Adx formula for Excell
- There are no "formula" experts here - this is a user's forum. You want definitive ask the service desk.
- Can someone please advise where I send a Request for Support to Metaquotes. - MQL4 forum
- Get in touch with developers using Service Desk! - MQL5 forum
- Report it to the service desk. 'MQL5.community - User Memo' - an article about the algorithmic/automated trading in MetaTrader
- Report it to the Service Desk, not us users.
- Free download of the 'Standard ADX Indicator with Time Frame Setting' indicator by 'satop' for MetaTrader 4 in the MQL5 Code Base shows that it uses EMA for the averages.
- Average directional movement index - Wikipedia, the free encyclopedia states that Wilder used a smoothed/modified moving average MMA(x) == EMA(2x-1)
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Hi, our ADX values that we obtained by entering Wildes formulas (about 15 formuals to get to the final adx values)are almost the same as Metatrader, but not quite. we are doing our own software and backtesting using the ADX (dm+ and dm-) on excell spreadsheets. we need Meta traders ADX excell spreadsheet formulas so that we can insert these correct values in our backtesting. The formulas on the internet are working but our end ADX result is slightly different to MetaTrader 4 ?
Please get your "formula” expert to email us the excell spreadsheet for formuals that lead to the final ADX values that Metatrader uses. Thankyou