ADX indicator

jlboxster · #1 04-10-2008, 03:28 PM

Hi Eugene,

The Average Directional Movement Index on MT4, perimeter setting is at default, 14. When i plot it on my chart, the ADX shown differently from my other charting software (Fibonacci trader charting software). The setting is the same as MT4 too. What's happening? How can i get the same setting from Fibotrader software to load into the MT4? Thanks for advice.

EugeneFXI · #2 04-10-2008, 04:08 PM

Hi JL!

I don't have Fibonacci Trader available, so is there any chance you could post a screenshot of what your ADX looks like on MT4 and what it looks like on Fibonacci Trader?

Thanks!

jlboxster · #3 04-10-2008, 05:25 PM

Hi Eugene!

How do i attached my GIF image fm my computer?

EugeneFXI · #4 04-10-2008, 05:29 PM

Hi JL,

From the forum FAQ:

Quote:

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jlboxster · #5 04-10-2008, 05:32 PM

From the MT4 chart, the ADX is showing at 47. But on Fibo chart, the ADX is around 30.

jlboxster · #6 04-10-2008, 05:40 PM

btw, a few question on MT4 chart.
1) Can the crosshair on the one chart, to be link on all time frame. Say i have a few time frame on my screen and i want the crosshair to be shown on all charts.
2) There is a priceline on the chart whenever there is price changes, can i disable it?
3) Can i set the time on the chart to GMT or whichever time set i want?
4) Can i link the trendline or fib line on one chart to all the other time frame charts?

Thanks for help.

manni2 · #7 04-11-2008, 10:52 AM

Look here:

http://forums.fxinstructor.com/showt...ghlight=manni2

MT4 uses a different calculation for ADX than Welles Wilder did.

manni2