O ADX avalia tendências de alta e baixa, buscando mostrar um movimento direcional.
O indicador é composto por três linhas: DI+, DI- e ADX;
Onde o ADX representa o índice das médias do movimento direcional.
O DI+ ocorre quando o valor do preço máximo do candle for maior que o do candle anterior, assim, temos um movimento direcional positivo.
DI+ = Máx(c) – Máx(c –...
Based on the ADX Gapper strategy described in the book Street Smarts, it looks to exploit retracement to a prevailing trend when there has been a gap away from the trend, giving you multiple potential entries. It uses the ADX to determine a trend and detects when there is a gap to signal an entry day where:
You would enter short if the DI-(red line) > DI+ (green...
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...
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...
ADX Shader overlay. Places a background overlay for ADX weak trend (>20 and <25) and places a background overlay for a string trend (>25). Will also show Positive DM and Negative DM crosses.
This is an ADX indicator with a kick. Also shows DM+ and DM-. Allows you to turn off these indicators. This also has horizontal indicators that tell with the trend maybe trendless (20), gaining (25), and trending (30). These indicators can change to accommodate your trading.
This 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...
Updated version of previous Momentum Strength Entry Exit Pivot Study:
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// @TheGeeBee - Credit where used
//
//Notes:
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// Use 1,2,3,5 minute timeframes
// EMA Cross line and offset allows user to alter the sell characteristics where the candle low is above the EMA line and indicates a possible pre-pivot reversal
// Adjust Min and Max...
![EURUSD: Zero Lag ADX [jwammo12]](https://s3.tradingview.com/u/uMvwWmte_mid.png "Zero Lag ADX [jwammo12]")
![BTCEUR: [Delphi][CryptoNews Plus] RSI + DMI ADX](https://s3.tradingview.com/v/V4oEw9eS_mid.png "[Delphi][CryptoNews Plus] RSI + DMI ADX")
