Best Indicator to detect strong trending to avoid scalps trading
use adx on hourly time frame if adx is over 25 dont try to scalp against the trend
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hello,
i learning to do scalps (with oschillator) with short term target 5-10 pips.. but sometimes i forget to do trend filtering, like what happen today when there is strong trend happen to support dollar... sometime i open position againts the trend hoping for small profit.
so i would like to ask indicator or method to detect if there's strong trend happen (or spike).. i should stay away from the market. should i use channel like bollinger / keltner ?
any clue ? whats your favourite ?