PureBytes Links
Trading Reference Links
|
You can very,very closely relpicate PTI by using ADX on a higher time
frame.
================
Can you explain this with a simple example. >>
====================
If the ADX on a time "n" periods higher then you are looking at is above 35,
then do you think the trend is likely to continue, even though your shorter
time is experiencing a reaction? The answer is, in most cases, yes. Now
coincidentally if PTI is above 35 then the trend is likely to continue as
well! You fill the rest in, including finding about how high "n" should be.
But start around 10 and optimize from there.
|