Mastering the ADX Indicator

Description

Date & Time: 30-DEC-2023 | 03:00 PM

Introduction

In trading, a simple, robust, disciplined plan becomes an effective trading plan in a volatile market. However, with the plethora of indicators available and new ones being developed, there are the biggest challenges faced by traders regarding which indicators have to be applied and when. This webinar is specifically designed with the intention of simplifying the problem and concentrating on just one indicator, i.e., Average Directional Index (ADX).

ADX is one of the most versatile indicators ever found in the field of technical analysis. Using ADX strategy, you can identify the various market trends, i.e., uptrend, downtrend and consolidation.

In this webinar, you will demystify the three core principles of a Trend: Direction, Strength, and Momentum. Here, our expert, Kunal Bothra, determines the need, the logic, and the application of ADX. He will take you on a journey of bringing insights into some excellent methods to use ADX for your day-to-day trading.

By learning this technique, you will be able to make informed, data-driven decisions when buying/selling/holding in the intraday market. In addition, you will learn how to use this technique effectively and understand proper risk management. This will help you to minimize potential losses and maximize the potential for profitable trades.

This webinar is solely for educational purposes. We are not advising any trading or investment ideas. Therefore, we don’t bear any responsibility for any trading losses you might incur as a result of using this learning/data/indicators/charting platform. Please be fully informed regarding the risks and costs associated with trading the financial markets.

Objective of the Webinar

• To understand the principles and technique of the ADX indicator for intraday and positional trading.
• To learn a profitable strategy (Intraday / Positional) with an excellent risk-reward ratio.
• To understand how ADX can help solve two main problems of every trader, i.e. Finding a Trend and Riding a Trend.
• To understand how to implement ADX strategy with the help of a case study.

What You Will Learn?

• Understand High probability ADX indicator setup.
• Know the exact modalities of using the indicator for Intraday and Positional Trading.
• Learn how to identify the price trends without using the Price Chart.
• Understand the risk-reward positioning.

Speaker

Kunal Bothra

Mr. Kunal Bothra is a highly experienced individual with over 16 years in the trading industry. He is a SEBI registered Research Analyst, technical trader, and trading mentor. He is recognized for his bold and classical timing in navigating the markets and stocks. His expertise extends to being a prominent panelist on daily shows at ET NOW, India’s leading business news channel. Additionally, he has previously featured on various other business channels in different capacities.

In addition to his television appearances, Mr. Kunal is a prolific writer, contributing regularly to newspapers and magazines. Furthermore, he is actively engaged in knowledge-sharing through lectures and seminars conducted nationwide, covering a diverse range of market themes. His comprehensive experience and diversified involvement make him a notable figure in the financial and trading landscape.