[Environmental Awareness & Verification] August 22nd: Validating daily MTF with ADXDX and Oshime + Hiss DX2
Shirou here!
The daily chart verification series is the fourth one, isn’t it?
This time as well
ADXDX and Osimme + Histgram DX2 daily environment recognition verification
I tried it and would like to share it.
Method ① ADXDX + ABUDMI
This verification method is
- ADXDX second line (one line confirmed)
- The second thick ABUDMI line while ADXDX is lit
.
Verification results
Basically, there are few currencies that match, since it’s either the second ADXDX line or the second thick ABUDMI line that’s lit.
This time there are three.
Two of them matched.
As expectedthe accuracy is high.
GBPUSD was tested as a rebound from resistance of ADXDX + ABUDMI, so I judged it to have high edge, but it didn’t work out.
Daily GBPUSD
ADXDX seemed to disappear partway through.
Daily Oscillator Lime + Daily Histgram DX2 Lime
Next, both the daily Oscillator and the daily Histgram DX2 will be Lime.
I noted the points that matched in real-time candlesticks and wrote the results.
There are indeed many currencies that can be targeted.
Currency horizontal meaning in English
Daily resistance/support (D = Daily, W = Weekly, Ref = in rebound)
This time, unlike before, many targets were close to resistance or in reboundand as a result more than half tended to move against the prediction.
NZDCHF is aiming for a short, leaning toward short, but since it’s rebounding from a horizontal line, caution is required.
NZDCHF rising rebound from daily support
That’s all for this article.
As before
- ADXDX or the first thick DMI line while ADXDX is lit
- Few currencies to target but high accuracy
- Daily Oscis Lime + Histgram DX2 Lime
- Many currencies to target, but accuracy is slightly reduced with just this
However, in either casethere are many patterns where a reversal occurs with candlesticks that resemble a cross.
For example, when aiming for an up move, if the daily result is a descending candlestick but forms a cross-like shape, you can still target buying on dips or selling on rallies.
In other words, environment recognition can be considered correct.