ADX default indicator: different look in different system

[bodybody]

Hi,

I found very interesting : that when put ADX indicator( 20) to different system will show 2 different curve.

Marketscope = Metatrader
Metastock = Saso

I wonder which one is correct or better
and
what is different formula code between them?

[Nikolay.Gekht]

There is no such thing is a "correct" for many indicators. So, the choice of the formula is completely up to your personal custom.
You could also take a look at VTTrader version of the ADX (more properly at the Marketscope's ADX implementation which has the same formula as VTTrader):
viewtopic.php?f=17&t=511

[bodybody]

Ths for your advices.

[bodybody]

Good reference!!!

Many thanks,

[Nikolay.Gekht]

You're welcome

This is why an ability to have custom indicators is so important. Too much ideas, too much different tastes and approaches.

[bodybody]

Yeah, sure.
Have the ability to write custom indicator really faciliate analyse.