Formulas

[mmcdonald]

Hello,

I would like to know how you are calculating the DMI and ADX as I like to do them manually to get the feel of what they are telling me.Thank you.

[JayF]

I am in process of researching this for you. In the interim, here are some good links on Directional Movement.

http://www.stockwerld.com/directional_body.htm

http://www.marketscreen.com/help/atoz/default.asp?Num=42

[mmcdonald]

RE: Reply to post 'Formulas'

Hi Jayf,

Thank you for your reply.The only problem with these to sites is that they
do not explain the formula (for DMI/ADX)that esignal is using.I t just talks
about how to use it which is NOT understanding it.I would really like to get
the actual formula to calculate it manually.Thanks again.

Regards,

M McDonald

-----Original Message-----
From: [email protected] [mailto:[email protected]]
Sent: Monday, June 09, 2003 4:11 PM
To: [email protected]
Subject: Reply to post 'Formulas'


Hello mmcdonald,

~~~~~~~~~~~~~~~~~~~~~~~~~~~~

[DionLoy]

I believe this URL gives an explanation of the algorithm behind ADX:

http://www.futuresource.com/reference/studies.jsp?study=DMI

[mmcdonald]

RE: Reply to post 'Formulas'

Hello DionLoy,

Thank you very much.

Regards,

M McDonald

-----Original Message-----
From: [email protected] [mailto:[email protected]]
Sent: Wednesday, June 11, 2003 1:46 AM
To: [email protected]
Subject: Reply to post 'Formulas'


Hello mmcdonald,

~~~~~~~~~~~~~~~~~~~~~~~~~~~~

[uboinc]

Has anyone done any work on efs or backtesting the angle of change in dmi+/-, and price action in relation to angles? ive been using that as a key trigger to trade off of for years, but coding is beyond my scope for now...but im working on that!


thanks,

UBOINC

[Doji3333]

Please explain...

If you give me more detail on what you are interested in doing, I can create something that you can back-test...

Brad

[uboinc]

Brad,

I sent a long winded responce via email thru esignal O

UBOINC