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--- In equismetastock@xxxxxxxxxxxxxxx, "Roy Larsen"
<rlarsen_quik@xxx> wrote:
>
> Hi Shelly
>
>
> Yes, the MS ADX() function does round to whole numbers. It also
rounds PDI() and MDI()
>
> Equis created a formula for ADX that does not round any of these
values, and you might find it more useful. I think the formula is
still available on the Equis website but the version I have is given
below. I've renamed it "ADX Raw".
>
> PDI and MDI can be extracted using the variables "DIPlus"
and "DIMinus".
>
> FmlVar("ADX Raw","DIPlus");
> FmlVar("ADX Raw","DIMinus");
>
> Notice that adding Round() to DIPlus and DIMinus creates exactly
the same values as PDI() and MDI().
>
> Round(FmlVar("ADX Raw","DIPlus"));
> Round(FmlVar("ADX Raw","DIMinus"));
>
> {MetaStock code written by Equis and published in the Oct99 TASC}
> {ADX Raw}
> Periods:=Input("Enter time periods",1,100,14);
> PlusDM:=If(H>Ref(H,-1) AND
> L>=Ref(L,-1),H-Ref(H,-1),
> If(H>Ref(H,-1) AND L<Ref(L,-1)
> AND H-Ref(H,-1)>Ref(L,-1)-L,
> H-Ref(H,-1),0));
> DIPlus:=100*Wilders(PlusDM,Periods)/ATR(Periods);
> MinusDM:=If(L<Ref(L,-1) AND
> H<=Ref(H,-1),Ref(L,-1)-L,
> If(H>Ref(H,-1) AND L<Ref(L,-1)
> AND H-Ref(H,-1)<Ref(L,-1)-L,
> Ref(L,-1)-L,0));
> DIMinus:=100*Wilders(MinusDM,Periods)/
> ATR(Periods);
> DIDif:=(Abs(DIPlus - DIMinus));
> DISum:=(DIPlus + DIMinus);
> 100*Wilders(DIDif/DISum,Periods);
>
>
> Hope this helps.
>
>
> Regards
>
> Roy
>
>
> ----- Original Message -----
> From: Shelley Gould
> To: equismetastock@xxxxxxxxxxxxxxx
> Sent: Monday, June 11, 2007 9:05 AM
> Subject: [EquisMetaStock Group] re: rounding ADX
>
>
> All - does Metastock round the ADX to the nearest whole number. I
have read where this can cause problems when measuring the rate of
change.
>
> ??
> thxs.
> shelley
>
> Shelley Gould
> sfgmail@xxx
>
> [Non-text portions of this message have been removed]
>
>
>
>
>
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