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 Gold Customer
Joined: 11/22/2008
Posts: 23
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Hi,
I use SF and like the way it plots DMI and ADX.
1) D+ and D- values are displayed as integers. What method does it use? Specifically "round", "roundup", "rounddown" or "integer" to derive at a non-decimel numers?
2) Under ADX it does not use "Wilder's smoothing" as default but uses "simplified moving average - internally rounded". What does it mean. Does it mean that it claculates SMA of ADX and then rounds it to integer. If so, What is "internally" rounded?
many thanks.
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Worden Trainer
Joined: 10/7/2004
Posts: 65,138
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A Simplified Moving Average is not a Simple Moving Average. In fact it is a type of Exponential Moving Average and is just a different name for Wilder's Smoothing. The only difference between Simplified Moving Average - Internally Rounded and Wilder's Smoothing is the Internally Rounded part.
Simplified Moving Average - Internally Rounded uses the Round method set to AwayFromZero to round to an Integer to create every Value and uses the previous rounded Value of the Moving Average as the past Value in calculating the Value for each Bar.
+DI and -DI use Wilder's Smoothing that is not Internally Rounded and only uses the Round method set to AwayFrom Zero to round to an Integer at the very last step before outputting the +DI and -DI. The previous unrounded Value of the Moving Average is used as the past Value in calculating the Value for each Bar.
-Bruce
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Gold Customer
Joined: 11/22/2008
Posts: 23
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Thank you bruce. That helps a lot. In worden's online "freestockcharts" the adx has DI and smoothing choices. If i want to recreate 14 bar "Wilder's smoothing ADX" (the one with the decimals) from SF on online freestockcharts what do I have to do with DI and smoothing inputs?
Many thanks.
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Worden Trainer
Joined: 10/7/2004
Posts: 65,138
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There is no way to match those settings in either FreeStockCharts.com or the TC2000.com version 11 beta as the smoothing type is not adjustable.
-Bruce
Personal Criteria Formulas
TC2000 Support Articles
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Gold Customer
Joined: 11/22/2008
Posts: 23
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Many thanks.
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Worden Trainer
Joined: 10/7/2004
Posts: 65,138
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You're welcome.
-Bruce
Personal Criteria Formulas
TC2000 Support Articles
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