! IMPORTANT ! To better see the color of the bars I suggest you deactivate the Borders option in the chart settings / Symbol, LIKE THIS: ════════════════════════════════════════════════════════════════════════════════════════════════════════════════════ The indicator is the same as the previous version, with the only difference that now the indicator...
IMPORTANT The indicator allows you to view the Color Bars only if it is in the foreground, to do this just put the indicator before the description of the symbol, LIKE THIS: ════════════════════════════════════════════════════════════════════════════════════════════════════════════════════════════════ This indicator is composed of: 1) Tiple SWMA ...
As a longtime fan of ADX, looking at Vortex Indicator I often wondered, where is the third line. I have rarely seen that anybody is calculating it. So, here it is: Average Vortex Index - an ADX calculated from Vortex Indicator. I interpret it similarly to the ADX indicator: higher values show stronger trend. If you discover other interpretation or have...
A strategy created using Hull Moving Average and WT Cross . Hull Moving Average turns green and WT Cross crossover this is a long. Otherwise short. Stop Loss and Take Profit settings are available. You can set it to the level you want or turn it off. According to my measurements, it shows the best performance in the 4-hour period. But you can find the best...
This is the Alert version of my BTC Bot {15min} Strategy. This BOT is specialy designed for BTCUSDT 15 min Chart. It reacts to every Upward/Downward direction as fast as possible. It does not work well on higher time frame. This BOT using 10 indicators to open a basic LONG/SHORT position. 1. CLOUD 2. TREND DETECTOR 3. TREND STRENGTH 4. PARABOLIC SAR 5. JMA 6....
This is basically trading views standard ADX indicator All i added was an adjustable horizontal line since i could not find one anywhere on TV. i did not like manually adding a horizontal line every time i loaded an instance of the ADX ... sooooo here you go enjoy!
This BOT is specialy designed for BTCUSDT 15 min Chart. It reacts to every Upward/Downward direction as fast as possible. It does not work well on higher time frame. This BOT using 10 indicators to open a basic LONG/SHORT position. 1. CLOUD 2. TREND DETECTOR 3. TREND STRENGTH 4. PARABOLIC SAR 5. JMA 6. RANGE FILTER 7. ADX 8. TWAP TREND 9. FAST MA 10....
This strategy looks for strong price movements with a high chance of a reversal on the difference in the rates of 6 currency pairs. A combination of ADX DI- and ATR is used for confirmation. Added the ability to close trades by TP and SL to the strategy. (off by default) Built-in martingale and reverse martingale (off by default) The lot size is set in the...
============ ENGLISH ============ - Description: This study is a combination of all DMI components (DI+, DI- and ADX) into a simple line. Other aspects of the indicator such as ADX levels are well known: 0-25 for weak or no trend, 25-50 for strong trend, 50-75 for very strong trend and 75-100 for extremely strong trend. - Visual: The ADX line takes a color...
It is an extended ADX and Direction Movement Index indicator with the following changes: It shows a histogram instead of the DMI lines. If the histogram is green, the DMI+ is above DMI-, otherwise it is red. You can specify a multiplier for the histogram values to check if values are above threshold. This way you can use the same threshold line as ADX to...
Hello Traders, Today I'm releasing a spin on an 'oldie but goodie'; the Directional Movement Index (DMI). DMI is a combination of 3 different indicators developed by the famous J. Welles Wilder. DMI has 3 different plots: the ADX, +DI, and -DI. The first is the ADX (Average Directional Index), which Wilder created in 1978 to show the strength of a trend by...
BBANDS with: - DI+/DI- coloring outer bands. If top BBand is green DI+ is on top; if top BBand is red DI- is on top. - ADX Coloring - coloring of BBand background is relative to ADX performance. Blue = High, Red = Low, Black = Very Low, White = Extremely Low - Basis Line Coloring - colored using Bollinger Band Width Percentile. Blue = Squeezing BBands, Red =...
------------------------------------ ENGLISH ------------------------------------------------- In this version of the ADX we integrate several additional features to optimize its operation, for its construction we use the DI+ and DI- indicators and transform them into a histogram, this to mark the intensity of the steering force. We also incorporate another...
This script plots VWMA(ADX) vs EMA(DI+) under pre-set time frame. Feature: The Main Strategy is to look for potential BUY opportunity (Intraday trading, Session trading, Swing) when EMA(DI+) colored blue, entering upward into Green zone where ADX counterpart (default colored: Yellow) is also present. Formula plot is also helpful to understand upcoming...
Momentum Indicator helps you to identify potential reversal areas . Calculation done with using Relative Strength Index (RSI), Money Flow Index (MFI) and Average Directional Movement Index (ADX) indicators. On full strength bearish movement bars paints as light red , full strength bullish movement bars paints as light green color. They indicates that ...
This is the updated script for PinceScrip V5 3x DMI and ADX indicator into 1. You can turn on and off all 3x DMI and all 3x ADX and or customize their settings manually. I also added my 3 line system, which is a homemade calculation from the DMI lines (P+N), and instead turns them into a single line. There are also several options for histogram, ADX line,...
ENGLISH: ADX (ORIGINAL VERSION) The ADX Indicator (Average Directional Index), is a non-directional oscillator type indicator, that is, it quantifies the strength of a trend regardless of its direction. In its original version, it is made up of 3 lines that represent the direction and strength of the movement: • A line representing the ADX indicator. • A...
RSI BANDS: It is an exclusive product of ApiDevs , this indicator selectively integrates a series of highly advanced algorithms that aim to provide the trader with an effective and profitable trading system, based on a series of conditions that project the price direction with a reasonable probability. This indicator bears the name of “RSI Bands” , this is...