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ADX/ADXR Custom (Without Rounding)
Here are custom ADX and ADXR formulas that will plot the decimals afterthe calculation.
The built-in indicators plot exactly as Welles Wilder plots them inhis book, New Concepts in Technical Trading Systems. These custom indicators calculate the same way except they do not roundas Wilder does.

ADX Custom

Periods:=Input("Time Periods",1,100,14);
PlusDM:=If(H>Ref(H,-1) AND L>=Ref(L,-1), H-Ref(H,-1),If(H>Ref(H,-1)
AND L<Ref(L,-1) AND H-Ref(H,-1) > Ref(L,-1)-L, H-Ref(H,-1),0));
PlusDI:=100*Wilders(PlusDM,Periods)/ATR(Periods);
MinusDM:=If(L<Ref(L,-1) AND H<=Ref(H,-1),Ref(L,-1)-L,If(H>Ref(H,-1)
AND L<Ref(L,-1) AND H-Ref(H,-1)<Ref(L,-1)-L, Ref(L,-1)-L,0));
MinusDI:=100*Wilders(MinusDM,Periods)/ATR(Periods);
DIDif:=Abs(PlusDI-MinusDI);
DISum:=PlusDI+MinusDI;
ADXFinal:=100*Wilders(DIDif/DISum,Periods);
ADXFinal

 

e-w-ADX-ADX1.gif

 


ADXR Custom

Periods:=Input("Time Periods",1,100,14);
PlusDM:=If(H>Ref(H,-1) AND L<=Ref(L,-1),H-Ref(H,-1),If(H>Ref(H,-1)
AND L<Ref(L,-1) AND H-Ref(H,-1)>Ref(L,-1)-L, H-Ref(H,-1),0));
PlusDI:=100*Wilders(PlusDM,Periods)/ATR(Periods);
MinusDM:=If(L<Ref(L,-1) AND H<=Ref(H,-1),Ref(L,-1)-L,If(H>Ref(H,-1)
AND L<Ref(L,-1) AND H-Ref(H,-1)<Ref(L,-1)-L, Ref(L,-1)-L,0));
MinusDI:=100*Wilders(MinusDM,Periods)/ATR(Periods);
DIDif:=Abs(PlusDI-MinusDI);
DISum:=PlusDI+MinusDI;
ADXFinal:=100*Wilders(DIDif/DISum,Periods);
ADXRCustom:= (ADXFinal+Ref(ADXFinal,LastValue(1-periods)))/2;
ADXRCustom

 

e-w-ADX-ADX2.gif
Source / From: TOP
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