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I found a MetaStock formula on the net
Commodity Selection Index(value, margin, commission) =
ADXR(14)*ATR(14)*parm1/sqrt(parm2)/(150+parm3)*100
Fairly straghtforward on the face of it. The value bit is the one where
there is some ambiquity. Will it be the amount the contract will move if
the ATR increments by 1?
I remember when I bought the book I had tried to figure it out but gave up
on it. You can use two ADX based rules to find trends
1. ADX greater than minimum of PDI & MDI.
2. ADX greater than ADXR
These are the base conditions I use to find trending issues.
R
On 10/27/06, Natasha ~~!!! <ghostship.blackparrot@xxxxxxxxx> wrote:
>
> hello,
> Anyone coded this indicator " commodity selection index " by welles
> wilder into afl ???
>
> What is the interpretation of value V ??
>
> `````` Natasha !!!!!
>
>
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