ADX indicator settings , pls. advise..
Hi,
Can somebody pls. tell me if the ADX settings that i've applied to Alpari MT4 chart for 15 min. GBPJPY (Attachment - Alpari ADX) is 'correct' in relation to the sample chart (Attachment - sample ADX) ?
My ADX lines seem to be more erratic than the sample chart.
I've set my to 14 periods & applied to 'CLOSE'.
I want my ADX lines to look very similar to sample chart.
As you know the Directional Movement Index is composed of ADX (avg. directional movement index) & DI+ and DI- lines.
Pls. advise - Mave
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