ADX Consolidation EA 5
- Alena Lysenkova
- Version: 1.0
- Activations: 5
"ADX Consolidation EA" is a new word in the world of advisors on standard indicators, with a clear and understandable entry point. The ADX indicator is present in all trading terminals and programs for technical market analysis. The indicator looks like three lines, fluctuating in the range from 0 to 100 in a separate window, common to all oscillators.
First, two lines are generated that measure buying and selling pressure. They are called +DI (positive directional indicator) and -DI (negative directional indicator). A bullish environment exists when the +DI line is greater than the -DI line. From these two lines, a third is created, called the “average directional movement (ADX) line. A rising ADX line tells us that the market is in trend mode. A falling or flat horizontal ADX line represents the surroundings of the trading range. Thus, to enter the market, you need to wait for its consolidation (when ADX is below +DI and -DI) and enter the market. I advise you to use VPS, trade on all currency pairs, observing money management. Timeframe H1.