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  • ADXIndicator

    Is it possible to have an ADX indicator without DMI?

  • #2
    gholden1
    Right click on the indicator select Edit Studies and then check/uncheck whatever it is you want to see/hide
    Alex

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    • #3
      Alex,

      I am trying to minimize the amount of strain and drain I put on my PC with stuff I do not use. Is it possible to do more than you posted below? I not only do not want to see DMI +/- while still seeing ADX, but I do not want them calculated in teh background. Is it possible to eliminate them from the code or from being calculated? Thanks a ton.

      Comment


      • #4
        trend
        The ADX is based on the DMI+ and the DMI- so their calculations are required regardless of the fact that you may not want to display them.
        For a complete description of how the ADX is constructed you may want to reference Welles Wilder's book "New Concepts in Technical Trading Systems"
        Alex


        Originally posted by trend
        Alex,

        I am trying to minimize the amount of strain and drain I put on my PC with stuff I do not use. Is it possible to do more than you posted below? I not only do not want to see DMI +/- while still seeing ADX, but I do not want them calculated in teh background. Is it possible to eliminate them from the code or from being calculated? Thanks a ton.

        Comment


        • #5
          I was just posting to forget my post. I just read that "The ADXR is a measure of the spread between the Directional Indicators (+DI and -DI). When the ADXR is declining, it's not advised to use a trend following system. However, a rising ADXR signals that the dominant trend is likely to continue."

          Thanks anyway for the help.

          Comment


          • #6
            trend
            You are welcome
            Alex


            Originally posted by trend
            I was just posting to forget my post. I just read that "The ADXR is a measure of the spread between the Directional Indicators (+DI and -DI). When the ADXR is declining, it's not advised to use a trend following system. However, a rising ADXR signals that the dominant trend is likely to continue."

            Thanks anyway for the help.

            Comment

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