InvestorsHub Logo
Followers 67
Posts 3634
Boards Moderated 0
Alias Born 01/30/2014

Re: HeavenBound post# 2732

Monday, 08/21/2017 12:11:35 PM

Monday, August 21, 2017 12:11:35 PM

Post# of 2955
Trading Strategies with ADX and Interpretation

ADX Value Trend Strength Comments Stock Screener~

0-20 - Non Trending Sideways market or a phase of Accumulation/Distribution.

20-25 - Trending for less Volatile Stocks Some Analyst use value above 20 as Trending. Works for lesser volatile stocks.

25-40 - Strong Trend: This indicates strong trend.

40-60 - Very Strong Trend: Rare. Traders should take advantage of it.

60-100 - Extremely Strong Trend: Very rare. Such trends are not sustainable and traders should be ready for trend reversal.