Hello again,
Hey: I'd HARDLY say I'm more qualified than anyone else on these systems!!! The only thing I'm sure of is that I've probably read the book cover to cover more times than most!!! It does not necessarily mean I'm right!!!
You are correct: at one stage I DID switch to ADX(7) AND ADXR(7) but then switched back to ADX(14) AND ADXR(14). I cannot remember now WHY I switched back but there SHOULD have been a 'reasonable reason' AT THE TIME anyway!!! Having said that: still today (as I draw up my Daily Work Sheet) do I find myself wondering if using seven days instead of fourteen days 'applies more' to todays markets!!! To be honest: I never did do the comparison of ADX(7) AND ADXR(7) as you have just done i.e. at THAT time I'm pretty sure I was using ONLY ADX(7). (I'm confusing myself here)!!!
It's too late for me to have a look now i.e. I need some 'shuteye' but I'll look at this again tomorrow (later today). Put it this way: IF checking BOTH ADX(7) AND ADXR(7) for values above or below 25 occurs more frequently and there is LESS of this 'one being greater than 25 and the other being less than 25' then maybe we're on 'the right track' again here. I'm CERTAIN that ADX(7) 'reacts' MUCH quicker to a change in trend direction (but I think this was the reason I 'switched back' to ADX(14) i.e. I was getting 'whipsawed' by the SIS if I remember correctly!!! Certainly worth a 're-look' though!!!
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