New to the group here... Wanted to ask how some of you are using the ADX indicator:
TITLE: ADX System
{ Excellent for entering a position }
{+1 if up trend -1 if downtrend }
if(PDI(14)-MDI(14)>0,1,-1);
Anyone using this currently and if so could you give some insights on how this can be used effeciently?
Thank you,
Darren