Average Directional Movement Index (ADX) is a widely-used indicator that is often employed to measure how strong a market trend is. However, ADX is not used to determine whether a market has assumed a bullish or a bearish trend. It is used to assess the strength of a trend using the average expansion in price range values. How does ADX work? ADX determines the strength of … [Read more...] about ADX in Trading Strategy
USD/RUB Rally Persists As Gold Bounce Back Stalls
The Indian rupee is under pressure against the dollar as a surge in new coronavirus infections raises prospects of lockdown restrictions.The euro and British pound remain under pressure against the dollar at the start of the new week as the EUR/GBP bounce back gathers steam.Gold and silver were sliding lower on renewed dollar strength after an impressive performance last … [Read more...] about USD/RUB Rally Persists As Gold Bounce Back Stalls
U.S. Consumer Prices Climb By Most In Over Eight Years
U.S. consumer prices climbed by the most in over eight years in March, according to data released by the Department of Labor. The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.6% in March, after a 0.4% rise recorded in February. The index fell by 0.3% in March 2020.The March month-on-month increase was the largest rise since a 0.6% increase in August … [Read more...] about U.S. Consumer Prices Climb By Most In Over Eight Years
American Stock Futures Slip As Regulators Suspend J&J Vaccine
U.S. stock futures slipped on Tuesday after authorities recommended suspending the Johnson & Johnson vaccine due to reported blood clotting concerns, the WSJ reported. S&P 500 futures slid 0.3% after holding steady in the European morning after the index hovered near its recent record closing high on Monday.Nasdaq 100 futures edged 0.1% lower.The 10-year Treasury … [Read more...] about American Stock Futures Slip As Regulators Suspend J&J Vaccine
Leprechaun Review
There’s a Leprechaun robot published on MQL5 in September 2020. The developer is Aleksei Zaitsev. The last V3.6 was uploaded on September 23, 2020. Detailed Leprechaun Review There’s an extended list of available features: Leprechaun is a system that executes a Grid strategy. The main direction is trading in the trend direction. If the direction of the … [Read more...] about Leprechaun Review
