172: The Magic of Momentum Trading – Alan Clement
Better System Trader
How Do You Balance Smoothing With Lag in Your ADX?
The ADX is really just a strength measurement because it goes up if you're trending down as well. So how do you apply a directional aspect to ADX? The ADX actually comes free design with a couple of directional components in it called the DI, excuse me, DI plus and DI minus.
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