November 2012, Stocks & Commodities
With Pro Real Time, just structure a desk, no particular formulas are needed since you’ve got in this java software:
– Directional Movements
– ADXs
– Horizontal lines
Set all desk as explained in the articles.
As you can see in the image:
- DIs give no particular “value-added” to supertrend. Sometimes they seem to give an anticipatory signal, but there are many mistakes, in particular if compared to Supertrend (a too early or erratic exit).
- Confirms with ADXs bundle is important for confimation, but it gives (expecially alone) few signals and many serious errors
- ADXs are in late
==> maybe interesting for intraday use, but for daily use they’ve been rejected!!