DMI/ADX
blue is Bull momentum
yellow is Bear momentum
gray line is trending line
dotted is TREND LINE
idea:
look for two lines to be above the dotted TREND LINE
bullish = Bull momentum + Trending Line
bearish = Bear Momentum + Trending Line
when all three are converged or when Tending Line is below dotted its CHOP
Blue flashes when BULL momentum is growing
Yellow flashes when BEAR momentum is growing
NOTE: FOR PA TO MOVE WE DONT ALWAYS NEED 2 LINES ABOVE 1 BELOW
a secondary trade idea is simply on cross over .
when Trending line + one of the momentum lines crosses over the 3rd line (secondary momentum) this can also be seem as trend confirmation.
with that said the strongest and safest set ups are still when 2 is above the TRENDING LINE and 1 below