TRADING TIPS

How to Make Your ADX Match Mine

Hubert Senters here. Got a question from a viewer. I’m trying to mirror Hubert’s chart as much as possible. His ADX chart has two lines. Mine has four. He’s using DMX plus and DMX minus which is a good indicator. Which lines would I eliminate to match? So I’ve got the DMI right here on top of my ADX so different platforms do different things. The ADX that I use I think it’s called Wilder’s. Let’s see. yeah. Wilder’s Average Directional Movement. So number one I just changed the threshold line. I just make it thick so I can see the thing because I can’t see it half the time so I’ll make that thicker. And then I will make this line a little thicker too. Now, that’s a little bit too thick but you get the point how you make that one match it so your yellow line is going to be the ADX. And then what you have to do is you should have a threshold line. That’s a little too thick. I got a little aggressive there. Let’s tone it down just a little bit there. So a market is going to be trending when the line goes above the green threshold line and I format that. you can see right here in the inputs. Trigger level 20. The period link is 14. If you’re using a DMI what you might have to do is put a line on around $20 like that right there. That’s close enough. And then I’m going to expand this a little bit. So the ADX is going to be this yellow line and then anytime it dips below $20 you’ll know hey, don’t trade like this is tradeable and trendable. And this is non-tradeable and non-trendable when the yellow line drops below $20. That should help you fix that type of issue. Every platform is a little bit different but you can mix stuff work and make it match mine if you need it be. I’ve been asked to speak at the Wealth 365 event which happens as of 11 days as of the recording of this video. I’m going to HYPERLINK you to the registration page. I’m going to be talking about how to scan the markets effectively, how to find really good trades in two or three clicks of a mouse and then how to filter the best trades to take by just looking at them. It’s not that hard to do. If you’re struggling of trying to figure out if this market is trending or non-trending will fix that. Or if you’re having a struggle like hey, is this thing going up, down or sideways, I’ll fix that. Good luck. Hope it helps. I will HYPERLINK you to the registration page. Hubert.

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