ADXRaw

[Objektif]

By Equis International Metastock Indicators (http://meta-formula.com/cgi-bin/site.pl?url=http%3A%2F%2Fwww.equis.com%2Fcustomer% 2Fsupport%2F)
and published in the Oct99 TASC


http://www.hisse.net/okul/ms/adxraw.png




Periods:= Input("Enter time periods",1,100,14);

PlusDM:= If(HIGH>Ref(HIGH,-1) AND
LOW>=Ref(LOW,-1), HIGH-Ref(HIGH,-1),
If(HIGH>Ref(HIGH,-1) AND LOW<Ref(LOW,-1)
AND HIGH-Ref(HIGH,-1)>Ref(LOW,-1)-LOW,
HIGH-Ref(HIGH,-1), 0));
DIPlus:= 100 * Wilders(PlusDM,Periods) /
ATR(Periods);

MinusDM:= If(LOW<Ref(LOW,-1) AND
HIGH<=Ref(HIGH,-1), Ref(LOW,-1)-LOW,
If(HIGH>Ref(HIGH,-1) AND LOW<Ref(LOW,-1)
AND HIGH-Ref(HIGH,-1)<Ref(LOW,-1)-LOW,
Ref(LOW,-1)-LOW, 0));
DIMinus:= 100 * Wilders(MinusDM,Periods) /
ATR(Periods);

DIDif:= Abs(DIPlus - DIMinus);
DISum:= DIPlus + DIMinus;
ADXRaw:= 100 * Wilders(DIDif/DISum, Periods);

ADXRaw