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(req) Super ADX


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Based on the template provided by clovelly, I have incorporated the 7 important signal description on screen.

 

I do this because I want to be able to know the meaning of each bar instantly without calling out the PDF file, looking for post-it notes or mixed up with other indicators.

 

http://www.4shared.com/file/QoptkMSD/superadx.html

 

Thanks for this, but have managed to find out what the white candle with yellow tip is meant to signal?

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Thanks for this, but have managed to find out what the white candle with yellow tip is meant to signal?

 

http://www.superadx.com/images/GBPJPY.png

 

http://www.superadx.com/images/GM.png

 

Don't think it means anything, see the 2 pics above

Edited by iltc2001
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Based on the template provided by clovelly, I have incorporated the 7 important signal description on screen.

 

I do this because I want to be able to know the meaning of each bar instantly without calling out the PDF file, looking for post-it notes or mixed up with other indicators.

 

http://www.4shared.com/file/QoptkMSD/superadx.html

 

synergy; could you upload this again? I can't download. thanks,

 

update:

Took care of the issue. No need to re-load. Thanks,

Edited by fx4_ever
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http://www.superadx.com/images/GBPJPY.png

 

http://www.superadx.com/images/GM.png

 

Don't think it means anything, see the 2 pics above

 

Yep, that is what I thought too, it appears too often and does not appear to signal anything. Thanks for the confirmation!

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Based on the template provided by clovelly, I have incorporated the 7 important signal description on screen.

 

I do this because I want to be able to know the meaning of each bar instantly without calling out the PDF file, looking for post-it notes or mixed up with other indicators.

 

http://www.4shared.com/file/QoptkMSD/superadx.html

 

Thanks for coming up signal description on the screen friend, but when i used it, i have two problems.. he he..

 

1) what does it mean, when i get a white bar with a purple tip? I think it do not appear in the description, please add that also friend.

 

2) When i press the "Reset button" in the edit option of the !superADX indicator, all the colors changes, some to orange etc.

I have to close MT4 and once again reload the template for getting the colors back before reseting.

 

Thanks and regards

Saivenkat

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For the first question, I am merely extracting the information from the manual. If the manual does not state the meaning of a certain combination of colors, I would have no idea of it, else I will be the author, right?

 

However, I don't have any idea why this is happening for question 2. Someone have any idea?

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Thanks for coming up signal description on the screen friend, but when i used it, i have two problems.. he he..

 

1) what does it mean, when i get a white bar with a purple tip? I think it do not appear in the description, please add that also friend.

 

2) When i press the "Reset button" in the edit option of the !superADX indicator, all the colors changes, some to orange etc.

I have to close MT4 and once again reload the template for getting the colors back before reseting.

 

Thanks and regards

Saivenkat

 

White bar with purple tip is a reversal signal ( with a 73% success rate historically), according to the author. Although this is the weaker signal.

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White bar with purple tip is a reversal signal ( with a 73% success rate historically), according to the author. Although this is the weaker signal.

 

I think you can fade the trade toward to Moneyline when you see those many reversal bars: (white with purple and yellow, white with purple tips, purple with yellow tips, purple with magenta tip and purple with magenta and yellow tips). But, each signal is has to be examined. I can see SuperADX is 'hit or miss" type indicator. And manual and video doesn't help much as far as learning how to trade using this indicator.

Edited by fx4_ever
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Hi all,

 

this indi seems strange., Yesterday on G/U it signaled end of a down move by white bar and actually the G/U was going the opposite direction and it went up about 70-80 pips, but our great superadx did not even come up with a single signal to indicate that., only god knows what this indi is for.

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Hi all,

 

this indi seems strange., Yesterday on G/U it signaled end of a down move by white bar and actually the G/U was going the opposite direction and it went up about 70-80 pips, but our great superadx did not even come up with a single signal to indicate that., only god knows what this indi is for.

 

It is given the Manual of superADX, that since ADX is not a momentum based indicator, it is common to see a trade going against you before moving towards the target when this happens don't panic, learn to expect it.

 

May be when we use this indicator, we should set our Stop losses very deep, and must be using higher TF.

 

I am just like you friend, still not convinced about using this one.

 

Saivenkat

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Hello Saivenkat,

 

I'm not talking about signal going against.., i'm talking about something different. See..., yesterday G/U first fell down around 100+ pips during london session and it went up again 100+ pips during New York session, but this indi did not show a clue of both moves except white bars signaling end of the moves.., so maybe i'm missing something here.

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