MACD-based Relative Stock Price Candle
It was a mixture of MACD and a combined centered oscillator, indicating relative stock bar movement.
It moves approximately between 200 and -200, adding a divergence.
In addition to Hidden Diversions and Normal Diversions, I added the Long Short Diversions and the Preview Diversions that I analyzed.
It would be convenient...
ENGLISH:
ADX (AVERAGE DIRECTIONAL INDEX):
It is a non-directional oscillator type indicator, that is, it quantifies the strength of a trend regardless of its direction. In Spanish ADX means index of average direction. It is common to use it together with directional indicators of movement such as the (Squeeze Momentum Indicator), which show us the direction...
This indicator makes use of the Kumo Cloud, 3EMA and ADX/DI+/DI- indicators. While these can be used separately (green bars show where to long and red bars show where to short), this indicator also shows how their use together can create a more precise estimate on when to enter and exit the market. It is interesting to note that while each of the three indicators...
Our new indicator tracks trends to create buy and sell alerts, see below how it works.
HOW IT WORKS:
It uses RMA which is the same moving average used by RSI and HMA, they intersect give us an entry signal, be it a buy or sell, as the entry signal the script will color the bars according to the signal.
When a GREEN candle appears, it indicates a large...
The Natural Directional Combo was created by Jim Sloman as part of his Ocean theory series and I believe this is his final unique formula that I'm publishing to make them all open source. If you know of any others then please send me a message. He passed away at a young age and I want to make sure his legacy lives on. Big thanks to @altcoinz and @tmac87 for giving...
The Natural Directional Index was created by Jim Sloman and this is another indicator that I'm publishing from the collection of Ocean indicators. I want to make sure his legacy is covered by as many eyes as possible. This is his version of the directional index indicator but he uses his weighting method to use the square root of time and you can see that the...
This script is based on ADX/DI and I use it to enter when trend is in early stage, then ride it & exit at the right time (that's the theory)
ADX is shown as histogram :
- light silver bars = price is under thresold but still no trend, be patient.
- strong gray bars = prepare to enter the trade soon
- blue bars = price momentum so ride the trend
- yellow bars = do...
Its a combination of RSI and ADX for better trend direction . Along with Atr is included as 2nd confirmation of trend , RSiADX with bullish and bearish zones along with HMA and EMA and Divergence for trend trading. Support and Resistance is too added which you can hide according to your need .
Entry rules :
Look for OB(+10) and OS (-10)area along with hma...
This case study is based on a previous ADX + DM study, but with three different counts to compare different trends. The use of this indicator is restricted to private use, and it can be used only by invitation. Different functionalities have been added to the original code, such as alerts and signals that seek to make trading much easier to interpret by any...
This ADX indicator (Average Directional Index) tries to estimate the strength of a trend. The Average Directional Index is derived from the positive (+DI) and the negative directional indicator (-DI). The direction of movement is determined by comparing the highs and lows of the current and past periods.
As soon as the indicator determines a trend strength for...
This indicator is based on ADX and helps identify if a market is ranging/consolidating or trending.
Default setting are as follows:
0-15 Absent Trend
15-25 Weak Trend
25+ Strong Trend
FYI:
50-75 Very Strong Trend
75-100 Extremely Strong Trend
You can configure 3 levels of strength (Absent, Weak & Strong)
Please keep in mind that a...
It is an indicator that makes it easy to understand the change of ADX by adding a moving average to the famous indicator ADX.
Since ADX and DI have a part where the calculation formula of DI + and DI- is fixed to one bar, there was a problem that it does not make much sense to increase the length.
The biggest feature of this indicator is that it allows you to...
this scans 20 tickers for my low dm indication. Telegram alerting included, and It is configured with all Binance leveraged tokens by default. For my shitcoining moonbros on CZ ;)
DMI (ADX) consists of three indicators that measure a trend’s strength and direction. Three lines compose the Direction Movement Index (DMI): ADX (white/gray line), DI+ (green line), and DI- (orange line). The Average Directional Index (ADX) line shows the strength of the trend. The higher the ADX value, the stronger the trend. The ADX line is white when it has a...
Uses Normalized Price Oscillator and Stochastics and combines them as an ADX weighted measure.
During low trend intensity Stochastics gets higher weighted than Price Oscillator, and vice-versa in times of high trend-intensity.
Quick Summary
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The RedK Trader Pressure Index (REDK_TPX) analyzes the changes in price bars to give the trader a clear visual insight that represents the ongoing fight between the bulls (buyers) and bears (sellers) in the market - to determine who is in control of the price action, which in turn can be helpful in a trader’s decision about how...
Hello, This is the first indicator I have made and would like to contribute to the community.
This strategy came from trying to replicate a previous ADX Cross Indicator that I loved on MT4 which I used successfully on EUR/USD on high and low time frames. Through the process of trying to replicate it I failed, I decided to take what I had written so far and create...
![AAPL: Natural Directional Combo [CC]](https://s3.tradingview.com/g/GBaq1yp8_mid.png "Natural Directional Combo [CC]")
![AAPL: Natural Directional Index [CC]](https://s3.tradingview.com/a/ArIVuigo_mid.png "Natural Directional Index [CC]")
![BTCUSD: [kai]ADX](https://s3.tradingview.com/4/4KRoOSnc_mid.png "[kai]ADX")
