Re: [GT] ADX

[kw <gt AT netsrak.net>]

Hello GTers,
for checking Indicators one could use the chart-47 I proposed earlier or
one could rely on qtstalker (which would be a convenient way of checking
against ta-lib). 
Another option would be the yahoo chart-tool. 

At the weekend I asked my self if it would make sense to try to get a
swig wrapped ta-lib working in GT? I don't know if this can work either?

What's interesting as well is to pull the ta-lib svn sources, cause
there are Excel implementations for many indicators included.

regards,

K.


On Mon, 2008-03-03 at 00:21 -0600, Weigert, Thomas wrote:
> Does anybody know a reliable way of checking the behavior of the ADX
> indicator?
> 
> As implemented it does not match the corresponding indicators in tools I
> have access to (Metastock, EclipseTrader, TA_LIB). Note that none of
> these agree with each other either.
> 
> I reimplemented it based on the description that I found in metastock,
> but that does not match the original implementation, nor the other ones
> listed above either.
> 
> I realize that there might be differences due to whether Wilder's
> smoothing is used or EMA or SMA, but the values obtained in the various
> implementations are too inconsistent.
> 
> I am attaching my new version, if you care....
> 
> Th.