actio-et-reactio: for every action there is a reaction. In the background is a sketch by Leonardo da Vinci-teeter-totter- a symbol of how tenuous is the balance between extremes

actio-et-reactio

Balance is but a brief transition between extremes.

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Monday, February 20, 2006

ADX with Alerts, an amg Ensign Template

My favorite market technician, second only to Richard Wyckoff, is Welles Wilder. His contributions include RSI, PSAR (Parabolic Stop & Reverse), Average True Range (ATR), the 'Delta Phenomenon' (of which PVAC is a form), and the Directional Movement Index group (+DMI, -DMI, and ADX), the subject of this article (with Ensign template).

EXAMPLE (click to show full size in a separate window)



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posted by Ana Maria @ 1:28 AM :: permalink




moon phases
 

At last, over the rim
of the waiting earth
the moon lifted with
slow majesty
till it swung clear of the horizon and rode off,
free of moorings
- Kenneth Grahame,
The Wind in the Willows

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