Discover and read the best of Twitter Threads about #adx
Most recents (16)
Follow this thread for a step-by-step guide on how to calculate, interpret, and apply ADX to both OHLC and PnF charts. Plus, discover how to use ADX for indicative scans.
#ADX #TechnicalAnalysis #Trading
#ADX #TechnicalAnalysis #Trading
This thread includes a study of Welles Wilder from his book ‘New Concepts in Technical Trading System’ on the Average Directional Index (ADX). This book also includes details on Average True Range (ATR), the Parabolic SAR system, and RSI.
2/
2/
This thread is going to be comparatively longer than my other written threads. So to make your learning easy, I have inserted a thread index for your navigation and quick revisits.
3/
3/
When it comes to #Momentum investing or rather any other type of investing, knowing when to exit > knowing when to enter!!
#MostlyMomentum #investing #StockMarket
👇🏻
#MostlyMomentum #investing #StockMarket
👇🏻
Following are few basic types of technical ratios, indicators, other methods, etc., you can use for exits. This is mainly for rule based investing, and non-discretionary type of investments!
All following examples are just for illustration purpose, go with what suits your behavior as an investor, but once selected, do not change it again and again.
Decoding Markets for Monday🧐
Where are we likely to open ?
Where are we likely to close ?
Lets Decode 😎
Thread 🧵(1/6)
@sahneydeepak @kuttrapali26 @KommawarSwapnil @price_trader_
#StockMarkets #Nifty
Kindly Like ❤️ Share & Retweet 🔁for Max Reach.
Lets get Started 🧐
Where are we likely to open ?
Where are we likely to close ?
Lets Decode 😎
Thread 🧵(1/6)
@sahneydeepak @kuttrapali26 @KommawarSwapnil @price_trader_
#StockMarkets #Nifty
Kindly Like ❤️ Share & Retweet 🔁for Max Reach.
Lets get Started 🧐
2. Before Decode on Charts, lets decode the adx strenght levels of ADX and DMI's.
@kaushaldarshan_ @Himanshu2606 @Puretechnicals9
#ADX
@kaushaldarshan_ @Himanshu2606 @Puretechnicals9
#ADX
3.
Where are we likely to open ??
Nifty Closed at highs on Friday at 18117
On ADX
Bulls were stronger : +DMI @ 32.22 (above 25)
Bears got weaker compartively: -DMI @ 16.88 (weaker but still above 15)
Bears are weaker compared to bulls but not weak enough to lose its strenght.
Where are we likely to open ??
Nifty Closed at highs on Friday at 18117
On ADX
Bulls were stronger : +DMI @ 32.22 (above 25)
Bears got weaker compartively: -DMI @ 16.88 (weaker but still above 15)
Bears are weaker compared to bulls but not weak enough to lose its strenght.
1. ADX PARADOX DECODED !!
Bank Nifty in ADX Paradox Zone
Kindly Like ❤️ & Retweet for Max Reach 🔁
@sahneydeepak @kuttrapali26 @KommawarSwapnil @price_trader_
#stocks #Niftybank #adx #Nifty
ADX Paradox Explanation:
Thread (1/6) 🧵
👇👇👇
Bank Nifty in ADX Paradox Zone
Kindly Like ❤️ & Retweet for Max Reach 🔁
@sahneydeepak @kuttrapali26 @KommawarSwapnil @price_trader_
#stocks #Niftybank #adx #Nifty
ADX Paradox Explanation:
Thread (1/6) 🧵
👇👇👇
2. What is ADX Paradox ??
ADX traders measure volatility on the basis of where ADX on that timeframe is.
However, ADX on diffrent charts are diffrent
ADX on Japanese candlessticks charts is diffrent from ADX on Heikenashi charts.
@Rishikesh_ADX @Amit_Gulecha @Himanshu2606
ADX traders measure volatility on the basis of where ADX on that timeframe is.
However, ADX on diffrent charts are diffrent
ADX on Japanese candlessticks charts is diffrent from ADX on Heikenashi charts.
@Rishikesh_ADX @Amit_Gulecha @Himanshu2606
3. ADX on Hekenashi charts is usually higher most of the times.
But Diffrence in ADX of these charts is usually less than 10
"in normal cases" which is easier for traders to gauge volatility on that timeframes.
@Technicalchart1 @equialpha @kaushaldarshan_ @Ronak_Unadkat
But Diffrence in ADX of these charts is usually less than 10
"in normal cases" which is easier for traders to gauge volatility on that timeframes.
@Technicalchart1 @equialpha @kaushaldarshan_ @Ronak_Unadkat
My 90% trading/investing decisions based & depend on #ZigZag
👉After all TREND is your friends.
