ADX indicator & trading strategy: The best explanation ever ! | Definedge | Prashant Shah

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  • Опубліковано 17 лис 2024

КОМЕНТАРІ • 79

  • @rchawla111
    @rchawla111 4 місяці тому +1

    The learning session completely justifies the Title 👍 Every learning session of Prashant sir is excellent n clear n crisp 🙏

  • @rupindersingh1312
    @rupindersingh1312 3 місяці тому +1

    I dont know how can i thank you for these videos

  • @golchhagroup5662
    @golchhagroup5662 Рік тому +1

    Thank You very much Mr. Prasahant Shah for the clear illustration on ADX....

    • @Definedge
      @Definedge  Рік тому

      Dear Golchha Group,
      Glad you liked the video. Thank you for your kind words.
      Warm Regards,
      #TeamDefinedge

  • @rockyluvs2
    @rockyluvs2 Рік тому +1

    no other person could have explained this indicator in this simple and effective manner
    thanks Prashant Sir

    • @Definedge
      @Definedge  Рік тому

      Dear Sir,
      Glad you liked the Video. Thank you for your kind words.
      Warm Regards,
      #TeamDefinedge

  • @sanjaysharma-zp3yu
    @sanjaysharma-zp3yu Рік тому +4

    You are superb Boss..... I came to know about you through Money Control.... I am late but lucky to know about you.... Thanks

    • @Definedge
      @Definedge  Рік тому

      Dear Sir,
      Glad you liked the video. Thank you for your kind words.
      Warm Regards,
      #TeamDefinedge

  • @pareshadatia
    @pareshadatia Рік тому +2

    Only admire your knowledge and way of teaching. Thankyou 🎉

    • @Definedge
      @Definedge  Рік тому

      Dear paria,
      Glad you liked the video. Thank you for your kind words.
      Warm Regards,
      #TeamDefinedge

  • @prashantjv1
    @prashantjv1 Рік тому +1

    Your way of explaining tough subjects in simple manner is superb. Thanks for such videos

    • @Definedge
      @Definedge  Рік тому

      Dear Sir,
      Glad you liked the video. Thank you for your kind words.
      Warm Regards,
      #TeamDefinedge

  • @rajuchikhale874
    @rajuchikhale874 Рік тому +1

    Wow.....❤👍Thanks for sharing your knowledge on Technical indicators 🙏🙏

    • @Definedge
      @Definedge  Рік тому

      Dear Sir,
      Thank you for your kind words. Customer service has been our top priority and we are happy we met the mark.
      Warm Regards,
      #TeamDefinedge

  • @rd-tk6js
    @rd-tk6js Рік тому +1

    insightfull, thanks !

    • @Definedge
      @Definedge  Рік тому

      Dear Sir,
      Glad you liked the video. Thank you for your kind words.
      Warm Regards,
      #TeamDefinedge

  • @bathula100
    @bathula100 Рік тому +1

    well explained ... next level of understanding ...

    • @Definedge
      @Definedge  Рік тому

      Dear Sir,
      Thank you for your kind words. Customer service has been our top priority and we are happy we met the mark.
      Warm Regards,
      #TeamDefinedge

  • @sreekumar84610
    @sreekumar84610 9 місяців тому +1

    I am impressed with the informative video. you have covered the fact with the system, and I will slowly shift my trading method and adopt your system.I will quickly shift or open a demat with you and join the course to get an insight. I am a full time trader for two years and I have come across a system with lot of conviction. A big congrats to you and the team.

  • @soonuindia7940
    @soonuindia7940 Рік тому +3

    Dear Prashant
    I had tried to understand ADX earlier with lot of material available on net but with its complex calculations it was never understood, your way of explaining things is simply wonderful. Thanks for your efforts really appreciate it.

    • @Definedge
      @Definedge  Рік тому

      Dear Harpreet Sir,
      Customer service has always been our priority and your support keeps us motivated. Glad you liked the video. Thank you for your kind words.
      Warm Regards,
      #TeamDefinedge

    • @prashantshah3653
      @prashantshah3653 Рік тому

      Hi,
      I am glad you found the video informative. Thanks for your kind words.
      Regards,
      Prashant

  • @vswamy2008
    @vswamy2008 Рік тому +3

    Your way of explaining complex topic in a simple manner is tooooo good. Keep up

    • @prashantshah3653
      @prashantshah3653 Рік тому

      Thank you very much for your kind and encouraging words. Warm Regards, Prashant

  • @bhawanirampatidar1637
    @bhawanirampatidar1637 2 місяці тому

    Very hard work and nice explanation.

