Question: what is adx and rsi?
Answer: The “ADX 50” trend trading strategy uses an RSI (Relative Strength Index) indicator signal for this task. ... In a downtrend, new sell positions should be entered only when ADX reads over 50 and RSI closes below 30 (oversold). Conversely buy positions will be initiates when ADX reads over 50 and RSI closes above 70.