Developing a system #21 (ADX at 25, 50 & 75)
Submitted by User on January 19, 2010 - 12:06.
Strategy by dean Miskovich
Hi, All!
Maybe you have noticed this but I felt I might alert you to a phenomenon I noticed using the ADX indicator.
If you set up an ADX indicator window with the following parameters you will see the event happen:
Read entire post >>>
The lines should be drawn on ADX indicator.
My screen shot example attached.
can someone give a snapshot of how and where on we should draw lines as said on 25,50 n 75 as there r a lot of 25 50 75 on a chart.
Thanks
KH, not sure what you mean.
14 stands for 14-period ADX. When you want to add an indicator, you have to specify what period it'll use. By default it's 14.
Thomas
ADX 14, what does it means & function of 14 ?
Best rgds,
KH
What's the relationship between the three adx?
read the book ian cobsey /integrated technical analysis (wiley trading advantage); he explaines how to use .I bought my book at Amazone
Ottima idea da valutare il livello alto nel time-frame 4h. Noto molti break confermati....complimenti!!!!
Unfortunately, I don't know where the second parameters coming from, possibly it is the value for +-DI.
Hopefully we can hear from the author.
Best regards,
Edward
ok. i am not using meta trader. so what is 14,9. is that two adx one with 14 and another at 9. What do you mean?
thansk
Hi dean Miskovich,
thank you for sharing your idea.
These are the key points for ADX, therefore around them we should see some distinctive activity.
I've recently stumbled upon a custom ADX indicator, which provides some additional visual guidance.
Hopefully, it could be of some help to you.
Advanced_ADX.mq4
Best regards,
Edward
Post new comment