I use the IWM  Russell 3000 Index
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Makes sense thanks for the explaination., maybe something you guy's can put on the bin list for future enhansements.
Have a good weekend,
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Bruce, how can you start the moving average Indicator , see below the 200d SMA and 200d DEMA,
at the beginning date of the graph instead of the offset time to construct the moving average..
Would setting a negative offset be the way? Or is it just shifting the average to a different place in time.
thnx
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Bruce,could you please send me the latest TTM squeeze, mine is from 2016.
Thankyou, Happy Thanksgiving
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Thanks Bruce I will go through through your great analysis. Be back in about a month or so... :)
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Bruce you are amazing, I went through the code to understand, since worden has ADX as a built in didn't know how to handle it. But let me see if I understand it.
So,
1. ADX = 100* EMA(ABS((+DI minus  DI)/+DI plus DI))
2. +DM = C(H)C(H,1)  Positive Directional movement
3.  DM = C(l)C(l,1)  Negative Directional Movement
4. If +DM>0 and DM then + DM, else 0
5. If DM >0 and +DM then DM, else 0
6. +DI = 100* EMA(+DM/ATR(x)) where ATR is XAVG(ABS(XAVG(MACD12.26, 9)  XAVG(MACD12.26.1, 9)), 27), 27)????  is this the Average True Range formula?
7. The MACD's are used as the moving average crossovers I presume.
If you look at the plot it doesn't make sense at #1 and #2.
Maybe #1 needs more data prior to the swing up. But 2 looks divergent with what I expected.
I did not modify any time frames until I understand the logic.
Any thoughts on the plot?
Thanks
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Thanks Bruce and next time you are on vacation don't check this site.... :)
Will give it a shot...
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Bruce  here's what I did, I must of misunderstood your directions cause I'm not getting an indicator display.
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Bruce, sorry for not providing more details..
"The filter(ADX) is applied to the slow moving average and reduces the likelihood of reducing false crossovers signals. Because minor fluctuations about the slow average are relatively constant in amplitude, the filter is calculated as a percentage slightly greater than the normal amplitude fluctuation".
ref: Market Timing and walk foward optimizing, Charles D Kirkpatrick
So as I read this and try to answer your question, I beleive it's ADX applied to SMA of Price.
Hopefully this helps...
Thanks
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