Hello, This is the first indicator I have made and would like to contribute to the community. This strategy came from trying to replicate a previous ADX Cross Indicator that I loved on MT4 which I used successfully on EUR/USD on high and low time frames. Through the process of trying to replicate it I failed, I decided to take what I had written so far and create...
Max Saham's ADX line with D+ & D- ADX is used to quantify trend strength. When the D+ (+DMI) is dominant and rising, price direction is up. When the D- (-DMI) is dominant and rising, price direction is down. But the strength of price must also be considered. Uses Wilder's MA to get a more accurate ADX reading as compared to SMA. Also added the green...
How to Trade > Rising ADX of Vortex from 10 to 15 is trend building area to be noticed. > If ADX of Vortex is falling but above 10 and below 15 avoid trade in such case because even if signal is generated by cross over of Vi-Plus and VI-Minus it may not give good profit. > Once the position is taken and Price is steady but ADX of Vortex is falling then keep...
This goes with my MrBS:DMI+ indicator. I originally combined them into one, but then you cannot set alerts based on what the ADX and DMI is doing, only strategy alerts, so separate ones have more flexibility and uses. Indicator Version is found under "MrBS:Directional Movement Index " () //// THE IDEA The majority of profits made in the market come from...
I started this project with the goal of making a DMI/ADX that was easy to read at a glance. Its since become a little more then just colouring the slopes. The majority of the time, the best returns come from trending markets (THE TREND IS YOUR FRIEND... until the end) and I hope this helps people become good friends with the trends. ----- Features - A function...
I gathered all the signals coming from the MACD & Donchian channels indicators and filtered them with EMA 200 or ADX > 25 indicators (which both of them show the trend), and put them on the chart to show me the buy and sell signals; the signals rules are as following: BUY: when we have an uptrend ( the price is above the EMA 200 or ADX > 25 ) & the macd line...
The Average Directional movement indeX (ADX) is an indicator that helps you determine the trend direction, pivot points, and much more else! But it looks not so easy as other famous indicators. It seems strange or even terrible, but don't be afraid. Let's understand how it works and get its power into your analysis tactics. In the beginning, imagine a drunk man...
Use long and short moving average to look for a potential price in/out. (default as 14 and 7, bases on the history experience) ADX and DMI to prevent the small volatility and tangling MA. This script allows you to set the beginning & end time to test the bullish & bearish market. If you want an indicator version, here is it. Thanks.
COINBASE:BTCUSD BINANCE:BTCUSDT Use long and short moving average to look for a potential price in/out. (default as 14 and 7, bases on the history experience) ADX and DMI to prevent the small volatility and tangling MA. Test it in 4HR, "BINANCE:BTCUSDT" From 12/1/2017- 11/1/2020 (Mixed Bull/Bear market) Overall Profit: 560.89% From 1/1/2018 - 1/1/2019...
Inspired by the user scarf from Tradingview. In contrast with that other indicator, this one instead of a simple moving average (SMA) for the ADX calculations, uses a running moving average (RMA) or also known as Wilder's Average. I like having a histogram for the DI lines over just having lines alone because it makes it easier to see. In addition I made it so...
This is a usual ADX Indicator but the colors change when the next bar falls or grows from the previous bar. I think that the use of ADX can be maximized by seeing whether the movement is lower or higher than the previous like MACD Histogram. The ADX indicator is very powerful for driving long-term trends and is effectively used for 4-hour or 1-hour Time...
This strategy tries to mimic TradingLatino strategy. The current implementation is beta. Si hablas castellano o espanyol por favor consulta MENSAJE EN CASTELLANO más abajo. It's aimed at BTCUSDT pair and 4h timeframe. STRATEGY DEFAULT SETTINGS EXPLANATION max_bars_back=5000 : This is a random number of bars so that the strategy test lasts for one or two...
This study tries to highlight LazyBear Squeeze Momentum divergences as they are defined by TradingLatino TradingView user Squeeze momentum green peaks are connected by a line Associated prices to these green peaks are also connected If both lines have a different slope orientation then there is a divergence. It only shows two last divergence lines and...
Modified TradingView script for @bankniftydoctor's RDX strategy. Original script idea credits to @TheProfessorDev - I have modified the code to reflect core RDX strategy score, instead of the simplified one - Every bar (including ones in RSI 45-55) will display its RDX score. p.s .For the uninitiated, these number generated by this script are used for the RDX...
This is the ADX and DI+/- indicator applied to OBV! This really clearly shows up and down, but using VOLUME! Don't ignore it, there is too much information captured in the OBV. If you just love the ADX/DI format, it is included in a checkbox. Want some excellent background highlighting, turn in on in a checkbox. Shout out to some inspirations csw-dmi...
A handy all-in-one package for DMI and ADX Color-coordinated line for DMI with an EMA and histogram to gauge momentum, mark potential reversals, and quickly gather all the information you need to make your decisions. Quick take-aways: - Color of the ADX line indicates the current trend - An ADX below the EMA indicates a potentially falling/reversing trend -...