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Review – ADXcellence – The Ultimate Guide to Mastering the ADX Indicator
By Charles B. Schaap, Jr., D.O.
Are you a serious trader looking to add a powerful, time-tested tool to your technical arsenal? Look no further. ADXcellence: Power Trend Strategies is the definitive guide to understanding and using the Average Directional Index (ADX) – one of the most reliable trend strength indicators available in modern technical analysis.
Unlike generic introductions to indicators, this book delivers a comprehensive and in-depth explanation of the ADX, making it a must-have for anyone serious about technical trading in the stock or futures markets.
What You’ll Learn
This one-of-a-kind trading manual goes far beyond basic chart setups and theory. It provides step-by-step guidance on how to:
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Fully understand the mathematical structure and function of the ADX
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Identify high-probability trading setups using ADX signals
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Time your entries and exits with greater confidence
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Detect and ride strong trends while avoiding market noise
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Apply specific, rule-based trading strategies that have been backtested and refined
Whether you’re a novice trader seeking structure or a seasoned investor looking for an edge, this book offers a clear and actionable roadmap for using ADX effectively.
Why ADX Matters
The ADX indicator, developed by J. Welles Wilder, is one of the most versatile and widely available tools in nearly every charting platform. However, few traders truly understand how to interpret and apply it effectively. In ADXcellence, Dr. Schaap goes far beyond the basics, showing you how to harness the full potential of the ADX to identify powerful price trends and avoid false signals.
About the Author – Charles B. Schaap, Jr., D.O.
Dr. Charles B. Schaap is a rare blend of scientific thinker and market strategist. A native of Northern California’s picturesque Russian River Valley, he grew up the son of two small-town physicians. After 15 years practicing medicine, he transitioned into a full-time career as an equities and futures trader.
Dr. Schaap is the author of two influential books on trading:
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ADXcellence – Power Trend Strategies (2006)
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Invest with Success – Big Profits for Small Investors (2008)
In addition to his writing, he has authored numerous articles in trading and investment publications, hosted educational webinars, and has been a featured speaker at international trading conferences.
Outside the markets, Dr. Schaap is a fan of classic films (especially Casablanca), decadent desserts (hot fudge sundaes), romantic classical music (Rachmaninoff), and traveling the world (he especially loves Umbria, Italy).
A Must-Have Resource for Technical Traders
Whether you’re trading stocks, futures, or ETFs, ADXcellence gives you a solid, no-nonsense approach to trend trading. With precise rules, charts, and expert insights, this book provides the tools you need to make more informed, disciplined, and profitable trades.
Don’t just trade with indicators. Master them.
ADXcellence is the complete ADX trading guide every serious technical analyst should own.
