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ADX /DMI in Telechart Rate this Topic:
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maxirich
Posted : Tuesday, June 5, 2007 9:02:03 AM
Registered User
Joined: 1/11/2005
Posts: 10
In applying this indicator in Telechart two options are provided. One labled DX Period and the other Average Period. Which of these variables are applied to calculate for ADX and which is applied to calculate for the two DMI lines?
patrickargogmail
Posted : Tuesday, June 5, 2007 9:03:11 AM
Registered User
Joined: 5/23/2007
Posts: 4
From the help files...

DX Period - Period used in computing the DX, and its component +DI, and -DI values.

Avg Period - Used to apply a smoothing to the DX, which results in the ADX value.

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