Micro Futures Formula Elite – Simpler Trading Jack Roberts

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 normally had as a separate set of indicators and puts that information directly on your charts so decision making becomes simple.

The 10X Bars works as a nice complement to any strategy 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 VSense further strengthens the signal because, as John Carter says, “Momentum + volume is magic.”
Here’s Just Some of What 10X Bars Can Do…The 10X bars will plot green, yellow, or red based on the underlying calculation of the ADX and DMI indicators.

Green bars indicate conviction and trend to the upside.

Red bars indicate conviction and trend to the downside.

Yellow bars indicate no strong directional conviction.

Bars that show a dot indicate 30% above average volume on that time frame, indicating stronger conviction to the trend.

For yellow bars, we want to either avoid those setups or trade them in a non-directional manner until directional conviction is established.

We want to trade in the direction of the 10X Bars as that gives us the best probability of success in a trade.
If you want to add the awesome power of John Carter’s 10X Bars to your toolbox, take advantage of the Elite Package today.