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Ah, yes. That nagging question of how to get on
board just a little bit earlier! Especially in
situations where ADX can be painfully slow, as
Brent pointed out a while back.
> A simple yet elegant way to measure trendiness
> is to take the difference
> between DM+ and DM-. Its responsiveness is much
> improved over ADX. We
> sometimes forget that ADX is a derivative of
> more fundamental market
> measurements and that other solutions are
> possible using these same
Do you just eyeball it? or use the simple DI
(pretty frenetic)? One could even slap an ROC on
the difference, I suppose.
Also, has it been your observation that once ADX
does get moving, contractions in the difference
between +DI and -DI might be good places to either
add on or take money off the table - depending on
your expectations?
Philip
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