I am currently working on a set of data on excel, which is not displaying a significant pattern. As a result the MA rules applied are not working. I would like to apply the Directional Movement Index (DMI) to the data, then the Average Directional Movement Index (ADX) but am unable to as I do not have the add-in function nor am I sure what is the simplest formula to use. Any suggestions as to which is the simplest formula I could use for the DMI and the ADX? Thank you.
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9/11/06 at 4:32pm