Stocks & Commodities V. 37:11 (13, 18): ADX & 50SMA Breakouts by Ken Calhoun

Stocks & Commodities V. 37:11 (13, 18): ADX & 50SMA Breakouts by Ken Calhoun
Item# V37C11_944CALH
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ADX & 50SMA Breakouts by Ken Calhoun

The more technical signals that line up in your favor, the better the odds of making a successful trade. Here’s an example of how to confirm a technical signal with another signal.

When it comes to finding strong entry signals, it is often a good idea to combine two or more technical indicators. This month, I will demonstrate combining moving average (MA) breakouts with average directional index (ADX) entry signals. The reason this is useful is because it gives you a stronger breakout signal that may be less likely to generate false breakouts, compared to using a single entry signal ...




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