TRADING FREAKS 95- Wealth Maker

ADX+RSI+8EMA –Indicator Usage

1) For Buy Side

Condition
• DI+ Should Cross DI- (MUST)
• RSI Should Above 50 Line (MUST)
• Price Should Above 8EMA (MUST)
• ADX Line (Range 22 Above) (Note: ADX Line Indicates Strong Trend Either Buy or Sell)

Intraday Time Frame – 30 Min (Fixed)

Positional Swing Trade -1Day

How to Set Target and Stop loss

For Target and Stop loss you should follow 8EMA Line. If Price takes position below 8EMA then take
exit. Simple

8EMA

ADX

RSI
2) For Sell Side

Condition
• DI- Should Cross DI+ (MUST)
• RSI Should Below 50 Line (MUST)
• Price Should Below 8EMA (MUST)
• ADX Line (Range 22 Above) (Note: ADX Line Indicates Strong Trend Either Buy or Sell)

Intraday Time Frame – 30 Min (Fixed)

Positional Swing Trade -1Day

How to Set Target and Stop loss

For Target and Stop loss you should follow 8EMA Line. If Price takes position Above 8EMA then take
exit. Simple

8EMA

ADX

RSI