“ADXcellence: Power Trend Strategies” by Dr. Charles B. Schaap is a specialized guide for traders looking to master the Average Directional Index (ADX) — one of the most powerful and underutilized indicators for identifying, entering, and managing trend trades.
In this comprehensive book, Dr. Schaap breaks down the core principles of ADX and translates technical complexity into a structured, rule-based strategy. You’ll discover how to interpret the ADX, DI+, DI–, and ADX slope to determine trend strength, entry signals, continuation setups, and exit points.
More than just theory, ADXcellence provides real chart examples across multiple asset classes — including stocks, ETFs, futures, and forex — with clear step-by-step visuals. You’ll also learn how to use trend qualifiers, ADX peak formations, ADX double dips, and ADX cycles to time market momentum with precision.
Whether you’re trend-following or swing trading, this book gives you the structure to trade with confidence and consistency — especially during trending phases when the market rewards discipline the most.
✅ What You’ll Learn:
- How to accurately read and apply the ADX indicator
- The meaning of DI+, DI–, and ADX slope in trend strength analysis
- Entry setups for trend initiation, trend continuation, and pullbacks
- The “Double Dip” and “ADX Cycle” strategy for swing trading
- How to use ADX peaks and drops to detect trend exhaustion
- Tools for identifying false breakouts and no-trade zones
- How to build a trend-following system around ADX principles
💡 Key Benefits:
- Gives traders a complete ADX-based trading model
- Improves trend identification and signal confirmation
- Applies across all timeframes and markets
- Offers clear trading rules and chart-based examples
- Helps avoid overtrading in low-probability conditions
👤 Who This Book Is For:
- Trend traders seeking a precise and systematic edge
- Swing traders looking to improve timing in trending markets
- Technical analysts who want to go beyond common indicators
- Traders aiming to structure a mechanical or semi-mechanical system
- Students of Wilder’s indicators (ADX, RSI) ready to go deeper
📚 Table of Contents:
- Introduction to ADX
- Directional Movement System Explained
- The Four Phases of ADX Behavior
- ADX Trend Qualification
- ADX Peak and Trough Analysis
- Double Dip Entries and Reentries
- Managing Trades with ADX Readings
- Avoiding Low-Probability Conditions
- Multi-Timeframe Trend Confirmation
- Real-World Case Studies and Applications
- Trading System Development
- Summary and Final Notes