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MACD for 2 ADXs Rate this Topic:
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Posted : Saturday, September 15, 2012 1:56:12 PM
Gold Customer Gold Customer

Joined: 7/28/2011
Posts: 14

Hi, I have 2 ADX lines plotted, and what i want to do is create a PPO or MACD of the 2 ADX lines. Basically I want to see if the shorter term ADX is increasing faster than the longer term ADX line. I feel I could create a PCF of this myself but I am not sure how to calculate ADX itself. I would prefer a PPO of the two lines if this is possible. I am using a 7 and 14 period ADX. Thanks.

Posted : Monday, September 17, 2012 9:04:35 AM

Worden Trainer

Joined: 10/7/2004
Posts: 64,759

I cannot think of a way to do this in either version of TC2000 (it is possible in StockFinder however).

It is possible to create Personal Criteria Formula based on DMI or DI.

PCF for Wilder's Directional Movement DMI-crossovers
PCF for Wilder's DX, and/or a CI for Wilder's ADX

But it is not possible to create a PCF for ADX itself which is short enough to be practical or post in the forums.

Personal Criteria Formulas
TC2000 Support Articles
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