Adx

ShoeshineBoy · Feb 3, 2004

I can't find the actual algorithm to calculate this. I've found a few systems that do well in a backtesting environment and don't understand the mechanics of what's going on cuzz I can't find the "formula" for this anywhere. Anybody know where I can find this easily (preferably w/o buying a book)?

dbphoenix · Feb 3, 2004

Easy? No. But you can get a copy of Wilder's New Concepts in Technical Trading Systems via interlibary loan (Amazon has the publication details). It has all the details on ADX, DMI, RSI, SAR, etc.

JackDaniel · Feb 3, 2004

Here's one from the web site of the program I use, Linnsoft's IRT.

http://www.linnsoft.com/tour/techind/adx.htm

jd

dbphoenix · Feb 3, 2004

Quote from JackDaniel:

Here's one from the web site of the program I use, Linnsoft's IRT.

http://www.linnsoft.com/tour/techind/adx.htm

jd

Nice summary.

ShoeshineBoy · Feb 3, 2004

Thx guys. I can't stand blindly using something....

dbphoenix · Feb 3, 2004

Quote from ShoeshineBoy:

Thx guys. I can't stand blindly using something....

Apparently you're very rare.

Turok · Feb 3, 2004

>Apparently you're very rare.

Man ain't that the truth.

JB

bundlemaker · Feb 3, 2004

Perhaps this will help too...

http://www.marketwise.com/pdf/DirectMoveIndicator.pdf

WDGann · Feb 3, 2004

Quote from ShoeshineBoy:

Thx guys. I can't stand blindly using something....

ShoeshineBoy · Feb 3, 2004

You guys wouldn't be implying anything, now would you? Nah, I didn't think so.