Reply to thread

Barney,

If you are interested in following up on tech/a's comment above, there are a couple of articles on Chuck Le Beau's site at the URL below: http://traderclub.com/discus/board.html

that you may find interesting.

Select the 'Bulletins' link in the left hand frame to see the list of articles.

When using any indicator, including the ADX, it is always important to understand the pros and cons of using them.

Another aspect to consider is related to correlated and uncorrelated indicators.

Besdies the encyclopedia that tech/a mentioned, you can refer  to the A-Z of Technical analysis that can be found online. I think there is a copy on the Equis site or you can use a reference, such as the one by Edwards and Magee.

Cheers