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[amibroker] Re: PDI Indicator - Anyone know this one ?



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Trading Reference Links

You should add PDI [Positive Divergence Issues]from
http://www.amibroker.com/library/detail.php?id=180
--- In amibroker@xxxxxxxxxxxxxxx, "gosub283" <gosub283@xxxx> wrote:
> phsst,
> 
> FYI....
> 
> At first I was confused when you mension the PDI
> indicator. When I checked the web, very little could
> be found. Then, when you called it the Pos.Dir.Movement
> indicator, I found the source of my confusion.
> 
> Interestingly, I found another indicator which
> goes by the same acronym.
> 
> One version is the more common Pos.Dir. Movement (+DI)
> as mensioned by you.
> 
> The other one is the "Probable Direction Index" (PDI)
> Very obscure....couldn't find much on it.
> There's one article in S&C magazine" 
> http://store.traders.com/-v06-c02-pelleti-pdf.html
> 
> Cheers,
> gosub
> 
> 
> 
> 
> 
> --- In amibroker@xxxxxxxxxxxxxxx, "phsst" <phsst@xxxx> wrote:
> > PDI is Positive Directional Movement Indicator (aka +DI)
> > MDI is Minus Directional Movement Indicator    (aka -DI)
> > 
> > They are both AFL functions. Look at the following link for a 
little
> > background info on ADX along with +DI and -DI.
> > 
> > 
> 
http://www.stockcharts.com/education/What/IndicatorAnalysis/indic_ADX.
> html
> > 
> > 
> > --- In amibroker@xxxxxxxxxxxxxxx, "gosub283" <gosub283@xxxx> 
wrote:
> > > phsst and others,
> > > 
> > > In his recent post, "phsst" wrote.
> > > "Use ADX, PDI & MDI to determine the current
> > > trend, then....."
> > > 
> > > I'm having some trouble finding info and
> > > formulas for the PDI. (I assume this is the
> > > Probable Direction Index)
> > > Can anyone point me in the right direction, or
> > > has anyone already coded this in AFL ?
> > > 
> > > Thanks to anyone who contributes,
> > > 
> > > Cheers,
> > > Gosub


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