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RE: [EquisMetaStock Group] re: rounding ADX



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Just fyi, as noted before, Welles Wilder's original formulation of ADX
deliberately rounded to whole numbers. If you want to use the ADX as a major
component of your trading it is well worth reading his 'New Concepts in
Technical Trading Systems'.

Andrew

-----Original Message-----
From: equismetastock@xxxxxxxxxxxxxxx [mailto:equismetastock@xxxxxxxxxxxxxxx]
On Behalf Of Roy Larsen
Sent: Sunday, June 10, 2007 7:59 PM
To: equismetastock@xxxxxxxxxxxxxxx
Subject: Re: [EquisMetaStock Group] re: rounding ADX

Hi Shelly

Yes, the MS ADX() function does round to whole numbers. It also rounds PDI()
and MDI()





 
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