    • @Definedge
      @Definedge  2 місяці тому

      Thank you so much! We truly appreciate your kind words.

  • @amiettranggrie1415
    @amiettranggrie1415 Рік тому +5

    ther r vry few mentors in trading community who can explain technical analysis concepts in a 'VERY SIMPLE Yet EFFECTIVE manner' & you are UNDOUBTEDLY one amongst them. Keep it up! really look fwd to yr VDOs.✌👍

    • @Definedge
      @Definedge  Рік тому

      Dear Sir,
      It makes us very happy that you took the time to write us a note. We love our customers & we always strive to provide great service. Glad we met the mark.
      Thank you for your kind words & have a wonderful day!
      Warm Regards,
      #TeamDefinedge

    • @prashantshah3653
      @prashantshah3653 Рік тому

      Thank you very much for your kind and encouraging words.
      Warm Regards,
      Prashant

  • @sachinkarmarkar1682
    @sachinkarmarkar1682 Рік тому

    तुमचे व्हिडिओ पाहून टेक्निकल अनालेसिस कडे पहाण्याचा नवा दृष्टिकोन मिळाला. छान वाटलं. खूप आभारी आहे.

    • @Definedge
      @Definedge  Рік тому +1

      प्रिय सचिनजी,
      तुम्हाला आमचा विडिओ आवडला यासाठी तुमचे आभार !!
      टेकनिकल आणि फन्डामेन्टल एनालिसिस वर नावीन्य पूर्ण आणि उपयुक्त माहिती सादर करण्याचा आमचा सतत प्रयत्न सुरु असतो
      अधिक माहितीसाठी : definedgesecurities.com / care@definedge.com / 020-61923200
      धन्यवाद,
      #TeamDefinedge

  • @spatel7022
    @spatel7022 Рік тому +1

    Wow...sir....very good ...thank you sir...Good effort sir ....hats off you ...sir....❤❤❤

    • @Definedge
      @Definedge  Рік тому

      Dear Sir,
      Thank you for your kind words. Customer service has been our top priority and we are happy we met the mark.
      Warm Regards,
      #TeamDefinedge

  • @noiselesstrader108
    @noiselesstrader108 Рік тому +1

    Super explanation ... You are awesome Prashant bhai

    • @Definedge
      @Definedge  Рік тому

      Dear Sir,
      Thank you for your kind words. Customer service has been our top priority and we are happy we met the mark.
      Warm Regards,
      #TeamDefinedge

    • @prashantshah3653
      @prashantshah3653 Рік тому

      Thank you so much bhai for your kind words.
      Warm Regards.
      Prashant

  • @contactsaurabhsomani
    @contactsaurabhsomani 4 місяці тому

    Thanks a lot sir.

  • @honey1money890
    @honey1money890 Рік тому +2

    Excellent explanation. First time came to know the details. Minor correction required : At ADX explanation : balls are 16 & 6 Not 15 & 5

    • @Definedge
      @Definedge  Рік тому

      Dear honey1money,
      Noted. Glad you liked the video. Thank you for your kind words.
      Warm Regards,
      #TeamDefinedge

    • @prashantshah3653
      @prashantshah3653 Рік тому +1

      Thank you so much. Oh.. flow me ek ball zada ban gaya hoga :-) It should be 5, 15 as explained, not 6, 16.
      Warm Regards.
      Prashant

  • @cyberspider78910
    @cyberspider78910 Місяць тому

    Superb....as it could be seen , ADX indicator is sort of RSI which takes into account volatility as well. DM+ is equal to RS+ and DM- is equal to RS-. This is verified on Tradingview. Since ATR remains in denominator, shape of RS+/- and DM+/- is exactly same as ATR gets cancelled everywhere. Hence ADX is nothing but strength of RSI.

