Hi Chris. Thanks. Probably a topic for non-trading hours.
I use the ADX. It's been working for me.
stockcharts.com[e,a]wallyimy[df][pb20][vc60][iud20!ub14!ll14!la12,26,9!lp14,3,3!lc20][J1399089,Y]&listNum=10
On this Nasdaq chart, that sept/oct 2001 period seemed to work, as I use it.
ADX flat or falling, I interpret as Non-trending, and I pay more attention to the oscillators, like Stochastic.
ADX rising, I interpret as Trending, and I pay more attention to the Trend-following indicators, like MACD.
I don't mind sharing, it's non-proprietary. <gg>
And I guarantee, it sometimes works.
Cush |