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!
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 script plots the Bollinger Bands and confirms entry and exits by using RSI values, Stoch, and ADX Curve. Works on any time-frame. The scope of the script is to reduce the number of fake breakouts to prevent further declines when entering positions. Often times when using Bollinger bands, a close below the lower band presents a buying opportunity but there is...
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...
- ADX DMI DINGUE - Français (bottom) / English The best baddest - The Ultimate ADX DMI indicator for you to use. Good to clearly see who's in control. Bear Bull Includes : - 3x ADX - 3x DMI - 3 line system which uses DMI calculation and put it in a single line instead of positive / negative. Manual or Auto settings which adjusts length based on time frame...
This is a DMI+ADX with colours based on the slope of the plot, with Fibonacci levels. It makes it easier to see what is happening with a quick glance. I have also added Fib levels as an experiment, but when doing some backtesting they seem to line up reasonably well with past price movements. They can be used to see possible reversal areas, or as thresholds to...
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.
Hello The indicator measures the relationship between Average True Range (ATR) that shows how much an asset moves, on average, during a given time frame and Standard Deviation that measuring how widely asset prices are dispersed from the average price. If prices trade in a narrow trading range, the relationship between the ATR and SD will return a low value that...
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...
Why this script This script will display the buy or sell signals received from indicators, super trend, adx, rsi, macd, sma, and floor pivots along with some tweaked calculations and fixed numbers. This is useful for beginners who want to study the signals and timing to practice. This script is created for educational purpose and can be used for intraday scalping...
A simple BUY/SELL algorithm based on Moving Averages (EMA), MACD, RSI, Stochastic, ADX, ATR, CCI, OBV, Pivot Points, and Parabolic Sar, and Volume averaged. Simple algo that uses multiples indicator strengths and weight them to generate buy and sell signals Indicator strengths are displayed on each candle (green is bullish and red is bearish) Green Buy...
Bar colors based on ADX and DI strength. How to study: ADX is less then 20 (adjustable value) is SILVER (no trend) ADX >0 and DI delta (DI plus - DI minus) is >0 color LIME (trend up) ADX>0 and DI delta <0 color RED (trend down) ADX cross ADX Index ( adx+adx 14 period back)/2 color is BLACK and means start/end of trend Converting the ADX into Bars for ease of...