I need to calculate ADX in Excel - Please help me | Forex Factory

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I need to calculate ADX in Excel - Please help me

  • #1
  • First Post: Sep 20, 2015 9:49am Sep 20, 2015 9:49am
I need to calculate ADX in excel. The problem which I am facing is that the values which return in the Average Directional Movement Index in Metatrader 4 do not match with the values in the excel sheets & excel formulas available over the internet.

If anyone have excel sheet calculation of the ADX indicator which matches the result of ADX 14 in Metatrader 4, I will be highly obliged if you may share it.
  • #2
  • Sep 20, 2015 8:26pm Sep 20, 2015 8:26pm
Quoting iwishtowin
I need to calculate ADX in excel. The problem which I am facing is that the values which return in the Average Directional Movement Index in Metatrader 4 do not match with the values in the excel sheets & excel formulas available over the internet. If anyone have excel sheet calculation of the ADX indicator which matches the result of ADX 14 in Metatrader 4, I will be highly obliged if you may share it.

this may help ? http://technical.traders.com/traders...ay.asp?art=278


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  • #3
  • Last Post: Sep 24, 2015 8:21am Sep 24, 2015 8:21am
thanks but i have applied this ADX formula in excel. It does not give the same result as ADX (14) gives in Metatrader 4. The result is incorrect.
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