John from Durban
Sorry , here is pic ,
This thread is to quiet - the Adx and Atr are so importent in trading but I
am still not getting there.
I am not an EA man but would like to understand coding.
In your opinion - the ADX does it function on any time frame or is the
lower time frames more effective?
Greetings from Durban and
many pips to all
John
Thank for your helpful replies. I started with a small micro account but I think my problem is that I am to much of an hurry to get a thing going.
As an operation man on our Pipelines for many years, it was always a do and do it now thing, sometimes when you give thoughs to your ways of operation you realise, Hey Boet you should have gone that way.
Keep well and many pips to all of you!
John from Durban
There are two very important components of adx viz +DI and -DI
These components are the buy or sell signals
When the +DI crosses -DI, it is a buy trade. Watch your adx line to see the strenght of the trend by reading the position of it.
On the same hand if -DI is above +DI, it is a sell trade. Instead of looking at the adx all the time, I attach the adx crosses indicator with the 14 period default. Please use it as it works very well in all TFs and preferably 1H.
As soon as the +DI and -DI crosses each to signal buy or sell, an arrow will appear....
do you or anybody else has this indicator with an alert?? thanks
