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ADX ADJUSTABLE SCANNER for Amibroker (AFL)

5 / 5 (Votes 3)

This can be used for determining the trend of all the stocks present in the watch list by providing with the custom parameters like adx value (20,25,30,40,….) of the under lying stock in the required time frames.

Best settings are adx>30 with [parabolic sar] indicating buy side on daily time frame and also can be used on hourly charts also and works good on commodities.

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