The average directional Index or ADX, is an indicator that is use to determine the strength of a prevailing trend. The ADX is measured on a scale from zero 100 with a series of lines…
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{ 25 comments… read them below or add one }
I suppose some people have to learn this the hard way… spending money buying countless robots, depleting trading accounts, etc…
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whts the time frame to be used for a day trader????
nice info..could you please tell the setting value of the graph??
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David
Clearly above average and fits well with existing and successful plan of mine.
i find indicators are a waste of time in trading. They are lagging and at the very best a distraction.
fxscalpingmethod(dot)com
it makes me pay attention
this guy sounds like the teacher from Southpark. nOK nnnOK nnnnnOK nnOK nnnnOK
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I highly recommend.
thanks
wao, finally someone explaining and not selling shit
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Does anyone know softwares that allow users to input their own data in txt format. I only know of one, metastock, but the costs are outrageously steep. Any help is appreciated.
100% correct.
The problem is, you get so many false indicators that if you trade the system you lose more on them than any trend move like that in the video.
whats the settings for the -DMI and the +DMI
This looks good on the chart, but if you program the rules and test them, this method will not make any money.
Very nicely done. A favorite
Yes
Does it work?
I’ve developed an EA just recently that uses the ADX indicator.
Simply Beautiful!!!
very helpful vid. Thanks
Thanks a lot, man. This video was really helpful, the best I’ve seen about ADX till now. Since you have bigger experience with this indicator can you suggest what it can be combined with… I mean what oscillator is better to use?
very nice !!