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Think this one works...at least it has so far this morning. The code needs to be cleaned up a bit but want you all to test it for me before I go to the trouble of doing so.
You are referring as it was an automated system. Perry's trading platform is not meant for automated trading but manual trading, it's your choice according to the rules and other factors (important price levels) if you take the trade or not. The answer to your question is : It depends on the market mood.
i was simply asking perry what his best guess would be to his manual use of his strat would average with him using his own strat.this is a very simple question, should be a simple answer.minus or plus so many points per day.(es)thanks.if anyone else is using his strat and would care to answer i would be interested to know their answer.
I am checking this thread after few mos, but the setup details on post#71 talks about MA, force index, but not DM.
can someone clarify where we use DM as the indicator is names DMPlus but post71 doesn't mention about DM.
emini, I'll bite until someone else chimes in, and corrects or confirms my understanding.
The DM is mentioned on Page 1. Sometimes its referred to as the DM, Directional Movement, and other times the DMI, Directional Movement Index, but its the same. The DM comprises the blue and red lines in the very lowest panel of the chart. The third line, the green one, in that same panel is the ADX. Together the DM and ADX work together to reveal price action. Typically the ADX will be below the DM. But when the ADX is above the DM, it's a definite game changer, or turning point. It means the trend is about to change direction. Price action is about to turn. There is an imminent change in directional movement. A countertrend or reversal is about to commence and it’s a good time to flatten or prepare to exit a trade, for which you have ample time.
