RSI and ADX indicator - Best Indicator Combination? 

Glad you found it helpful!

Thanks buddy, more on the way!

what about the settings? RSI2 and ADX5?

Glad you appreciate it, stay tuned for more

It's a good idea, but sadly it would not be viable as such video would simply not get enough views and the RU-vid algorithm would not push it as a result, and obviously it would not be worth the effort. This is a sad reality of RU-vid unfortunately, which is why I reserve technical content for my premium course (see my website). Software is called Amibroker

Hi, you can use something like recent breakout of N-day high

@@CriticalTrading would a stock being above a moving average of choice also indicate a trend-a-thon?

Thanks, I would always favour daily timeframes as they contain less noise

Amibroker

try tradingview app. But it's better on comuter.

A nice example of reversal and confirmation with an exclamation point is gold usd. We had a double bottom form at 1680 then price went up and failed to break the top at 1915...when it crashed back down it got away and managed to run away all the way down to 1630....however... the low point touched is not the formation of a new lower low, but rather the rejection of the lower levels and the candle finishing at a new higher low only more so confirms the new upwards trend and does so on a much higher time frame. If it wants to whipsaw its way up to the tune of 250 pips...go right ahead. Make my day with that super channel. Thank you very very much if it keeps that up.

Thanks for feedback, will add that to my list

Yes I’d like to see this, or your top 5 indicators to make a good trade!

Amazing video,.please do one for the critical indicators ( if.u use more) under a lower timeframe and what kind of strategies to apply . Thnx so much

Hey Jeramy - haha yes that equity indeed looked promising at first! I'll add the ones you mentioned to my list, interested to see if they're any good

I like the addition of bollinger bands with the RSI. however i noticed on PLTR the ADX can confirm or show false signal of bollinger bands also. very cool to see the bollinger bands and adx get above a certain level to confirm.

Rsi or adx being volatility indicators is news to me

That's totally fine, different markets have different specifics, and a strategy that works in one doesn't necessarily work in another. I don't quite understand why so many people are drawn to FX or intraday timeframes.

I also don’t see the problem with using a long only strategy on the spy which is long biased. It’s not a bad example, it is the best example for this strategy!

@@matsgoodyear3068 that i can see a point in. yes.... true. until it stops working at which point you get the biggest drops that break previous tankage records. I just see much easier alternatives out there.

@@CriticalTrading I used to trade stocks for a good 4-5 years. I then tried Fx and never looked back and there is just WAY more volatility to take advantage of. And much more edge in Fx than stocks. none of that "trade only the first hour" nonsense. Fx can be traded at more times of the day than stocks. Everything about the stock market is meticulously designed to make you fail all the way from the caveats of its "trade the open" nonsense to all the various bs fees u gotta pay. In fx there is literally a commission and an overnight swap fee and that's it. In stocks you got a dozen different ways they milk cash out of you. In fx i dont need to worry about gaps when i wake up. If i have a position that's acting a bit odd... i don't need to make a decision by 4pm worrying about possible morning gaps.... market continues. Market structure in Fx is way more predictable than in stocks. The way Fx behaves and the manipulations are way more repetitive and predictable in terms of liquidity hunting. Overall much more edge in Fx and more choice as to what time frame you can trade it. I have traded on daily swings all the way down to 25tick charts for scalps. been trading for 8 years now.

@@OldSkoolLegend have you tried trading crypto?