iCharts Discussions

trendy · White Belt Joined: 16 Oct 2006 Posts: 40

Swingtrader,

DMI values in Jcharts are not matching with Charts premium ADI.

For Nifty - 25/11
Jcharts - DMI - 15.17
CP - ADI - 27.61

Similarly +DI and -DI values are also not matching.

Which chart is showing correct values or are they different indicators ?

Note: Both the charts are set for 1yr timeframe and Indicator values are set to 14.

trendy · White Belt Joined: 16 Oct 2006 Posts: 40

Swing trader - awaiting reply on this.

Thanks,
Diwakar

SwingTrader · Posted: Mon Dec 07, 2009 7:47 pm Post subject:

JCharts & our plain image charts (charts premium, charts, live charts) use two different computation methods. JCharts is a readymade tool we bought so we have absolutely no idea what computation methods are used in jcharts so we cannot comment on it.

But we are aware of the difference but can't do anything about it.

trendy · White Belt Joined: 16 Oct 2006 Posts: 40

Swing trader - thanks for response.