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Yes it is set up as an indicator in my Omega and CQG provides it in
their toolbar
> -----Original Message-----
> From: Philip Schmitz [SMTP:pschmi02@xxxxxxxxxxx]
> Sent: Tuesday, May 12, 1998 10:53 AM
> To: MitchT@xxxxxxx
> Subject: Re: dmi diff
>
> Not entirely sure I understand. When I think
> OB/OS I think of an indicator oscillating between
> two extremes. Are you saying you've got +DI minus
> -DI set up that way? Or have you simply plotted
> the difference as a line? Sorry to be slow.
>
> Philip
>
> Tullman, Mitch wrote:
>
> > I use dmi diff (di+-di-) as an indicator of
> > overbot /oversold.(like bol
> > bands)
> > check it out.
> >
> > mitch
> > xxxxx
> > xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx
> >
> > xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx
> >
> > 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
> > fundamental
> > measures.
> > Neal
> >
> > ----------
> > > From: Candlestyk <Candlestyk@xxxxxxx>
> > > The problem with ADX as you pointed out is
> > that by the time ADX
> > regisers
> > a
> > > strong trend, a good part of the move may be
> > over. As a sector
> > bottoms, the
> > > ADX is probably pretty low, since prices are
> > going sideways. For an
> > early
> > > warning, you might try a ratio of ADX today/
> > ADX avg. for (n) days.
> > A very
> > > low number may be a warning of a change in
> > trend coming.
> > >
> > > Let me know if you have suggestions.
>
>
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