Mostly: Classical

[Sexton O Blake]

Re: ADX - Indicators et al

First I want to thank you very much for the ADX posts. I have a skimmed a few already with more indepth to follow. That is one that I am seriously interested in persuing.

But, I thought I was clear but I think I F'ed up the question.

ADX is one example.

Basically when I go to Stockcharts I can add Indicators.
When I pull up ADX it defaults to "14" (I assume 14 periods).
I can then view the data weekly or daily.

The question, rephrased is When viewing Daily do you use 14 then with weekly also use 14 or should you be increasing or decreasing that number? ---- SAME STOCK -- PURELY BASED ON THE TIME FRAME

(I suppose EVERY indicator is different -- so to apply that to say RSI (it defaults to 14) or Chaikin Money Flow (20)).

To make it clear:
Obviously the numbers are "defaults" and have a meaning. One can research more and leave as such or adjust them - a particular indicator against say a UTILITY stock might not be reflected properly unless you adjust the number.
E.g. If one looks at Utilities they tend to have LOW PE ratios. The theory in the DOT BOMBS were that Tech stocks that had a high PE ratio were warranted because of the business (we realize today and then this was bogus).

I am not looking to be told what numbers to use. I am merely asking for the norm.

e.g. I might set ADX to 14 for reg stocks and 28 for Utils - regardless of Weekly or Daily.

Or I might say - Reg stocks - ADX is 14 for daily and 28 for weekly. And other numbers for utils.

Thanks