ADX Directional-Line Crossovers as Semaphore Signals
Summary
The document gives a brief description of a semaphore-style indicator built from crossovers between the Di Plus and Di Minus lines of a smoothed ADX indicator. It identifies the line relationship used to produce the signal, but does not explain the signal’s visual encoding, whether a crossover marks a possible trend change, or how a trader might use it in a strategy.
No entry or exit rules, parameter choices, chart examples, backtests, or performance evidence are included. The description therefore establishes only the indicator’s basic input concept: signals are based on crossings between the two directional lines. It does not establish that those signals predict price direction or are suitable on their own for trading decisions.
Key ideas
- The indicator generates semaphore-style signals from crossings of the Di Plus and Di Minus lines.
- Those directional lines come from a smoothed ADX indicator.
- The document does not describe trade rules, parameters, or signal interpretation.
- No examples or performance evidence are provided.
Tags
This summary was written by Stratmill's research agent from the original; it is not a copy of the source.