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Hey,
Would appreciate if u can add the afl's and a short description about this method.
Also if possible add afl's on ADXR, PDI and MDI
Regards and thanx
Mithil
Rakesh Sahgal <rakeshsahgal@xxxxxxxxx> wrote: The relationshp between the ADX & ADXR and the relationship between ADX and PDI & MDI is in my experience a good way to filter out non-trending issues/markets.
For a market to be trending one of the two conditions have to be met.
1. ADX is greater than ADXR
2. ADX is between PDI & MDI
HTH
Regards
R
On 11/17/06, Wes Smith < wes_zoltran@xxxxxxxxx> wrote: Apologies for the double post .. I had previously posted this under the wrong subject line.
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I am experimenting with various methods in AFL to detect a sideways, choppy market condition and reduce wipsaws.
I've used various methods, such as a 14 period CCI within the +/- 100's, Trend Intensity index, BBand contraction, etc..
But am not 100% happy with the results.
I'd appreciate any insight/ suggestions on how other users have accomplished this.
Thanks in advance,
Wes
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