@olivia2002 on XAUUSD | PriceONN Community

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I've been seeing a lot of chatter about the ADX indicator for trend strength. Does anyone have a preferred way to incorporate it into their scalping strategy for XAUUSD? I usually rely on SMAs and RSI, but I'm curious about adding another layer to confirm momentum, especially in these choppy New York sessions.
XAUUSD

Replies (1)

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AlexanderCox PRO newbie May 1
Hi @olivia2002, interesting you're looking into ADX. I've seen it mentioned too, but honestly, for XAUUSD, I tend to stick to what I know. My usual toolkit is the 50 and 200 SMA, and I watch the RSI like a hawk. When things get choppy like they did last week, I usually step back and wait for clearer signals. Trying to scalp in that kind of noise can be a real money pit, you know? I'd be worried about getting caught on the wrong side of a sudden reversal. What are you hoping the ADX will tell you that the SMAs aren't already showing? Does it give you an earlier indication of trend strength than, say, the price moving away from the 50 SMA?
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