Thread: ADX Candles
View Single Post
  #4 (permalink)  
Old 11-14-2008, 10:42 AM
scalper03 scalper03 is offline
Member
 
Join Date: Aug 2008
Posts: 33
scalper03 is on a distinguished road
Quote:
Originally Posted by cja View Post
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.
Thank you!
Reply With Quote