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Hi Chuck
> I think he intended to use the high and low of a "foreign" security, as
> opposed to the one he is looking at. But, he can tell us once he sees
> your reply.
Another oops? I wasn't quite sure what Alex intended but as you say, one
look at the code and all should be clear.
Roy
> -----Original Message-----
> From: Roy Larsen [mailto:rlarsen@xxxxxxxxxxxxxx]
> Sent: Monday, July 28, 2003 5:27 PM
> To: equismetastock@xxxxxxxxxxxxxxx
> Subject: Re: [EquisMetaStock Group] DMI Calculation
>
>
> Alex
>
> This code shows the makeup of DI Plus an DI Minus but I'm not sure that
> you
> will be able to do what you want. What would you use in place of HIGH
and
> LOW that made any sense?
>
> Roy
>
> {MetaStock code written by Equis and published in the Oct99 TASC}
> {ADX Raw}
> Periods:= Input("Enter time periods",1,100,14);
> PlusDM:= If(HIGH>Ref(HIGH,-1) AND
> LOW>=Ref(LOW,-1), HIGH-Ref(HIGH,-1),
> If(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,Periods) /
> ATR(Periods);
> MinusDM:= If(LOW<Ref(LOW,-1) AND
> HIGH<=Ref(HIGH,-1), Ref(LOW,-1)-LOW,
> If(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,Periods) /
> ATR(Periods);
> DIDif:= Abs(DIPlus - DIMinus);
> DISum:= DIPlus + DIMinus;
> ADXRaw:= 100 * Wilders(DIDif/DISum, Periods);
> ADXRaw;
>
>
>
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