Cant get ADX indicator to return values matching the CTrader charts
19 Nov 2024, 11:21
Dear Experts
I'm writing a cbot where i want to use ADX to read trend direction and strength. The issue is that the values ADX is returning are not matching those on the chart.
I read in the indicators library that ADX and chart are both using Welles Wilder method. But they dont seem to match.
I use the 15 minutes timeframe.
Any advices please
using System; using cAlgo.API; using cAlgo.API.Collections; using cAlgo.API.Indicators; using cAlgo.API.Internals;
namespace cAlgo.Robots { [Robot(AccessRights = AccessRights.None, AddIndicators = true)] public class TextADX : Robot { public string Message { get; set; } private DirectionalMovementSystem _directionalMovementSystem;
// ADX period private const int AdxPeriod = 14;
protected override void OnStart() {
// Initialize Directional Movement System _directionalMovementSystem = Indicators.DirectionalMovementSystem(AdxPeriod);
Print($"ADX Period: {AdxPeriod}"); Print($"Timeframe: {TimeFrame}"); } protected override void OnBar() { // Ensure we have enough bars to calculate ADX values if (Bars.Count < AdxPeriod + 1) { Print("Not enough bars to calculate ADX values."); return; }
// Calculate values for the last completed bar double adx = _directionalMovementSystem.ADX.Last(1); double positiveDI = _directionalMovementSystem.DIPlus.Last(1); double negativeDI = _directionalMovementSystem.DIMinus.Last(1);
Print("====================================================="); Print($"Bar Time: {Bars.OpenTimes.Last(1):yyyy-MM-dd HH:mm:ss}"); Print($"Directional Movement System Values:"); Print($" ADX: {adx:F2}"); Print($" +DI: {positiveDI:F2}"); Print($" -DI: {negativeDI:F2}"); // Print($"Average Directional Movement Index Rating (ADXR):"); //Print($" ADXR: {adxr:F2}"); Print("====================================================="); }
PanagiotisCharalampous
19 Nov 2024, 11:28
Hi there,
Can you share screenshots showing what you are comparing?
Best regards,
Panagiotis
@PanagiotisCharalampous