Simple table to show the values for indicators which can be used to initiate trades: RSI: Long above 55 // Short below 45 // Choppy between 45-55 DI+: Long above 25 DI-: Short above 25 Note when to avoid trend trades: - If DI+ and DI- are both below 25 then market is choppy - If RSI is between 45-55 then market is choppy
Stochastic and ADX (not plotted) DI positive and negative combined. This is done to remove the lines of DI +/- and make chart cleaner with just single point plot showing DI crossing. DI + above DI - = Green dot shown (bullish signal) DI + below DI - = Red X-cross shown (bearish signal) Enjoy!
We display here the ADX has a colored histogram, which is - green when ADX and DI+ are higher then DI-, while the ADX is increasing, meaning that we are in a potential uptrend--> we should rather be long (only buy if you have other concordant signals !) - red when ADX and DI- are higher then DI+, while the ADX is increasing, meaning that we are in a potential...
Basic ADX DI with colored bars to show buy and sell signals , made for 1min but shows general signals of strong or weak buy and sell signals. Dark Red = Heavy Signal Light Red = weak signal green = buy signal
Uses 6 most common indicators to color candles when they give buy/sell signals. Use line view to see candle colors. Purple = 6 buy signals Teal = 5 buy signals Navy = 4 buy signals Lime = 3 buy signals Green = 2 buy signals Pale Green = 1 Buy signal White = neutral Gray = 1 sell signal Yellow = 2 sell signals Orange = 3 sell signals Red = 4 sell...
we change the way that hoe the adx and di shows. the background shows the adx. the red color means di+di-.
An easier to read implementation of ADX and DI, with colour indicating direction of trend, oscillator indicating strength of trend, and below threshold shown with a lack of colour (black).