DMI Spread

[trader123]

Hello,
The extent of my efs coding is pretty much limited to the Wizard and I have not figured out how to do this. Also a search for "DMI and Spread" and "DMI and Histogram" did not yield anything.

Tom Bierovic in his book "Playing for Keeps in Stocks & Futures" uses what he calls the DMI Spread. Which is nothing more than the difference between the +DMI and the -DMI ploted as a histogram.

Does anyone have this and willing to share it with me or point me in the right direction.

Thanks,
Russ

[DavidZ]

The standard code is available in editor in Formula/EFS2 Custom folder - customADXDM.efs
xPDI is pos DMI, xNDI is neg -- they are ploted separately. The spread you want is probably just the difference between them.

in JasonK file share

http://share.esignal.com/groupcontents.jsp?folder=&groupid=165

is adxdm4b2.efs , old backtest code system

another idea is to search for ADXDM in forum for some other discussions

good luck

[trader123]

DavidZ

Thanks I'll check this out.

Thanks
Russ