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#1 |
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Junior Member
Join Date: Apr 2008
Location: NYC
Posts: 5
Thanks: 0
Thanked 0 times in 0 posts
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I'm working on a system that uses ADX with +DI & -DI.
My question is : Is there a standard indicator or approach to calculate the slope or the speed of a rising ADX indicator? Obviously, if ADX rises from a value of 30 to 40 in a 2 minute time frame vs a 30 minute time frame, that would indicate a significant difference in the immediate strength of the move. I'm assuming this would reflect in the slope value of the adx ( as in, a higher slope equating to a faster rising value) - just not sure how to programmatically calculate that . Or - is there another another standard indicator that I could use in conjunction with ADX / +DI & -DI to measure this? Thanks Devon |
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#2 |
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NinjaTrader Product Manager
Join Date: May 2007
Location: Denver, CO
Posts: 17,458
Thanks: 1
Thanked 107 times in 70 posts
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Devon,
You could try using the Slope() method. http://www.ninjatrader-support.com/H...eV6/Slope.html
Josh
NinjaTrader Customer Service |
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#3 |
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Member
Join Date: Dec 2008
Location: Northern California, USA
Posts: 35
Thanks: 0
Thanked 0 times in 0 posts
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Hey devonkyle,
Just wondering how the adx indicator worked out. I'm just starting some research on this indicator and it looks like you've got a good start. Thanks, Jeff |
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