Hi
While ADX is wonderful "trading system" by itself, there is lot of confusion about it. First confusion is about its level - whether it should be 20 or 35 or 30 or 40. Second confusion is about the period taken for ADX calculation - should it be 7,8, 14, 20 or 28. Third, how to use it for entry and exit. I have spent countless hours on this wonderful trading system and derived certain rules. But before influencing the forum and imposing my ADX trading rules, I would like to hear about your findings. PLEASE APPRECIATE that ADX-DMI TRADING SYSTEM IS VERY VERY WONDERFUL STANDALONE SYSTEM. IF YOU HAVE MASTERED IT, YOU NEED NOT SEARCH FOR ANY SYSTEM INCLUDING, RMO, KWICKPOP, ATM-RMO etc.
GG Shah