The ADX BreakOut is one of the most effective trading strategy.
The ADX indicator is a complex trading system with many useful functions.
The 3 lines (ADX, PlusDI, MinusDI) give you enough information to make good decisions.
You see the strength of the Bull and Bear.
The indicatror has 2 input parameters:
1., Indicator period (as normal ADX)
2., Strenght Level – you can filt the signs with this value. As low the value as more signals arrive but you get more false signals. I do not recommend to use 20 or less values.
This indicator can work as standalone tool, but I recommend you to use at least one oscillator (MACD, RSI, Stoch..) to get more precise entry points.
When the sign event happened: the indicator gives you the following notifications:
– Buy or Sell sign apperars on the chart
– Soundfile (that you have choosen) will played
– Email and Telegram notifications arrive to you.
With this tool you do not need to stay at the front of your computer from 0-24!
AlgoGURU indicator checks the market and notify you if something happened.
– Free version works on demo accounts and with EURUSD/D1 only without time limit.
– Full version works without limitations