Piphunterss wrote: Sun Sep 15, 2024 4:15 am
I understand your point basically every one see and implement the data and price action differently when live market moves up and down whoever is using this system will force the thought of getting all indicators align with their decision of buy sell what i was referring to is ti give adx little more room so it can produce swing trading signals . ATS is good price action utility which basically highlight contraction and equilibrium of price as a whole that to require further guidance of trend
HI welcome to forex-station
I agree with you that for swing trading, we might need to adjust the ADX settings. However, it seems that the system is primarily designed for scalping. The ADX settings were deliberately tuned to highlight shorter-term momentum shifts, which is why it might seem to pick up a lot of noise. For scalping, this sensitivity is actually beneficial, as it allows us to capitalize on every possible movement, no matter how small. If we adjusted the ADX to filter out noise and give more room, it might delay signals, making it less effective for scalping.
But there is a workaround. You can combine ADX readings on higher timeframes (e.g., daily or weekly) to understand the broader trend, and then use shorter timeframes (e.g., 15 minutes or 30 minutes) to pinpoint swings or entry points. Once you have your entry, you can hold it until the adx trend on the higher timeframe changes or based on price action level targets.
