carlosmckenna1
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Hey you guys,
Just wondering if I could get some help?
I am working on a system for trading forex; part of the system incorporates the ADX 14 day for identifying trends. However I find this to be a little slow and tried other periods on the ADX i.e. 5 and 9 day. But these produce too many whipsaws.
Can any of you suggest another trend identifying mechanism that would improve on the lagging delay of the ADX.
Would be grateful for any suggestions.
Thanks Carlos.
P.S I have tried various MAs and again either lags to much or too many whipsaws
.
Just wondering if I could get some help?
I am working on a system for trading forex; part of the system incorporates the ADX 14 day for identifying trends. However I find this to be a little slow and tried other periods on the ADX i.e. 5 and 9 day. But these produce too many whipsaws.
Can any of you suggest another trend identifying mechanism that would improve on the lagging delay of the ADX.
Would be grateful for any suggestions.
Thanks Carlos.
P.S I have tried various MAs and again either lags to much or too many whipsaws
.
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