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biobuck,
I have duplicated the problem. You are correct. At longer lookbacks
the ADX looks very stair stepish.
The good news is that I also checked the ADX RAW indicator that Roy
submitted and it looked correct. Thanks Roy!
Preston
--- In equismetastock@xxxxxxxxxxxxxxx, biobuck <no_reply@xxx> wrote:
>
> Preston,
> Thanks for your reply. I did it again this time without ADX(14).
> The problem is that for short time periods ADX plotted fine in
> metastock. But for some unknown reason when you increase the time
> period to 40, it failed to compute correctly. I have loaded another
> chart up this time just to show the ADX(40) to rule out the
> ADX(ADX(14),40) possibility. As you can see the ADX(40) was still
not
> right. As I mentioned previously, I could not duplicate an
indicator
> between Amibroker and MS and I suspected this is the reason. I used
> the start date back to 2000 so that the starting date should not
> matter for both softwares.
>
> biobuck
>
> --- In equismetastock@xxxxxxxxxxxxxxx, pumrysh <no_reply@> wrote:
> >
> > biobuck,
> >
> > Hard to tell what you have done but it looks like you laid the ADX
(40)
> > on the ADX(14) and not the Close.
> >
> > Make sure that the close is higlighted when you lay the
indicator. Also
> > you may wish to refer to the built-in template supplied with
metastock.
> >
> > The Amibroker chart has both the +/- DI along with the ADX which
is how
> > the metastock template is plotted. The ADX values for the the ADX
(14)
> > are close on both charts. Close enough for me to believe that the
> > difference may be your start dates.
> >
> > For others looking for your charts they are in the Metastock
Problems
> > File.
> >
> > Preston
> >
> >
> >
> > --- In equismetastock@xxxxxxxxxxxxxxx, biobuck <no_reply@> wrote:
> > >
> > > I was having trouble in reproducing an indicator in Metastock
and
> > > Amibroker in which ADX(40) was used as a part of the equation.
I
> > > could not figure out what went wrong with my codes and finally
decided
> > > to check the ADX(40) chart plotted by both Amibroker and
Metastock.
> > > Guess What I was horrified by what I saw.
> > >
> > >
> > > I am going to upload screenshots to >Files>Metastock Problems
for you
> > > guys to check it out.
> > >
> > > biobuck
> > >
> >
>
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