Thread: ADX Candles
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Old 11-14-2008, 10:05 AM
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Colors

Quote:
Originally Posted by ServerUang View Post
I'm always love with all indicator made by you. Many Thanks CJA.
May I question ?
Are the dark colors that mean ranging condition ?

Or the dark colors are trending condition ?

ServerUang
Option #1 the dark colors show a lack of strength gernerally price consoidation - generally a move is not considered to have any strength until the Main ADX line crosses a 20 level. I think this would be considered to be the standard method of use for the ADX

Option #2 This only has 2 colors Red for below the Signal Level and Lime for above - in this case Lime shows a strong move either UP or DOWN Red shows weakness

Option #3 This only uses the PLUSDI / MINUSDI levels and shows Red for a cross DOWN and Lime for a cross UP.
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Last edited by cja; 11-14-2008 at 10:11 AM. Reason: Fixing mistake
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