ADX Indicator – Incorrect Readings

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  • 04/06/2017 at 4:33 PM #31274 quote
    deletedaccount14122020
    Participant
    New

    Hello,

    I’d be interested to know if any other user who has the ADX Indicator (in built by ProRealTime) either being used by a Pro Screener or an automated trading system is having similar problems to me.

    As of today the values in ProScreener are different from those being displayed on a chart and different from those being used by my trading system.

    Example is AUD/JPY currency pair. On ProScreener (as of 1630BST) (6th April) the ADX shows 24.4 on ProScreeners. On my chart the value is 35.55. Also because my system initiates trades when the ADX is 35 or over the ProBuilder must be using the second value as a trade has just been triggered.

    I’ve reported this to ProRealTime and am awaiting a reply

    Thanks

    04/06/2017 at 4:40 PM #31275 quote
    deletedaccount14122020
    Participant
    New

    As a follow up I’ve just checked the ADX readings on the IG.com charts and they agree with the values on the charts and ProBuilder so it seems ProScreener is wrong.

    04/09/2017 at 3:44 PM #31514 quote
    Derek
    Participant
    Veteran

    Hello Trendranger,

    every single time I have encountered problems like this with ProScreener it had something to do with the time settings for the specific market I was comparing the screener results to.

    Have you made any changes to the trading hours or are weekends deactivated? If yes, try resetting the values to standard.

    Hope this helps.

    Nicolas thanked this post
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ADX Indicator – Incorrect Readings


ProBuilder: Indicators & Custom Tools

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deletedaccount14122020 @deletedaccount14122020 Participant
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This topic contains 2 replies,
has 2 voices, and was last updated by Derek
8 years, 10 months ago.

Topic Details
Forum: ProBuilder: Indicators & Custom Tools
Language: English
Started: 04/06/2017
Status: Active
Attachments: No files
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