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Hi Cory, first let me thank you for all your wonderful work you do here and share with us all, it's not something that is to be taken for granted !!!
2nd you've added this link and I see gail is using this volume indicator, my question is, is there a way if you have an idea, to replicate her adx indicator with the signals it creates on peaks?
After putting the ForceIndex onto the forum, it has developed into so many variations and questions, with the introduction of the boomerang, all of which is very similar to the way I trade, I though it best to put a full scale model up for discussion.
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gails ADX doesn't appeal to me because ADX needs many bars to calculate then you have to make sure all 3 time frames are in sync. Conclusion: ADX is not for me esp hers.
OK, thank you for your quick reply
I was just wondering how that magenta peak was calculated, wasn't really interested in that adx, I thin a cci would give a better signal than an adx
thank you again
magenta peak full name was adx magenta peak. my guess is adx > 40 color it magenta then adx retreats and we have magenta peak, just my guess from glancing at it.
could be, was just curios, thought of it as a divergence of some sort
hey cory, aside from market context which is my preferred way of understanding the market, what's yours