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...
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...
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.
ADX Trading Strategy, using
ADX, D+ and D-
Hull Moving Averange for the price trend
The Strategy Report is based on 10.000 USD initial investment without pyramiding, starting on januari the 1st 2018, on a 1D time frame. Taking in account a 0.2% Commission fee per trade.
blue is Bull momentum
yellow is Bear momentum
gray line is trending line
dotted is TREND LINE
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...
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
We have combined in this one of the most popular indicators by the Traders, the Relative Strength Index (RSI) with various functions to guarantee maximum probability entries, adjusting monetary flow parameter, regular channels, Supports & Resistances, Volume of income, Zones of Fibonacci, High / Low and many more ... we have designed a beast that prevents the...
The Renkzar strategy was developed based on the Renko Veils housed in TradingView, after the constant accuracy of this study we decided to make an elaboration channeling the volumes of the last 4 to 7 past periods, its magnitude and various MA crosses, volatile, among others recipes of the CriptoLAB team, the effectiveness of this strategy is much higher in...
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...
A strategy based on ichimoku and dmi optimized for crypto trading
chikou > close
dmi > thold
adx > thold
opposite of first 3
dmi- > thold
you should enable short trading from the settings if you wish to see it
Trang web này sử dụng cookie để đảm bảo bạn có được trải nghiệm tốt nhất trên trang web của chúng tôi. Để tìm hiểu thêm về cookie, bao gồm cách kiểm soát cookie, vui lòng đọc Chính sách cookie của chúng tôi.