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Strategies & Market Trends : TATRADER GIZZARD STUDY--Stocks 12.00 or Less.....

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To: TATRADER who wrote (47)5/5/1998 8:37:00 AM
From: Christopher  Read Replies (1) of 59879
 
Some authors consider ADX at 25 to indicate a strong trend in place.
However, David Lucas and Charles LeBeau have done a lot of work with
ADX and suggest that a reading of 15 is indicative of a trend. They
suggest to use ADX as a filter.

Christopher
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