Stock Portfolio Organizer
The ultimate porfolio management solution.
WiseTrader Toolbox
#1 Selling Amibroker Plugin featuring:
Raw ADX for Amibroker (AFL)
This ADX formula uses input variable for the periods and uses Wilders and ATR in its calculation.
By Prakash Shenoi
Screenshots
Similar Indicators / Formulas
Indicator / Formula
/* ADX Raw */ //Afl code - Prakash Shenoi // TP= Param("Time Periods",14,1,50); PlusDM= IIf(High>Ref(High,-1) AND Low>=Ref(Low,-1), High-Ref(High,-1), IIf(High>Ref(High,-1) AND Low<Ref(Low,-1) AND High-Ref(High,-1)>Ref(Low,-1)-Low, High-Ref(High,-1), 0)); DIPlus= 100 * Wilders(PlusDM,TP) / ATR(TP); MinusDM= IIf(Low<Ref(Low,-1) AND High<=Ref(High,-1), Ref(Low,-1)-Low, IIf(High>Ref(High,-1) AND Low<Ref(Low,-1) AND High-Ref(High,-1)<Ref(Low,-1)-Low, Ref(Low,-1)-Low, 0)); DIMinus = 100 * Wilders(MinusDM,TP) / ATR(TP); Diff= abs(DIPlus - DIMinus); DISum= DIPlus + DIMinus; ADXRaw= 100 * Wilders(Diff/DISum, TP); Plot (ADXRaw,"ADXRaw",1,styleThick); //Plot (DiPlus,"DI+", 3,1); //Plot (DiMinus,"DI-",4,1); GraphXSpace=4;
1 comments
Leave Comment
Please login here to leave a comment.
Back
How does it work?