help with di+ and di- crossover

Hi All,

I have try to search to understand the concept of di+ and di- crossover. can any one help me out with this or guide me the thread which has this information.

thanks,
Nishant

Was this the one that attempted to avoid the whipsaws in 315 strategy?
If so, even I am looking for it.

take a look may it help u

http://www.traderji.com/day-trading/32266-no-one-going-earn-even-single-rupee-day-trading.html
abhi

ADX is one of the most underrated indicators

Here are some links which might help

http://alturl.com/nc2g

http://www.incrediblecharts.com/indicators/directional_movement.php

http://forex-indicators.net/adx

http://www.incrediblecharts.com/technical/dms_trends.php

ciao

Thanks Abhi,:clapping:

I have come across these indicators from your thread "no one going to earn even single rupee day trading".:thumb:
Although i have not read full thread yet but as mentioned in ur thread that we (new to trade) should refer other thread. I have seen 20 pages of "stocks to keep eye on" and didnt find the ans to that. that thread has more than 1000 pages.

can u breaf me some thing about it as i like your simple but effective concept.

I am using google finance for interaday charts.

thanks,
Nishant

thanks Ciao,

this are the wonderful links, very helpful.
thanks again.:clapping:

Nishant

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The best thing about ADX indicator is not even the di+ and di- lines... its the ADXline itself.

ADXLine indicates the strength of the trend, but NOT direction. Generally if ADX value is above 25, trend is strong. That strong trend could either be bearish or bullish.
Also if adx line is moving down from, say, 50 to 30.. that doesnt mean trend is getting weeker. It just means that trend is getting 'less stronger' (difference in meaning)


ADX is probably one the best indicators if used correctly.

it is not like that , there exist a difference between trending market and ranging market and thats the difference between DI+ and DI- cross and moving average cross over .

when DI+ crosses DI- in tells the strength of positive trend is stronger than the downward or negative trend . and vice-versa .

and , moving averages are nothing more than price averages . and it can never tell the strength of a trend .

regards

abhi

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