The ADX Sentiment Momentum strategy is built around ADX Sentiment Momentum.
Signals trigger when its indicators confirms momentum shifts on intraday (5m) data. This makes the method suitable for active traders.
Stops rely on ATR multiples and factors like AdxPeriod, AdxThreshold. Adjust these defaults to balance risk and reward.
Entry Criteria: see implementation for indicator conditions.
Long/Short: Both directions.
Exit Criteria: opposite signal or stop logic.
Stops: Yes, using indicator-based calculations.
Default Values:
AdxPeriod = 14
AdxThreshold = 25m
SentimentPeriod = 5
StopLoss = 2m
CandleType = TimeSpan.FromMinutes(5).TimeFrame()
[*]Filters:
Category: Trend following
Direction: Both
Indicators: multiple indicators
Stops: Yes
Complexity: Intermediate
Timeframe: Intraday (5m)
Seasonality: No
Neural Networks: No
Divergence: No
Risk Level: Medium