This is the standard ADX & DI indicator, but combined in a single line, changing color when a trend changes and changing value when the trend is strong.
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...
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This Adx +-Di is just a complete version of what the ADX is supposed to signal. So you have: 15 (contraction), 20 (threshold), 30 (expansion), 40 (resistance) levels. Below 20 the price is not trending Above 30 the price is trending Below 15 price has been in contraction for too long Between 20 and 30 price is in a "transition zone". I finally added a...
This bad boy shows the same info as a normal ADX & DI but I've endeavoured to remove a lot of the confusion. I also added red/green colour gradients to show how much ADX is trending, the darker the colour, the stronger the trend. This should help to avoid the upsidedowniness and confusion I've always found with the original. I made this a while ago and have made a...
Цвет бара показывает текущий тренд. Красный - падающий, зеленый - растущий. Желтый знак показывает начало или усиление тренда, флаг - завершение тренда, начало консолидации или следующего тренда
My version of the ADX & DI Indicator with an extra theshold and adjustable long and short conditions. A green background (long) will appear when the ADX is rising, the DI+ is falling and the DI+ is below the (new) lower threshold. A red background (short) will appear when the ADX is rising, the DI- is falling and the DI- is below the (new) lower treshold. You...
DMI/ADX blue is Bull momentum yellow is Bear momentum gray line is trending line dotted is TREND LINE idea: look for two lines to be above the dotted TREND LINE bullish = Bull momentum + Trending Line bearish = Bear Momentum + Trending Line when all three are converged or when Tending Line is below dotted its CHOP Blue flashes when BULL momentum is...
An EMA is applied to the ADX in order to catch the exhaustion of a trend (i.e. ADX line crossunder EMAADX line) or the possible formation of a new one. In the first case, we would wait a confirmation signal, which happens when the crossunder has a value greater then 50. A new trend is created when the difference between the ADX and the EMAADX is positive, with ADX...
Declaration: This is a tradingview script written by feibilanceon of Agg.one . This indicator is not public and for invitation only. Features: ADX and DI+ and DI- all in one indicator with a beautiful design! Usage: Just simply add this indicator to your chart! Contributing: You can report bugs or issues under this page. Any advice would be...
Revision 18 Gunbot Deluxe Tuners BE Alerts is part of the official Gunthy version of Gunbot Deluxe Tuners. It is the companion Alerts script for the Gunbot Deluxe Tuners BE (Black Edition) backtesting and optimizing script. This Alerts script allows user to automatically send alerts directly to Gunbot through the Gunbot TradingView addon. Available only to...
A simple modification of the built-in "Average Directional Index": To identify wether there is an uptrend or a downtrend, the function color is conditional: no trend: black small uptrend (weak threshold): light green big uptrend (strong threshold): green small downtrend (weak threshold): light red big downtrend (strong threshold): red
This is an improvement upon a very popular trend following system that is currently selling for about $1k per year. I pull data from longer time frames to confirm trend, as well as use the ADX to minimize trading in sideways chop. I’ve backtested both the older $1k system and this newer one and can confirm improvements in every market and timeframe that I’ve...
Edit of the popular script by @TraderR0BERT New features: - horizontal colored areas, indication weak/medium/strong trend - vertical bars, signaling trend/momentum changes - DI+ vs DI- contraction/expansion histogram (to measure the DI volatility)
This is an EMA that color changes based on ADX. When ADX is low, EMA color is in lime or aqua, if the value of ADX moves higher, It changes from aqua to yellow and then red. You can change the settings like EMA period and the color, etc in the dialog window. Usually, as the trend becomes stronger, the ADX values rises, so there is a possibility on a trend...