Rest on ADX/DMI, EMA, RSI & RM+PS, these tools I use additional confirmations.
#Equity4Life
(For helpful articles read full thread)
👉After all TREND is your friends.
Rest on ADX/DMI, EMA, RSI & RM+PS, these tools I use additional confirmations.
#Equity4Life
(For helpful articles read full thread)
5 Most Used Indicators by Swing Traders:
A Thread (🧵)... (1/18)
A Thread (🧵)... (1/18)
1. Moving Averages: The most simple indicator out there, used by both amateur, as well as experienced #Swingtraders! This indicator takes into account the closing prices of specific periods and Averages them out👇 (2/18)
Periods may be categorized into short, medium, or long-term! For example, a 7-day, 50-day, and 200-day #MovingAverage may be considered👇
(3/18)
(3/18)
6 Most Used Indicators for Intraday Trading📈
A thread(🧵)...
A thread(🧵)...
1. Supertrend: The Simplest of all indicators. It is plotted on the price chart and the current trend can be determined by its placement vis-a-vis price👇
Generally, the default parameters are 10 for the #AverageTrueRange(ATR) (sedg.in/jd12hn59) and 3 for its multiplier👇
"Trading Divergences in RSI."
In this thread 🧵, we will discuss:
1. What is Divergence
2. Why are they formed
3. Types of Divergences
4. #Trading RSI Divergence
In this thread 🧵, we will discuss:
1. What is Divergence
2. Why are they formed
3. Types of Divergences
4. #Trading RSI Divergence
1/n
I had discussed #RSI indicator in my last thread.
If you have not read about RSI, I will encourage you to read about that first before learning about Divergence
I had discussed #RSI indicator in my last thread.
If you have not read about RSI, I will encourage you to read about that first before learning about Divergence
2/n
What is a #Divergence?
It is when price & indicator are giving a different set of information. For instance, if price is going higher but indicator is not or viceversa, this shows that there is a dispute. In ideal case scenario – If price making high, indicator should also
What is a #Divergence?
It is when price & indicator are giving a different set of information. For instance, if price is going higher but indicator is not or viceversa, this shows that there is a dispute. In ideal case scenario – If price making high, indicator should also
1. Day 2. Julian #Assange #ExtraditionHearing #UKHighCourtOfJustice.I'll report on it. In this extradition proceeding, the #USDoJ acts through the @CPSUK, challenging psychiatric evidence used by the judge Baraitser to deny extradition.There's an important info you have to know.
Live court report from #JulianAssange’s extradition hearing [THREAD]:
We start the day by learning that Julian has not be allowed to participate in person at the most important hearing of his life.
This hearing will begin with the #Assange exception to the norm.
#FreeAssange
We start the day by learning that Julian has not be allowed to participate in person at the most important hearing of his life.
This hearing will begin with the #Assange exception to the norm.
#FreeAssange
The hearing will start soon. They are attempting to communicate with Belmarsh.
Judges are in.
1/. COUNTDOWN TO JUSTICE
It is ironic that no one responsible for war crimes in #Afghanistan & #Iraq has been punished
And yet the man who helped exposed these crimes is in the dock
Next month, #JulianAssange will have his final extradition appeal hearing in London. #Assange
It is ironic that no one responsible for war crimes in #Afghanistan & #Iraq has been punished
And yet the man who helped exposed these crimes is in the dock
Next month, #JulianAssange will have his final extradition appeal hearing in London. #Assange
2/. Assange created the technology that allowed outsiders to get a glimpse within
If extradited, @wikileaks founder #JulianAssange faces detention conditions that could amount to torture, the possibility of an unfair trial & a sentence of up to 175 years
If extradited, @wikileaks founder #JulianAssange faces detention conditions that could amount to torture, the possibility of an unfair trial & a sentence of up to 175 years
3/. “Populations don’t like wars. They have to be fooled into wars. Nearly every war that has started in the past 50 years has been a result of media lies” #JulianAssange
Obama opened the investigation
Trump brought charges
Biden admin should drop them
Obama opened the investigation
Trump brought charges
Biden admin should drop them
Case Study 4 : #Chemcon Specialty Chemicals
CMP – 502.25 (7/6/2021)
(Must read Thread 🧵for #TA & #FA learners)
Fundamentals Sound & Technically Breakout Candidate !
#TechnoFundaInvesting
@drprashantmish6 & @Prakashplutus (views invited)
CMP – 502.25 (7/6/2021)
(Must read Thread 🧵for #TA & #FA learners)
Fundamentals Sound & Technically Breakout Candidate !
