[midulster]

kaalilaatikko,

I have the same concerns over the ADX calculations.

I have yet to find an indicator on ANY platform that seems to be calculate the same way that it is done in the book.

I made up an ADX worksheet in Excel that I believe replicates the calculations in the book, ie gives the same answers when I type in the example data. But when I put in some back data from my Alpari Metatrader into the Excel sheet it shows significantly different results from the Metatrader and Delta ADX indicators (which dont agree with each other either). And I don't just mean some rounding differences - it completely changes the signals you would be acting on. One indicator is saying a pair is trending while another indicator which is supposed to be carrying out the same calculation is says that same pair is ranging. Apologies and please feel free to slap me down if I'm bringing up a conversation that has been more that covered in the past but I dont see how time differences can account for that, maybe I'm missing something here but if for example the EURUSD happens to be strongly trending for traders in Europe how can it be ranging in the States?

I really admire the lighbulbs that Dale and yourself have been switching on for the rest of us and I worry that even if we come to a perfect understanding of what 'the man' intended for the use of ADX/ADXR we'll still be shooting through the fog if we dont have an accurate, consistent, reliable indicator for ADX/ADXR.

Now I usually find its best to start from the assumption that I'm wrong unless there is overwhelming evidence that I might be right, so I would like to ask a favour. You appear to have seriously good analytical and IT skills and I would be very grateful if I could send you my ADX spreadsheet to verify that it is or is not calculating ADX and ADXR in the same way as the book.

Thanks

Derek