The Elite Circle - Multi-MA DMI

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Multi-MA DMI

Hi guys,

With the help of Fat Tails, managed to get a Multi-MA DMI that uses the different MAs for the calculations of ADX, DM and ADXR.

From Fat Tails:

Quoting

For the Period & Wilder's period

If you select "EMA / Wilder's period = true / average period = 14", then you will get the original ADX. The "Wilder's period = true" setting internally converts the period 14 to the value 27, which is then used by the moving averages.

If you select"EMA/Wilder's period = false/ average period = 27", then you will also get the original ADX. This time there is no conversion, but an EMA(27) is used, which is identical with the Wilder's average(14).

Some of Moving Averages:
Butterworth Filter
DEMA
Ehlers Filter
EMA
Gaussian Filter
HoltEMA
LowLag MA
SMA
SuperSmoother
T3
TEMA
TMA
VIDYA
VWMA
WMA
ZeroLag MA

You can specify the thresholds of the upper and lower lines, as well as the colors for the various DM and ADX lines (transparent if you don't want to see them).

Enjoy! =)

P.S. Click the Thanks button if it was helpful to you =)

Category The Elite Circle

Details: Multi-MA DMI
Category: The Elite Circle

April 21st, 2013
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