Dear roca101880,
A couple of weeks ago you had asked me for an expansion of some of the intricacies of the ADX system, and my apologies for not replying. It's due to the fact that I really love ADX and wanted to do it justice in my post, but I am ill and am going to have surgery in a couple of weeks, and just don't really have the energy for the kind of post that it deserves. If I'm up to it I will try to get around to it before the surgery, as explaining something to another trader actually really helps my trading, too.
In the meantime, there is a great book out there called, "Technical Traders Guide to Computer Analysis of the Futures Market." It's a little old, but very comprehensive in its coverage of some basis indicators, including ADX. Far be it from me to suggest how you spend your money, lol, so you might want to get it as an inter-library loan, then if you like it, spend the money on it. That's how I preview many of the books in my collection. Don't know how familiar everyone here is with inter-library loans; it's a wonderful system.
After you read it, there are still one or two additional tricks I can supply. Otherwise, I'll try to make one of my mega huge dissertational soap-box type (!!!) posts after my surgery, if I can't get to it beforehand. Not feeling too well right now, and trying to save my energy.
Once again, my apologies.
Deva
AI
Market Data 
Markets 
