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Worden Discussion Forum » Customer Training & Support » Ask a Trainer - TC2000 version 7 » ADX Line pcf...

ADX Line pcf... Rate this Topic:
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michaelfili
Posted : Sunday, July 15, 2007 6:56:51 PM
Registered User
Joined: 1/6/2007
Posts: 65
 Hi, I am in need of a pcf that will scan stocks for an unsmoothed 14 period ADX crossing up through the 20. I would also like to to scan for it crossing down through the 60 line. Please include short instructions on how to modify the various parameters of the pcf. Thank you so much for your help!

-Mike
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Bruce_L
Posted : Monday, July 16, 2007 8:31:36 AM


Worden Trainer

Joined: 10/7/2004
Posts: 65,138
 I do not know of a practical way to do this using TeleChart. The closest thing I can think of would be to use Indicator Sorting to find ADX near the desired values.

It is fairly straightforward using Blocks using the Directional Movement Strategy Conditions from the Web Library. You may wish to review the following:

Sorting by the ADX indicator
Average Directional Index (ADX)
PCF for Wilder's Directional Movement DMI-crossovers
PCF for Wilder's DX, and/or a CI for Wilder's ADX
-Bruce
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