20 Day Momentum and ADX

Hi All,

I just learn from Courtney that though you can enter the trade for 20 Day momentum once the close breaks the 20 Day close, he prefers to look at ADX Filter for all trend techniques like 20 Day Momentum.

Meaning, ADX must be higher than the previous day before he takes the trade. I would say because ADX measures the trendiness of the bull or bear, hence it makes sense for us to see ADX :)

Change! :) Everyone please take note ok? Remember as what Courtney have taught us on the first day, we are finding reasons NOT to trade rather than finding reasons to trade :)

Your Friend,
Max Tay