Morning all,
Dale, some valuable insights there. Thanks for that post. Very informative.
Nick, I agree with Dale that the values on Oanda and MT4 are ADX and not ADXR. But... what I noticed on Oanda, is that the ADX value always appears to be good bit lower than what appears on say, MT4, Delta and GCI. Just take a look and at any chart and you will see. Like Dale suggested, we could take the time to manually calculate it, but I haven't done that to date (lazy bugger that I am
). During the PSAR thread I think we had the same problem with the PSAR dot appearing on some platforms and I reckon the differences are due to the following:
a, Candle open/close times.
b, Sunday Candles, No Sunday Candles
c, Calculation is screwed up.
For what its worth, right now I am using Oanda just place my trades, but using charting at the other brokers.
Thanks
Boca