iCharts Discussions

[sundari.s]

hi all,
i have heard that moving average crossover works well with ADX/DMI.i wanted to find out which period of moving average to use in order to increase the success rate.

so i wanted to find out that and discovered that 17EMA and 47SMA works well(high success rate).with ADX/DMI.

moving average crossovers trigger buy/sell,but we cannot enter all the crossovers so we have to find out the strength behind the trend in order to catch the big moves in prices.

so have use the ADX/DMI to find out the very high probability and very low risk trade.
im very bullish on ADX/DMI,reason it is a very unique indicator,which i came through ever...it has two specialities
1)it tells about the strength of a trend(ADX)
2)it tells who are in control, bulls(+DMI) or bears(-DMI)

i back tested this strong crossover strategy in 80 stocks and ended up with a success rate of 80-85%.....

NOTE:
1)how ever it is better to paper trade the strategy before entering in real trading.
2)and learn how to use ADX/DMI

thank you for your time.......

[Pawanmodi]

hello
can you tell me wiche time frame u do this stergies