Simplier Tradeing – s - The 10x Bars Indicator for Thinkorswim

The 10x Bars Indicator is used as a way to quickly understand the trend quality and strength based on a more complex underlying calculation of the ADX and DMI. The 10X Bars takes the calculation that we would have to normally had as a separate set of indicators and puts that information directly on your charts so the decision-making becomes simple.

The 10X Bars works as a nice complement to the Squeeze as they can serve as confirmation to stay in a trending chart or as an early sign to GTFO (Get The Funds Out).

Combining the information from 10X Bars with volume further strengthens the signal because, as says,
“Momentum + volume is magic.”

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