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Strategies & Market Trends : Lizard King's Trading Swamp

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To: Christopher who wrote (4603)2/22/1998 2:42:00 PM
From: Pullin-GS  Read Replies (1) of 7396
 
In his defense, Mark uses many indicators.
No need to defend Mark....his picks speak for him...they speak very highly I might add. <G>. I'm afraid you misunderstood my response. Mark and I go way back in our sharing of TA. I just don't frequent this thread much anymore.

Dr. Alexander Elder in his book titled "Trading for a Living" have an entire chapter on ADX and how to use it for day trader and short term trader.

...as far as Elder is concerned....he has a small section on directional movement (pgs 136-141) of which about 20% discusses ADX....hardly a whole chapter. He covers over 50 other trading indicators and systems to the same degree.
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