Could you maybe post a chart here, I would like to see as I don't have it on this program, thanks again.
DMI is best on daily and wekly charts. 240 maybe. It is more of a confirmation of signals that I have already taken and tends to help kep me in a trade. I would look at the ADX rising 4 ponts from it's low point as a confirmation and at that point you only look for one direction of trades to add to your position. If Blue line is the high line, then longs and vice versa.
And last one B1, what about a presence of a divergence vs ADX above DI+, like on ESZ6 daily at the moment? Which one is a stronger signal IYO?
I'm not in EUR/USD. I've been unable to press the buy key. The sheer stupidity of the move and r/r ratio is over riding the greed initiative center of my brain. But I managed to eek a long AUD/USD position, a short USD/CAD position and a couple of cross plays. I just want the EUR to go up and up until the market shoots itself in the foot by making the ECB back off. I love it when that happens.
I always defer to RSI before DMI although you can have divergences in DMI since the DI+ is the same type of indicator as RSI.