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lrp42

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lrp42

Re: Adam post# 25619

Saturday, 12/22/2007 7:51:32 AM

Saturday, December 22, 2007 7:51:32 AM

Post# of 47149
Hi Adam,

Another indicator you might give some consideration to is the Wilder Average Directional Index (ADX). This indicator gives not only the direction of the trend, but also gives the 'strength' of the trend's direction.

http://stockcharts.com/school/doku.php?id=chart_school:technical_indicators:average_directional_

Used in conjuction with the MACD this might give you a good feeling about your entry point.

Regards,

Ray
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