  • @deepakkchabria
    @deepakkchabria Рік тому

    ADX explained in the simplest way possible , even a layman can understand, superb explanation about the formation and properties of ADX +DMI -DMI and also when to apply bullish or bearish strategies/ thank you very much sir

    • @Definedge
      @Definedge  Рік тому

      Dear Sir,
      It makes us very happy that you took the time to write us a note. We love our customers & we always strive to provide great service. Glad we met the mark. Thank you for your kind words & have a wonderful day!
      Warm Regards,
      #TeamDefinedge

    • @prashantshah3653
      @prashantshah3653 Рік тому

      Thank you very much for your kind words. Happy to know you found the video informative.
      Warm Regards.
      Prashant

  • @bixin1164
    @bixin1164 Рік тому +2

    Dear Prashant Shah,
    I am writing this letter to express my sincere appreciation for your recent video on the ADX indicator, which was posted on your UA-cam channel. Your ability to explain complex topics in such a simple and clear manner is truly remarkable, and I believe it is a testament to your exceptional teaching skills.
    The ADX indicator is not an easy concept to understand, and yet you were able to break it down into simple, easy-to-digest pieces that anyone could understand. Your teaching style is engaging, and your passion for the subject matter shines through in your videos.
    What I find most impressive about your teaching is the way you connect with your audience. You have a way of making everyone feel included and valued, and this is a rare quality that not all teachers possess. Your videos are not only informative but also entertaining, and it is evident that you put a lot of effort into preparing and presenting them.
    In addition to your excellent teaching skills, I must also commend you on being a wonderful human being. Your generosity, kindness, and willingness to help others is truly inspiring, and it is evident that you genuinely care about your students' success.
    In conclusion, I would like to thank you for being such a wonderful teacher and for sharing your knowledge and expertise with us. You have made a significant impact on my understanding of the ADX indicator, and I look forward to learning more from you in the future.
    Best regards

    • @prashantshah3653
      @prashantshah3653 Рік тому

      Dear sir,
      Taking the time to express your appreciation in such a sincere manner was very kind of you. Thank you so much for being so generous and for your kind words.
      I am very happy that you found the video informative. Yes, this is a genuine attempt to teach people and make them understand the concepts so that they can use the tools effectively and achieve success.
      The encouragement you provided definitely motivated me to do more of it.
      Warm Regards.
      Prashant

  • @ravindrakamath2510
    @ravindrakamath2510 Рік тому +1

    THANK YOU FOR KNOWLEDGE SHARING.PLEASE GIVE DETAILS HOW TO ENTER AND EXIT TRADE USING PF CHART WITH ANY EXAMPLE IT WILL HELP MORE DON'T THINK IT IS SPOON FEEDING IT WILL HELP TO THINK MORE ON THAT WAY THANK YOU

  • @bixin1164
    @bixin1164 Рік тому +1

    Sir, The ADX is primarily useful for measuring the strength of a trend. The ADX indicator can give false signals during choppy, sideways markets. This is because the ADX is designed to measure the strength of a trend, and if there is no trend, it can give misleading signals. Please take a review where ADX fails.

    • @prashantshah3653
      @prashantshah3653 Рік тому +1

      Yes. Every indicator has favourable and non-favourable trends. It is nice that you know the non-favourable phase of the ADX indicator because of the concept used in the indicator.
      Usually, ADX line (strength line) will not rise during choppy sessions. You can use price action or other strategies to handle choppy markets. You can also handle it with noiseless charts like P&F and Renko.
      Regards,
      Prashant

  • @iftikharimdadborah6455
    @iftikharimdadborah6455 Рік тому +1

    Prasant sir you are really a gem... Please keep educating us..
    Sir please make a video of total package with renko, heikin ashi, option strategies and your favorite indicator which you use in your trade.. Thank you sir

    • @prashantshah3653
      @prashantshah3653 Рік тому +1

      Thank you very much for your kind and encouraging words. Your suggestions are noted. I'll also make a video about my favorite trade setups.
      Warm Regards,
      Prashant

  • @harikamaldhall7049
    @harikamaldhall7049 Рік тому +2

    Prashant Sir ...Really loved the way you had explained......If one understands the logic behind the indicator one can relate more with that and can use it as a supplementary tool along with price action rather than blindly following up just the indicator based strategy .....I would like to request for a video on Super Trend Indicator and on parabolic SAR .

