Monday, September 16, 2013 9:58:28 AM
Chart for GU. Some hope here. Added a custom adx to a 2 hr chart going back about 2 1/2 months. Tweaked the numbers a little (lot), and came up with this.
Correlation with crossover system is good (4 of 4)with one directional change missed, but the crossover picked it up. This is the area where the rectangle is seen. It is a longer term trading system.
The lower indicator shows the parameter touches and are marked. And right now it is comming up on the top parameter. A touch of this should indicate a certian directional change forhtcoming. It can lead by a few bars, maybe 3-8. But at least things are looking better.
Correlation with crossover system is good (4 of 4)with one directional change missed, but the crossover picked it up. This is the area where the rectangle is seen. It is a longer term trading system.
The lower indicator shows the parameter touches and are marked. And right now it is comming up on the top parameter. A touch of this should indicate a certian directional change forhtcoming. It can lead by a few bars, maybe 3-8. But at least things are looking better.
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