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RE: [Metastockusers] Re: Fading spikes and dips.



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Isn't ADX more or less for prolonged trends?
Are you suggesting using a short term ADX, like ADX(3) within a short
interval chart like a 5 minute?

-----Original Message-----
From: manohohman [mailto:kelols@xxxxxxxxxxx]
Sent: Monday, October 27, 2003 10:59 AM
To: Metastockusers@xxxxxxxxxxxxxxx
Subject: [Metastockusers] Re: Fading spikes and dips.

ADX


--- In Metastockusers@xxxxxxxxxxxxxxx, <uhehs@xxxx> wrote:
> Hi all.
>
> When you see a stock making a large intraday move [say over 30%],
that tends
> to distort most indicators, what indicator/system would be useful
to gauge a
> good entry point for a quick scalp?
>
> EX:  If you wanted to short FBF today after it's big move.
>
> Maybe just go to the conventional RSI or MACD but on a short time
frame like
> a 5 minute?
>
> Thanks.  I look forward to hearing some ideas.



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