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Old 02-03-2008, 04:18 AM
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Join Date: Jul 2007
Posts: 11
Default 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
Attached Images
File Type: jpg Alpari_ADX.jpg (25.0 KB, 13 views)
File Type: jpg Sample_ADX.jpg (55.9 KB, 12 views)
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