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Profile: nowornever
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User Name: nowornever
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Joined: Wednesday, July 5, 2006
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Topic: ADX Directional Movement
Posted: Monday, August 7, 2006 10:37:40 PM
Hello Bruce,

I read your post on how to scan for ADX +DI/-DI crossings using PCF's. I am trying now to create a more accurate scan using the TC2000 developer's kit. My question is in TeleChart the ADX lines look different in 1-day versus 9-day candle-bar charts; exactly what calculations are going on? For example, does the 9-day plot show every 9th day of the 1-day ADX values or is a 9-day simple average being computed or what?

Gloria


QUOTE (Bruce_L)
Probably the easiest way to do this would be to implement Tanstaafl's post of Wednesday, December 15, 2004 7:35:09 AM in PCF for Wilder's Directional Movement DMI-crossovers and sort an EasyScan containing one of the following Personal Criteria Formula:

Price vs 200-Period SMA:
C/AVGC200

Price vs 200-Periad EMA:
C/XAVGC200

Conditions for first EasyScan:
Price vs 200-Period MA: Value: 1 to MAX

Conditions for second EasyScan:
Price vs 200-Period MA: Value: Min to 1

The following videos show how to create PCFs, EasyScans and sort Indicators:

How to create a Personal Criteria Forumula (PCF)
Using EasyScan to find stocks that meet your own criteria
Sorting price and indicators by their Actual Value