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consolidation lines?


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consolidation lines?

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rassi's Avatar
 rassi 
the congo
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Hey guys I see a white dotted line in some of sharkys posts and also a similar black line in arnes posts I think its some kind of consolidation of the adx?

As I'm not using ninja trader could someone please post up the settings for this indicator as I would like to experiment with it on my platform....or just tell me what it is and the settings and I will figure how to produce something similar many thanks

Rassi

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Big Mike's Avatar
 Big Mike 
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rassi,

I believe you are referring to a DoubleMA line. What they've done is set the DoubleMA to something like ZeroLagEMA: 14, ADXVMA:2. Then they made the Rising and Falling colors transparent, leaving only the Neutral color.

This gives the appearance of the flat support lines you mention.

You can download DoubleMA in the file sharing section.

Mike

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Last Updated on June 16, 2009


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