PDI Archives - AlgoJi

AFL RSI Divergence Trading System & Indicator

Step 1: The Trading Idea Buy when RSI shows a positive divergence with strong momentum Step 2: Selecting Indicators for Divergence Trading System A divergence is one of the most important concepts for finding trend reversals. Since the market goes up in price swings,...

Aroon Indicator AFL Trading System

Step 1: The Trading Idea We try to buy when a) prices move upwards fast b) prices move downward fast. Usually the change in prices is compared to change in time. But now we try to compare the change in time with respect to change in price. Step 2: Selecting Indicators...

Amibroker ADX AFL

Step 1: The Trading Idea We try to buy when a) trend is strong b) exit when trend is weak. Step 2: Selecting Indicators for ADX AFL Trading System The ADX is perhaps the most popular trend detection indicator, developed by Welles Wilder.  The Plus Directional Index...