The strategy combines three indicators: Exponential Moving Average (EMA), Weighted Moving Average (WMA), and Average Directional Index (ADX).
The EMA and WMA are used to track the average price over different time periods.
The ADX measures the strength of a trend in the market.
The strategy generates buy signals when the EMA is higher than the WMA and the ADX is above a certain threshold. It suggests a potential uptrend.
It generates sell signals when the EMA is lower than the WMA and the ADX is above the threshold. It suggests a potential downtrend.
The strategy also considers whether the ADX is rising or falling to indicate the strength of the trend.
The EMA, WMA, and ADX values are plotted on the chart.
Buy and sell signals are shown as labels on the chart, indicating "Buy (Strong)" or "Buy (Weak)" for buy signals, and "Sell (Strong)" or "Sell (Weak)" for sell signals.
Phát hành các Ghi chú
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The strategy combines three indicators: Exponential Moving Average (EMA), Weighted Moving Average (WMA), and Average Directional Index (ADX).
EMA and WMA track the average price over different time periods. ADX measures the strength of a trend in the market. Buy signals:
Generated when EMA is higher than WMA and ADX is above a threshold. Indicates a potential uptrend. Sell signals:
Generated when EMA is lower than WMA and ADX is above the threshold. Indicates a potential downtrend. The strategy considers the rising or falling nature of ADX to assess the strength of the trend.
The chart displays the EMA, WMA, and ADX values.
Buy and sell signals are indicated on the chart as labels:
"Buy (Strong)" or "Buy (Weak)" for buy signals. "Sell (Strong)" or "Sell (Weak)" for sell signals. This strategy helps identify potential trends and provides buy/sell signals based on the EMA-WMA crossover and ADX strength.
good great power of discover indicator day by day improve this predict level sir salute,
ctcpatel
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lovely
Pescadorr
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I can't set the alerts, can someone help me?
traderjitendra
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Hey dj soori. How can i modify this strategy. Actually I want to modify adx .. Please help me
unknown_knight
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how do i get the signals in real time ?, it's coming on the next candle.
chiranjeeevi
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Good Indicator using triple confirmation and Good Job "DJ Soori". Thanks for community Sharing. Enhance your vision over creating such a wonderful indicator's.