#TechnoFundaInvesting
@drprashantmish6 & @Prakashplutus (views invited)
0⃣Company came out with #IPO last year and listed on 1st October at Rs. 730 against issue price of Rs. 340.
Stock crashed on listing day and then corrected all the way to 400 level.
#Chemcon #StockMarket #TechnoFunda #Investing
Stock crashed on listing day and then corrected all the way to 400 level.
#Chemcon #StockMarket #TechnoFunda #Investing
1⃣ Chemcon Speciality Chemicals Ltd is a manufacturer of specialized chemical products i.e. HMDS & CMIC.
Its product portfolio includes oilfield chemicals (Calcium Bromide, Sodium Bromide, and Zinc Bromide), Pharma intermediates, Silanes, & chemicals contract manufacturing work
Its product portfolio includes oilfield chemicals (Calcium Bromide, Sodium Bromide, and Zinc Bromide), Pharma intermediates, Silanes, & chemicals contract manufacturing work
#Chartreading #technicalfunda #Raghumantra Classes
Take an Indicater and build an understanding around it.
Today's indicater= #ADX (used to help measure the overall strength of a trend)
For illustration purpose, lets scan for a pullback where trend is quite strong.Conditions:
1/n
Take an Indicater and build an understanding around it.
Today's indicater= #ADX (used to help measure the overall strength of a trend)
For illustration purpose, lets scan for a pullback where trend is quite strong.Conditions:
1/n
2/n
Using the above scanner, I got three stocks:
Gati
GuficBio
Saregama
Checked the higher t/f (in current case Weekly) to look for current range & resistances.
#Chartreading with #Raghumantra Classes
Using the above scanner, I got three stocks:
Gati
GuficBio
Saregama
Checked the higher t/f (in current case Weekly) to look for current range & resistances.
#Chartreading with #Raghumantra Classes
3/n
Then come down to our chosen t/f i.e Daily to fathom probable support points for the current pullback e.g.
20DEMA
50DEMA
Monthly Pivot
Demand zone
Fibo retracement level
Trendline
#Chartreading with #Raghumantra Classes
Then come down to our chosen t/f i.e Daily to fathom probable support points for the current pullback e.g.
20DEMA
50DEMA
Monthly Pivot
Demand zone
Fibo retracement level
Trendline
#Chartreading with #Raghumantra Classes
Have u pay attention to right way use of ADX and RSI stochiastic?
Let's sharpen our saw today instead of stock for tomorrow.
🙏🙏
Let's sharpen our saw today instead of stock for tomorrow.
🙏🙏
Just a hint..
#sbin
Reach three time at 200 in recent past..
But never had momentum..
But #adx is saying something.
Volume says something
Range is saying something.
What else u want ?
#RT if useful..
Written so much in small tweet.
#sbin
Reach three time at 200 in recent past..
But never had momentum..
But #adx is saying something.
Volume says something
Range is saying something.
What else u want ?
#RT if useful..
Written so much in small tweet.
Digest this..
💎Thread of Technical Indicators💎
🚀@Prashantshah267 author of two great books amzn.to/2ZqKbs4
📈Posted #Threads on Technical Indicators & insights.
📈Posting all the #Threads collectively here
Kudos for his efforts in sharing the knowledge..
🚀@Prashantshah267 author of two great books amzn.to/2ZqKbs4
📈Posted #Threads on Technical Indicators & insights.
📈Posting all the #Threads collectively here
Kudos for his efforts in sharing the knowledge..
Dear Friends,
If the trend is your friend, then you should definitely use the ADX Indicator.
Added ADX Bullish and Bearish Patterns.
If the trend is your friend, then you should definitely use the ADX Indicator.
Added ADX Bullish and Bearish Patterns.
#ADX
Wilder suggests that a strong trend is present when ADX is above 25 and no trend is present when below 20.
When the ADX turns down from high values, then the trend may be ending
If the ADX is declining, it could be an indication that the market is becoming less directional
Wilder suggests that a strong trend is present when ADX is above 25 and no trend is present when below 20.
When the ADX turns down from high values, then the trend may be ending
If the ADX is declining, it could be an indication that the market is becoming less directional
#adx
ADX is non-directional and quantifies trend strength by rising in both uptrends and downtrends.
When the +DMI is above the -DMI, prices are moving up, and ADX measures the strength of the uptrend.
ADX is non-directional and quantifies trend strength by rising in both uptrends and downtrends.
When the +DMI is above the -DMI, prices are moving up, and ADX measures the strength of the uptrend.
