5) RSI, ADX with Parabolic SAR
The three where developed by J Welles Wilder, using RSI, ADX and Parabolic SAR for average 14 days will show great signals in entering the orders & closing them.
Signal to buy:
1- When RSI cross 30 level and rising up
2- SAR dots below the price chart
3- DI+ over DI-, ADX line cross 20 level, ADX and DI+ rising and DI- falling.
Exit when SAR dots make a cross with the price chart & ADX moving below 30 from above while above +DI and –DI
Signal to sell:
1- When RSI cross 70 level & falling down
2- SAR dots over the price chart
3- ADX line cross 20 levels and rising where DI+ falling and DI- rising.
Exit when SAR dots make a cross with price chart & ADX moving below 30 from above
& above +DI and –DI
more information .........
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