naluvs01 wrote: Wed Jun 07, 2023 7:49 am
Yes it is good, but I needed the ADX line alerts once they crossed, not the Di +/- alerts when they cross. The main purpose of the ADX line is to measure volatility, while the Di lines measure strength between indices (I'm sure you know this already). What I've discovered is that when the ADX crosses above the 20 level (with my strategy), it's usually a good entry. So that's why the alerts are important to me.
But, when DI goes down and crosses the level, then this is also a decrease in volatility, and vice versa, when DI crosses the level up, then this is an increase in volatility. It should be noted that DI movements are ahead of ADX movements and signals appear earlier