Dan,
All newbie traders want to trade without learning, or learning a bit... having a fancy indicator with 'tweaked or special settings' or backtested results they are eager to jump in to the market... Giving realistic advise will not be appreciated....
Ankur, DanPickUp has told you which I did not as my experience is that such kind of advise is usually not usually accepted well. Anyways, take care with ADX or any other indicator that is price derived. Better would be to focus your attention to learn reading charts and price action (no indicators at all - you can add one or two later once you have learnt chart reading thru price action).
Good luck.
All newbie traders want to trade without learning, or learning a bit... having a fancy indicator with 'tweaked or special settings' or backtested results they are eager to jump in to the market... Giving realistic advise will not be appreciated....
Ankur, DanPickUp has told you which I did not as my experience is that such kind of advise is usually not usually accepted well. Anyways, take care with ADX or any other indicator that is price derived. Better would be to focus your attention to learn reading charts and price action (no indicators at all - you can add one or two later once you have learnt chart reading thru price action).
Good luck.
@Ankur07090
Be careful with that indicator as you can burn your finger heavily with it. What other kind of stuff you want to add to that indicator, as trading on pure ADX will kill you with 100% guarantee, specially in your stage of trading knowledge (at least the way you present your self here and today).
Good luck / DanPickUp
Be careful with that indicator as you can burn your finger heavily with it. What other kind of stuff you want to add to that indicator, as trading on pure ADX will kill you with 100% guarantee, specially in your stage of trading knowledge (at least the way you present your self here and today).
Good luck / DanPickUp