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Worden Discussion Forum » Customer Training & Support » PCFs, EasyScan and Custom Indicators » ADX(10,10)

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andrepare
Posted : Thursday, November 3, 2011 6:49:55 AM
Registered User
Joined: 12/26/2009
Posts: 50
 I would like to be able to scan (or rank a watch list) by ADX(10,10). Does anyone know how to build a pcf using TC. Thanks,
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Bruce_L
Posted : Thursday, November 3, 2011 8:21:31 AM


Worden Trainer

Joined: 10/7/2004
Posts: 65,138
 It is possible to identify the crossover of the +DI and -DI or determine their values using a PCF as long as the DX period is know.

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

I am not aware of a practical method of creating the ADX line itself as a Personal Criteria Formula. It is possible to sort by ADX using Indicator Sorts however in both TC2000 version 7:

Sorting by the ADX indicator
Average Directional Index (ADX)

And TC2000 version 12:

Indicators, Sorting & Scanning
-Bruce
Personal Criteria Formulas
TC2000 Support Articles
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