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Re: simplegreen post# 122368

Wednesday, 09/18/2013 7:59:40 PM

Wednesday, September 18, 2013 7:59:40 PM

Post# of 140146
SG, Yes, I found it, but it is totaly different than the one I have with the sinkorswim platform. On the mt4 platform is called AVERAGE DIRECTIONAL MOVEMENT. I punched in the parameters, and not even remotely close to what I get with the ADX I presently have set up. The one that I am using is an pumped up version of ADVANCER'S OVER DECLINER'S AVERAGE. Calculates differently.

The ADX that I am using is now showing the most overbought condition for the past year on the GU 2H chart. This thing has to break sooner or later. If not, then the GU is going to go MUCH higher. Have no clue as to where at this time. But I am holding my short positions, and plan on holding them for at least a few more days. Everything is saying OVERBOUGHT. It's killin me, but been in this position before, and come out OK.

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