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Tony
If I understand correctly what your telling him I don't think it is that
easy. The Tradestation ADX indicators don't have price as an input to the
indicator. Several function levels deep DmiPlus and DmiMinus access price. I
believe the only solution is to rewrite those such that price is an input
and they can be called
with Data1,Data2 etc.
Jerry
----- Original Message -----
From: "Tony" <acjhopst@xxxxxxxxx>
To: <omega-list@xxxxxxxxxx>
Sent: Friday, February 06, 2004 2:24 PM
Subject: Re: ADX formula
> On Thu, 5 Feb 2004 14:50:56 -0500, you wrote:
>
> >Hello,
> >
> >Does anyone know have a formula for calculation of
> >ADX so that i can apply it on a 5min chart to
> >determine whether ADX on the equivalent 30,60 min
> >chart is above 30 threshold?
> >
> >For example, if I apply a Average(Close,240) on a
> >5min chart it will plot equivalent values as
> >Average(Close,20) on a 60 min chart. The reason
> >why this works in this case is because Average is
> >a linear function. I cannot do the equivalent on
> >ADX because it is non-linear.
> >
> >Does anyone have any suggestions?
> >
> >Thanks,
> >Bing
> >
> Bing,
>
>
> Open the chart in 3 diffrent timeframes. Using <F5>
> PS calls the 1st chart data1 the 2nd chart data2 etc
>
> When you need a value from the 30-min chart (data2)
> To read a value from the 30 min chart just use something like: X= Close of
data2
>
> The following code plots a moving average of data1=5min and data2=30min
> So the trick here is use "of data X"
>
> I hope this helped a bit. Or even if it was what you asked for :-)
>
> Regards,
> Tony
>
>
>
>
>
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