- USA TRADERS THREAD -

Happy New Year to all.


May I add my own thoughts to the discussion about ADX indicator.
In particular the lack of accuracy regarding the timing of the signal, ie: it being quite delayed in relation to price movements.

This therefore may help (or at least it is another indicator to add to the arsenal). Use RSI and Mass Index together on same chart (RSI 14, Exponential and MI 5).
It operates in a very similar pattern to the more recognised ADX but is more timely with its signals. They are not always spot on, nothing in this game really is, but it is usefull for spotting mid-term trend changes.

(I'm not too good at posting charts so I hope this works).