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Bando57@xxxxxxx wrote:
>
> Hi
>
> I dont see the indicator as a day trade type thing..its definitely for trend
> trading only...
>
> it could work out you are only in the trade one day...two days...but i think
> what this indicator is for is looking to get aboard a good solid trend
> move...and ride it....
>
> Thats why i think its important to look at the ADX along with the DMI + and
> DMI - crossovers....ADX has to indicate the trend is strong...
>
> if you incorporate the ADX as well this will eliminate a lot of whipsaw
> situations...
>
> Rick
I have found using the spread between the DMI+ and DMI- to be
interesting.. along with a 5 bar expo ma for the crossover..
don
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