Announcement

Collapse
No announcement yet.

ADX Slope display on Advanced Chart

Collapse
X
 
  • Filter
  • Time
  • Show
Clear All
new posts

  • ADX Slope display on Advanced Chart

    Hello.

    The requirement is to compute net value of ADX (14 period) measured between completed and user selected price bar and the immediate previous price bar.

    The net ADX value is to be displayed on the Advanced chart, when user clicks on a completed price bar.

    A slope value of +0.25 or less indicates absence of trend and a price reversal is about to happen in next few bars.

    The strict criteria is for a reducing ADX slope.

    This is a perfect fit with reversal candles.

    I have learned the above Mr. Steve Nison DVD seminar.

    Appreciate if efs developer respond to my request please.

    Regards,

    Ashok

    [email protected]
    Last edited by ashok_kb; 03-14-2011, 10:36 PM.
Working...
X