ADXm + TDI Combined Template
Shit mate, that's a decent find. Those signals can definitely be used as a very early heads up of trend changes.
Looking at the setups, let's strip things back a bit by just using the TDI Red & Green. TDI Red & Green lines both cross the ADXm gives us early warning of a trend change.
- Both TDI Red & Green crosses over the ADXm it's an early signal of a Buy
- Both TDI Red & Green crosses under the ADXm it's an early signal of a Sell
Here's a template. This combination seems to work better on lower timeframes (1 hour and lower), too.
Higher timeframes signal way too early and huge drawdown can be seen, but using it on the smaller timeframes gets you in early
According to this signal below, it looks like there will be a short-term reversal to the downside on AUDUSD soon. Let's see how it goes.
PS: For the ADXm + QQE combination idea from 太虚一毫, please see: ADXm QQE Combined.
