| chetron 2,817 posts
 msg #87943
 - Ignore chetron
 modified
 | 2/8/2010 7:22:54 AM 
 doesn't get any simpler.....
 
 
 
 
 does this help??????????
 
 
 
 
 
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| Kevin_in_GA 4,599 posts
 msg #87946
 - Ignore Kevin_in_GA
 | 2/8/2010 8:54:10 AM 
 It needs to - basic level subscribers can't use this one.
 
 
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| chetron 2,817 posts
 msg #87949
 - Ignore chetron
 | 2/8/2010 9:19:30 AM 
 thanx kev, updated = )
 
 
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| Mactheriverrat 3,173 posts
 msg #87976
 - Ignore Mactheriverrat
 | 2/8/2010 5:40:09 PM 
 i have basic and it worked for me
 
 
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| Eman93 4,750 posts
 msg #88272
 - Ignore Eman93
 modified
 | 2/14/2010 1:36:30 PM 
 Revised: again---
 
 I think what you want to look for is when the ADX line is well above both DI lines... this sets up for larger moves.
 
 Some people like to be bullish above EMA 50 or EMA 100
 
 
 
 
 
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| Eman93 4,750 posts
 msg #88273
 - Ignore Eman93
 modified
 | 2/14/2010 2:13:35 PM 
 still working
 
 
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| Eman93 4,750 posts
 msg #88274
 - Ignore Eman93
 modified
 | 2/14/2010 3:39:47 PM 
 No take a look at CSCO on June and July see the diffrence in the ADX
 
 
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| Eman93 4,750 posts
 msg #88278
 - Ignore Eman93
 modified
 | 2/14/2010 10:26:23 PM 
 where is the wick?
 
 
  
 
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| Eman93 4,750 posts
 msg #88279
 - Ignore Eman93
 | 2/14/2010 10:38:15 PM 
 Formula
 ADX = modify moving average of DX
 
 DX = 100 x ( (+DI - -DI)/( +DI + -DI) )
 
 +DI = +DMn / TRn , -DI = -DM / TRn
 
 +DM = Ht - Ht-1 , -DM = Lt - Lt-1
 
 CL = Ct - Ct-1
 
 TR = largest of +DM,-DM ,and CL
 
 where :
 
 +DI = current positive directional index
 
 -DI = current negative directional index
 
 +DMn = current modified moving average of +DM
 
 +DM = current positive directional movement value
 
 Ht = current hign
 
 Ht-1 = previous high
 
 Lt = current low
 
 Lt-1 = previous low
 
 -DMn = current modified moving average of -DM
 
 -DM = current negative directional movement value
 
 TRn = current modified modified moving average of the true range
 
 TR = true range
 
 n = number of periods
 
 DX = current DX
 
 reference from : J.Welles Wilder
 
 Trading Strategy
 A move below 40 from above indicates that the trend is slowing. Since most option strategies rely on large price movements in short timeframes, a slowing trend is bad. Therefore an ADX move below 40 would indicate that it is time to close positions.
 
 Conversely, an ADX indicator move above 20 from below indicates that the sideways trading is over, and a new trend is developing. This would indicate that it is time to make a move, either bullish or bearish.
 
 Also, signals can be obtained by looking at where the positive directional index +DI (green) and negative directional index -DI (red) lines cross each other. When the +DI crosses above the -DI from below, it is a bullish signal, such as in early February. Whe
 
 
 
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| chetron 2,817 posts
 msg #88284
 - Ignore chetron
 modified
 | 2/15/2010 8:55:53 AM 
 maybe, but i don't think so...
 
 ADX = modify moving average of DX
 DX = 100 x ( (+DI - -DI)/( +DI + -DI) )
 +DI = +DMn / TRn , -DI = -DM / TRn
 +DM = Ht - Ht-1 , -DM = Lt - Lt-1
 CL = Ct - Ct-1
 TR = largest of +DM,-DM ,and CL
 
 where :
 
 +DI = current positive directional index
 -DI = current negative directional index
 +DMn = current modified moving average of +DM
 +DM = current positive directional movement value
 Ht = current hign
 Ht-1 = previous high
 Lt = current low
 Lt-1 = previous low
 -DMn = current modified moving average of -DM
 -DM = current negative directional movement value
 TRn = current modified modified moving average of the true range
 TR = true range
 n = number of periods
 DX = current DX
 
 
 
 
 
 
 
 
 
 
 
 
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