Şimdi başlat

Yönsel Hareket Endeksi (DMI)

(JS)DMI BarsAlright - so this is my own version of John Carter's "10x Bars"... I have done multiple things that are different from his version so they are slightly different.. So first of all the main indicator is based off of the ADX and the DMI; For those who aren't familiar with it, Directional Movement is what you'd pull up under "built-in's" from the indicators tab (if you want to check it out). The standard interpretation of this however, is when the ADX is above 20 that suggests the trend is strong, whereas under 20 suggests it is weak. Also, when the D+ is above the D- that suggests a bullish trend, and D- above D+ suggests a bearish trend. These bars take away the need to have it at the bottom of your screen, and places the data on the bars on your chart instead. ========================================================================================================================================= So here's what the colors stand for - Yellow - The ADX is under 20, no strength in trend Shades of green occur when the ADX is above 20 and there's a bullish trend (D+ higher than D-) Bright Green (Lime) - Bullish trend, D+ above 30 Green - Bullish Trend Yellow Green - Bullish trend, D+ below 15 Shades of red occur when the ADX is above 20 and there's a bearish trend (D- higher than D+) Bright Red - Bearish trend, D- above 30 Red - Bearish Trend Orange - Bearish trend, D- below 15 ========================================================================================================================================= I have also added multiple time frame labels (label script used is the one created by Ricardo Santos) These labels are color coded the same as the bars/candles, and they appear off to the right of your screen using every built in time increment from TradingView. The purpose is to show you in real time, and on any chart resolution, what the current trend is on every individual time frame. So using just one single chart you'll see your current resolutions candles, but also on the labels you'll see: 1 Minute 3 Minute 5 Minute 15 Minute 30 Minute 45 Minute 1 Hour 2 Hour 3 Hour 4 Hour Daily Weekly Monthly There is an input I added that allows you to adjust where your labels appear on the side of your screen as well! ========================================================================================================================================= Now onto the volume spike portion of the indicator. This will plot a blue dot under each bar that has a spike in volume which meets your specified criteria. I have 500% as the default setting. What that means is that this indicator looks back and gets the 50 bar volume average and then applies dots where volume is 500% above average. ========================================================================================================================================= Now finally, the reversal arrows. This is another simple to understand concept that I first read in John Carter's book "Mastering the Trade" that he calls "HOLP/LOHP". I have added the ability to change the look back period you'd like the indicator to watch for highs and lows on. What that stands for is 'High of Low Period' and 'Low of High Period', and it is used like this- Whenever a bar makes a new high the indicator watches the low on that highest bar. Then when a bar afterwards makes a lower low then the one on the high bar, a reversal arrow is given. Apply this same concept in the other direction in for the highs on the lowest bars. ========================================================================================================================================= Now, I didn't want to make a "set" or have a bunch of different indicators out there that are all intended for the same package, so I took the time to put them together, and if there's a part of it you don't care for they can easily be turned off in the settings. Enjoy!
Pine Script® göstergesi
J-Streak tarafından
11
Mawreez' Trend OscillatorA positive reading indicates an uptrend, a negative reading indicates a downtrend. For an uptrend, increasing values indicate that the trend is sustaining or strengthening while decreasing values indicate that the trend is stagnating or weakening. Vice versa for a downtrend. When the indicator reads 0, the price is not trending. This indicator is based on the existing DMI indicator, but familiarity with the DMI is not required. The author's goal was to make a less laggy, more intuitively interpretable indicator compared to the DMI. A comparison to the DMI is given above. The reader may see for themselves that trends are recognized quicker. A technical rundown of adjustments made to the DMI is given below. Instead of interpreting the ADX, a sensitivity setting is added and its default value is 25. The value of this sensitivity setting is subtracted from the ADX. Then, any ADX values which fell below 0 are set to 0. Now, just flip the value of the ADX when the -DI is greater than the +DI. The result is then plotted as a histogram. In addition, this indicator has less lag between price action and trend recognition. This is achieved by removing the EMA applied to the ADX, and instead applying lag-free smoothing to +DI and -DI before computing the ADX and then once more applying lag-free smoothing to the result of the computation.