    • @prashantshah3653
      @prashantshah3653 Рік тому +1

      Thank you very much for your kind and encouraging words. Yes, understanding logic helps create better trading strategies. Your suggestions are noted.
      Warm Regards, Prashant

  • @arunavaseal2000
    @arunavaseal2000 7 місяців тому

    Superb Sir

    • @Definedge
      @Definedge  7 місяців тому

      Dear sir/madam,
      Thank you for your kind words and appreciation.
      Best Regards,
      Team Definedge

  • @netajikiclass
    @netajikiclass Рік тому +1

    ADX ka pura निचोड़।❤❤❤❤❤

  • @ranadip123
    @ranadip123 Рік тому

    Great video 👍, please show some strategy using ADX combining price patterns and/or other indicators.

    • @Definedge
      @Definedge  Рік тому

      Dear Sir,
      We have noted your suggestion. Glad you liked the Video. Thank you for your kind words.
      Warm Regards,
      #TeamDefinedge

  • @Dhavaljoshi30
    @Dhavaljoshi30 Рік тому +2

    👌👌👌👍👍👍👍

  • @sumitbajaj2411
    @sumitbajaj2411 Рік тому +1

    #ask definedge Prashant sir kindly explain the benefits of tick chart over 1 minute charts

    • @Definedge
      @Definedge  Рік тому

      Dear Sir,
      Thank you for showing interest. We have noted your suggestion.
      Warm Regards,
      #TeamDefinedge

    • @prashantshah3653
      @prashantshah3653 Рік тому

      Very soon. It is extremely effective to use tick charts.
      Regards,
      Prashant

  • @sureshkumarrawlani5913
    @sureshkumarrawlani5913 Рік тому +1

    can we use the same concept on renko and what should be time frame and box size for intra day and positional trade after we have created a universe of stock in ohlc or point and figure

    • @prashantshah3653
      @prashantshah3653 Рік тому +1

      Yes, you can use it on Renko as well. Try it on one-minute timeframe and 0.25% brick size on intraday for stocks. Daily timeframe and 1% brick size on EOD timeframe for positional trades (Goes well on midcaps).
      Regards,
      Prashant

  • @bixin1164
    @bixin1164 Рік тому +1

    Traders should use it in conjunction with other technical analysis tools to make informed trading decisions. What are other tools you think are best which will enhance ADX

  • @surajsulane2772
    @surajsulane2772 Рік тому +1

    Vwap and super trend sir

    • @Definedge
      @Definedge  Рік тому

      Dear Sir,
      Thank you for showing interest. We have noted your suggestion.
      Warm Regards,
      #TeamDefinedge

  • @bixin1164
    @bixin1164 Рік тому +1

    Traders can adjust the ADX settings to fit their trading strategies and preferences. For example, they may use a shorter period for day trading and a longer period for swing trading. They may also use different smoothing methods to obtain smoother or more responsive ADX values. What is the best setting of ADX indicator for day trading?

    • @prashantshah3653
      @prashantshah3653 Рік тому +1

      You are right, the ADX period can be adjusted based on your style and type of trading. 14 is effective and widely followed. You can also try 5 or 8. Alternatively, change the timeframe. I prefer it on noiseless charts.
      Regards,
      Prashant

  • @neutral1980
    @neutral1980 Рік тому

    its me or my head its about to BLOW UP!! wow

    • @Definedge
      @Definedge  Рік тому

      Dear neutral1980,
      Glad you liked the video. Thank you for your kind words.
      Warm Regards,
      #TeamDefinedge

  • @sayedakhtar-q8q
    @sayedakhtar-q8q 3 місяці тому

    sir iska strategey batao yeh hamare liye kaise profitable ho sakta hai?

  • @aarishsiddiqui87
    @aarishsiddiqui87 Рік тому +1

    Can we get 1 to 30 second timeframe of all the charts in tradepoint.

    • @Definedge
      @Definedge  Рік тому

      Dear Sir,
      Thank you for showing interest. We have noted your suggestion.
      Warm Regards,
      #TeamDefinedge

  • @sureshkumarrawlani5913
    @sureshkumarrawlani5913 Рік тому +1

    can we add pmox indicator for confirmation only?

    • @prashantshah3653
      @prashantshah3653 Рік тому

      Yes, you can. PMOX is a very sensible indicator.
      Regards,
      Prashant

  • @manojnadar3536
    @manojnadar3536 Рік тому

    Hello sir can u teach ROC indicator? Thanks in advance😊

    • @Definedge
      @Definedge  Рік тому

      Dear Sir,
      We have noted your suggestion.
      Warm Regards,
      #TeamDefinedge

  • @dipakgadhiya2584
    @dipakgadhiya2584 Рік тому +1

    MACD