I am not sure that I 100% agree,
On Page 47, in the paragraph that starts, "As a rule of thumb...." I believe Wilder is fairly clear stating that he DOES use the ADXR by itself to determine which system he should use.
Furthermore to that... On Page 111 in the paragraph starting with "For this reason..." he is clear that the ADXR index is primary for trend-following systems.
My understanding is that using the CSI index to rate pairs/commodities to trade will provide the best profit scenario where as the ADXR index provides trading the systems at reduced risk..
Anyone agree....?
Here is something interesting to note...
On Page 48, in the paragraph starting with "Another interesting thing is..." IF we should stop trading when the ADX is below DI+/- why is Wilder opening a position on DMI Chart (page 49) between June 20th, and July 13th, even though the ADX is below the DI+/- lines..... Does that make sense?
Regards,
M.
Last edited by sirkeen; 06-17-2008 at 03:41 PM.
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