Alternative Indicator to ADX,+DMI,-DMI

Quote from DennisAndLisa:

Does anyone know of a good alternative Indicator to ADX,+DMI,-DMI that I can use for Dave Landry's Swing trading method?

Thank you,
Dennis
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You might want to check out Jurik Research's DMI equivalent called DMX. Much smoother (so fewer false signals) very little lag. The attachment is a .gif image from their web site. The entire link with text is here... http://www.jurikres.com/catalog/ms_dmx.htm#top

Good luck
 

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Quote from ElectricSavant:

Ditch?

Do you change your settings according to the wave/volatility characteristics of the instrument with blau's indicator?

or does this indicator adjust to fit all without changing its setting(s)

Michael B.
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I just keep it set to 13,5. Changing the settings does make much less difference with this indicator than with others.
 
Quote from Ditch:

I just keep it set to 13,5. Changing the settings does make much less difference with this indicator than with others.
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Hi Ditch,

As I know Blau's ECO is based on double exponential filtering and two timeconstants are involved. Do you keep both set at 13.5? I have been experimenting with ranges 25/13 down to 11/4.

For the signal line I used 5.

Be good,

nononsense
 
Quote from nononsense:

Hi Ditch,

As I know Blau's ECO is based on double exponential filtering and two timeconstants are involved. Do you keep both set at 13.5? I have been experimenting with ranges 25/13 down to 11/4.

For the signal line I used 5.

Be good,

nononsense
More...

First timeconstant i set to 13, the second to 5.
 

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Quote from ElectricSavant:
..... So I would be interested to discover your complicated, exhaustive backtest results....Your code must have been long....as the alternatives within the system are many....
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Michael, you are right, the alternatives within the system are many. Find please in the attachment one of them calculated for ES (ADX,+DMI,-DMI system).
 

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Quote from ElectricSavant:

..... I must ask....what is this? (multidimensional adaptive recognition).
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Michael, please take a look e.g. here:

http://citeseer.nj.nec.com/burges98tutorial.html

Sorry, not ease to explain.

Best regards,
vlad
 
Nice upward sloping equity curve....but jagged.....


I am not sure I am reading this right?

Michael B.


Quote from vlad:


--------------------------------------------------------------------------------
Quote from ElectricSavant:
..... So I would be interested to discover your complicated, exhaustive backtest results....Your code must have been long....as the alternatives within the system are many....
--------------------------------------------------------------------------------

Michael, you are right, the alternatives within the system are many. Find please in the attachment one of them calculated for ES (ADX,+DMI,-DMI system).
More...
 
Vlad, that is awesome... What is it? I never saw anything like it

Quote from vlad:


--------------------------------------------------------------------------------
Quote from ElectricSavant:
..... So I would be interested to discover your complicated, exhaustive backtest results....Your code must have been long....as the alternatives within the system are many....
--------------------------------------------------------------------------------

Michael, you are right, the alternatives within the system are many. Find please in the attachment one of them calculated for ES (ADX,+DMI,-DMI system).
More...
 
vlady.....I am way over my head....do not understand what I am looking at...thanks for the reply....

Michael B.




Quote from vlad:


//--------------------------------------------------------------------------------
Quote from ElectricSavant:

..... I must ask....what is this? (multidimensional adaptive recognition).
//--------------------------------------------------------------------------------


Michael, please take a look e.g. here:

http://citeseer.nj.nec.com/burges98tutorial.html

Sorry, not ease to explain.

Best regards,
vlad
More...
 
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