Replies to post #2732 on Greenbelt Resources Corp (GRCO)

[HeavenBound]

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.