Stock Portfolio Organizer
The ultimate porfolio management solution.
Shares, Margin, CFD's, Futures and Forex
EOD and Realtime
Dividends and Trust Distributions
And Much More ....
WiseTrader Toolbox
#1 Selling Amibroker Plugin featuring:
Advanced Adaptive Indicators
Advanced Pattern Exploration
Neural Networks
And Much More ....
Raw ADX for Amibroker (AFL)
Rating:
5 / 5 (Votes 1)
Tags:
oscillator, amibroker
This ADX formula uses input variable for the periods and uses Wilders and ATR in its calculation.
By Prakash Shenoi
Screenshots
Similar Indicators / Formulas
Debu Market Efficiency Ratio
Submitted
by agent301 over 13 years ago
MACD (new timing)
Submitted
by tigernifty over 13 years ago
3 Days Track
Submitted
by janet0211 over 15 years ago
KILL THE OPERATOR MACD
Submitted
by prasadmuni over 13 years ago
DMI Spread
Submitted
by pipstar over 15 years ago
Indicator / Formula
Copy & Paste Friendly
/* 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?