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Also make sure that the load options for the exploration match the
load options set for charts (File | Open | Options | Load Options)
Trader Joe...
--- In Metastockusers@xxxxxxxxxxxxxxx, "Roy Larsen" <rlarsen@xxxx>
wrote:
> Hi Moishe
>
> > I put ADX(14) in an exploration column alone. Also have ADX in a
> > chart window. On March 15, 2005 for NUE I get an ADX(14)reading
in
> > the exploration column of 35 EOD. On the chart it reads 24 EOD
same
> > date.
> >
> > Question: Should they read the same?
>
> Yes.
>
> If so, where is my error?
>
> Probably in the number of records specified for your
explorations. "Use Minimum
> Records" will cause your problem. The reason is that ADX uses
Wilder Smoothing
> internally. Wilders smoothing and other exponential moving averages
use ALL
> data on a chart or exploration, NOT just the "Periods" setting for
the function.
>
> As a rule of thumb you should specify at least 5 times as many
periods as the
> longest EMA (or Wilders Smoothing) used by your code. I'd suggest
70-100should
> be OK for ADX(14).
>
>
>
> Kind regards
>
> Roy Larsen
> www.metastocktips.co.nz
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