Replies to post #85 on World Surveillance Group Inc (fka WSGI)

[william2112]

lowtrade,

will dig more into the dmi signals(book shelf)..been wanting to and glad this has come about---safe to say? that we want the adx running inbetween dmi(+/-)...as such, the tighter the distance inbetween adx and dmi+ would correlate with rise in share price(how quickly it moves up)---seems very similar to bollinger bands(not nesc. apples to oranges here) but with cleaner signals(with regards to entry/exit)---would you suggest using dmi with any other indicators or is playing rsi the best...given volume as absolute

thanks lowtrade...really appreciate it


sinc,

bill

[goldwing]

lowtrade,

I use stockcharts.com. Can you tell me what value the ADX indicator has on that chart you gave?

With stockcharts it's named the "Wilder's DMI(ADX)", and the standard value when you select it is 14. But having 14 as value, gives a completely different chart......

TIA

goldwing