When trading: "Empty your mind, be formless. Shapeless, like water."
Code for "if ADX (-1) < ADX (-2)" 18 replies
Looking for Super ADX/Power ADX 1 reply
Stupid problem - object not at exact level. 5 replies
request EA for auto close position at exact time ? 8 replies
Exact Defination of Double Tops/Bottoms 6 replies
DislikedYou use short period for DMI+/-, then, ADX will fast. DMI+ and DMI- cross over is a lag signal, but, a good signal of momentum/sentiment shift. ADX is produced by ma, so, always lagged. But, ADX is used as trend strength indicator. so, lag is not big issue. ADX is not good signal for a trend beginning. ADX is a good signal for a trend end. It is a leading signal. No lag at all. All depend on how you use ADX.Ignored