Pine Script® göstergesi
Mawreez tarafından
1
Crypto4Fun Gunbot Script #1This script provides a trigger for Gunbot (or any other bot) combining different indicators on 2 timeframes as follows : 1) on the timeframe of the chart : ichimoku and SMA-spread 2) on the higher timeframe : DI+ and DI- ==> you can select your preferred higher timeframe, preferrably higher than the timeframe of the current chart All parameters are configurable Workinstructions : Add the script to your chart Move the shown indicator to a window below Set the email alert as follows : 'plot' value crosses over 95 Feedback and suggestions are welcome
Pine Script® göstergesi
Crypto4Fun tarafından
Consolidation vs Trending ADX is used to quantify trend strength. ADX calculations are based on a moving average of price range expansion over a given period of time. The default setting is 14 bars, although other time periods can be used. ADX can be used on any trading vehicle such as stocks, mutual funds, exchange-traded funds and futures. ADX is plotted as a single line with values ranging from a low of zero to a high of 100. ADX is non-directional; it registers trend strength whether price is trending up or down. The indicator is usually plotted in the same window as the two directional movement indicator (DMI) lines, from which ADX is derived. When the +DMI is above the -DMI, prices are moving up, and ADX measures the strength of the uptrend. When the -DMI is above the +DMI, prices are moving down, and ADX measures the strength of the downtrend. ADX values help traders identify the strongest and most profitable trends to trade. The values are also important for distinguishing between trending and non-trending conditions. Many traders will use ADX readings above 25 to suggest that the trend is strong enough for trend-trading strategies. Conversely, when ADX is below 25, many will avoid trend-trading strategies. ADX Value Trend Strength 0-25 Absent or Weak Trend 25-50 Strong Trend 50-75 Very Strong Trend 75-100 Extremely Strong Trend
Pine Script® göstergesi
DarkSideTrader tarafından
5
DMI ADXThis is the combination of ADX and DMI. It will tell you about the trend strength. In easy language Green is for bullish , red is for bearish ,and third line which is of blue and yellow will tell you about the trend strength doesn't matter in which direction. Blue will tell you that trend is getting strength and vice versa for yellow. Keep an eye at crossovers. New scripts r ready just doing some last testing will be out soon just wait for some more time :) all the Scripts here will be free and always will be. For my Indian friends a special surpriszzz is coming soon ;) Hope you got my point. Happy trading :) 15min Chart 1Hr chart
Pine Script® göstergesi
CryptoAdrian tarafından
1
Strength & Directional Movement [CP]This my version of the ADX & DI indicator, fixed the code, ported to Pine Script v3 and loaded up with filters for your smoothing pleasure. I have some info below on how to read this indicator, be sure to take a look! Wilder’s DMI (ADX) consists of three indicators that measure a trend’s strength and direction. Three lines compose the Direction Movement Index (DMI): ADX (black line), DI+ (green line) and DI- (red line). The Average Directional Index (ADX) line shows the strength of the trend. The higher the ADX value, the stronger the trend. According to Wilder, a trend is present when the ADX is above 25. DMI values range between zero and 100. The Positive Directional Indicator (+DI) and Negative Directional Indicator (-DI) show the current price direction. When the DI+ is above DI-, current price momentum is up. When the DI- is above DI+, current price momentum is down. DI Crossovers: Traders could enter a long position when the DI+ line crosses above the DI- line and set a stop-loss order under the current day’s low. When the DI- line crosses above the DI+ line, traders could place a short position with a stop above the high of the current day. Irrespective of whether the trader takes a long or short position, the ADX should be over 25 when the crossover occurs to confirm the trend’s strength. When the ADX is below 20, traders should use trading strategies that exploit range bound conditions DI Contractions and Expansions: The DI+ and DI- line move away from each other when price volatility increases and converge toward each other when volatility decreases. Short-term traders could enter trades when the two lines move apart to take advantage of increasing volatility. Swing traders might accumulate into a position when the lines contact in anticipation of a breakout. The +DI generally moves in sync with price, which means the +DI rises when price rises, and it falls when price falls. It is important to note that the -DI behaves in the opposite manner and moves counter-directional to price. The -DI rises when price falls, and it falls when the price rises. This takes a little getting used to. Just remember that the strength of a price move up or down is always recorded by a peak in the respective DMI line. Reading directional signals is easy. When the +DI is dominant and rising, price direction is up. When the -DI is dominant and rising, price direction is down. But the strength of price must also be considered. DI strength ranges from a low of 0 to a high of 100. The higher the DI value, the stronger the prices swing. DI values over 25 mean price is directionally strong. DI values under 25 mean price is directionally weak.
Pine Script® göstergesi
Coinpocalypse tarafından
1
Contender 2 Directional movement indicator for assessing price direction and strength. DMI tells you when to be long or short, differentiating between strong &weak trends. DMI works on all time frames and applicable to any asset. DMI is a moving average of range expansion over an input period. The positive directional movement indicator ( +DMI ) measures how strongly price moves upward; the negative directional movement indicator ( -DMI ) measures how strongly price moves downward. The two lines reflect the respective strength of the bulls versus the bears. Which DMI lines is on top is the dominant DMI. The dominant DMI is stronger and more likely to predict the direction of price. For the buyers and sellers to change dominance, the lines must cross over. Added feature is Bollinger Bands to moderate signals.
Pine Script® stratejisi
epicau tarafından