I previously used following codes for ADX in another charting software, but I found AB must have a different version of ADX
Could someone tell me what is the difference ? Thanks Tom ------------------------------------------------------------------ TR = SUM(MAX(MAX(HIGH-LOW,ABS(HIGH-REF(CLOSE,1))),ABS(LOW-REF (CLOSE,1))),P); HD = HIGH-REF(HIGH,1); LD = REF(LOW,1)-LOW; DMP= SUM(IF(HD>0 AND HD>LD,HD,0),P); DMM= SUM(IF(LD>0 AND LD>HD,LD,0),P); PDI=DMP*100/TR; MDI=DMM*100/TR; ADX= MA(ABS(MDI-PDI)/(MDI+PDI)*100,P);
