Click here to Login








ADX Trading System

by Brian Brown, 2881 days ago
Share |


Here is a screen that displays buy and sell trading signals using a system that works with the Average Directional Index (ADX), the Positive Directional Indicator (PDI) and the Negative Directional Indicator (MDI).

The screen creates buy and sell columns. A value of one in a cell under the buy column means that the system generated a buy trading signal for the corresponding stock or security. A value of zero means that no signals were generated. The system generates a buy signal based on the ADX and positive momentum and a sell signal based on the ADX and the diminution of this momentum.

The ADX is a technical analysis indicator that measures the strength of a trend and helps us determine whether the trend is strong or weak. It is strong when the ADX value is high and weak when this value becomes low. The ADX trading indicator is usually used with two other technical indicators, the positive directional indicator, PDI, and the negative directional indicator, MDI. The former is calculated by taken the exponential moving average (EMA) of the Plus directional movement (PDM - plus_dm) and then dividing it by the EMA of the true range. The latter is calculated the same way but it uses the Minus directional movement (MDM - minus_dm) instead of the PDM.

Here are some trading rules that use the ADX trading indicator, you can download them here: The Best trading rules for the ADX technical indicator.




You have to log in to bookmark this object
What is this?




Type: Screen

Object ID: 651


Country:
All

Market: All

Style:
Technical Analysis

Reviews
You must log in first

Join now
and get instant access for free to the trading software, the Sharing server and the Social network website.
Click here


Related objects
Show All
Volume High (by srishail, uploaded several months ago)
No notes

Rate an item Rate an item Rate an item Rate an item Rate an item Number of downloads 59 Notes Report an item
Gap Up Opening (by Raju Harchandani, uploaded several months ago)
No notes

Rate an item Rate an item Rate an item Rate an item Rate an item Number of downloads 48 Notes Report an item
Stock Bounces off its Previous Resistance or Support Line (by Brian Brown, uploaded several months ago)
No notes

Rate an item Rate an item Rate an item Rate an item Rate an item Number of downloads 170 Notes Report an item
Volume Ratio Rank Screen (by bug man, uploaded several months ago)
No notes

Rate an item Rate an item Rate an item Rate an item Rate an item Number of downloads 58 Notes Report an item
Pivot Point Breakout Scanner (by The trader, uploaded several months ago)
No notes

Rate an item Rate an item Rate an item Rate an item Rate an item Number of downloads 116 Notes Report an item
Swing Point Function (SP) (by SystemTra.de, uploaded several months ago)
No notes

Rate an item Rate an item Rate an item Rate an item Rate an item Number of downloads 92 Notes Report an item
Trend Deviation Indicator (by bug man, uploaded several months ago)
No notes

Rate an item Rate an item Rate an item Rate an item Rate an item Number of downloads 13 Notes Report an item
Number of reviews
Click to add a review
Average rate
Click to rate this item
Number of times this object was downloaded
Number of rates the current object received
Report an object
if you can't run it for example or if it contains errors
Click to report this object

Technical Analysis


Fundamental Analysis



Random Blog Posts

How to create market indicators using the composite function - Part 2

Create a Pivot Table that displays the Relative Strength Index - RSI

6 Stock Trading Items Related to the New York Stock Exchange - NYSE

Pivot Tables in QuantShare Trading Software

How to create market indicators using the composite function - Part 1

Optimize a trading strategy using the Sharpe ratio

How to create a trading indicator that uses stock news

How to create your own technical analysis indicators

Show All

Number of reviews
Click to add a review
Average rate
Click to rate this item
Number of times this object was downloaded
Number of rates the current object received
Report an object
if you can't run it for example or if it contains errors
Click to report this object






QuantShare
Product
QuantShare
Features
Create an account
Affiliate Program
Support
Contact Us
Trading Forum
How-to Lessons
Manual
Company
About Us
Privacy
Terms of Use

Copyright 2018 QuantShare.com
Social Media
Follow us on Facebook
Twitter Follow us on Twitter
Google+
Follow us on Google+
RSS Trading Items



Trading financial instruments, including foreign exchange on margin, carries a high level of risk and is not suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in financial instruments or foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with trading and seek advice from an independent financial advisor if you have any doubts.