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  • DMI Spread

    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

  • #2
    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

    is adxdm4b2.efs , old backtest code system

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

    good luck

    Comment


    • #3
      DavidZ

      Thanks I'll check this out.

      Thanks
      Russ

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