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NAS100 - Short by Supertrend, Pivot & ADX 7/4/2022

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FX:NAS100   US 100 Cash CFD
1. HIGH/LOW PIVOT:
- Pivot Left: 10
- Pivot Right: 10
- Long trend identification: Higher High occurs after Higher Low.
- Short trend identification: Lower Low occurs after Lower High.

2. ADX INDICATOR: 1h & 4h timeframe have a strong strength for open trade.
- ADX smoothing: 14.
- DI length: 14.
- ADX STRONG > 20.

3. SUPERTREND INDICATOR:
- Long trend when closes candle is above the green line.
- Short trend when closes candle is below the red line.

4. OPEN POSITION RULE:
- BUY/LONG: reject to Supertrend at current timeframe.
- SELL/SHORT: reject to Supertrend at current timeframe.

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