Custom messages Part 10 by Jim Summers, Ph.D.
ARTICLE SYNOPSIS ...Custom messages
by Jim Summers, Ph.D.
Believe it or not, all the work we've done so far programming Lotus does not complete the Directional
Movement Index system (DMI). We also must include message modules -- the only way some correct
signals can come from your computer.
For example, virtually every commentator says crossing DI14 lines is the trading signal. Actually, DMI
developer J. Welles Wilder notes that this is only the first indication a trade should be considered. Before
entering a trade, several other criteria must be met. The ADX line -- the one which indicates the