For those unfamiliar with the acronyms:
For those who use these indicators in their trading, what do you use them for? Do you find them useful, and if so, how?MACD: MACD, which stands for Moving Average Convergence/Divergence, is a technical analysis indicator created by Gerald Appel in the late 1970s. MACD shows the difference between a fast and slow exponential moving average (EMA) of closing prices. Since it is based on moving averages, MACD is inherently a lagging indicator.
DMI: An indicator developed by J. Welles Wilder for identifying when a definable trend is present in an instrument. That is, the DMI tells whether an instrument is trending or not.
ADX: An indicator used in technical analysis as an objective value for the strength of trend. ADX is non-directional so it will quantify a trend's strength regardless of whether it is up or down. ADX is usually plotted in a chart window along with two lines known as the DMI (Directional Movement Indicators). ADX is derived from the relationship of the DMI lines.
Do you use them in combination with other indicators? If so, which ones?
Any examples using charts would be very much appreciated.