Modified TradingView script for @bankniftydoctor's RDX strategy. Original script idea credits to @TheProfessorDev - I have modified the code to reflect core RDX strategy score, instead of the simplified one - Every bar (including ones in RSI 45-55) will display its RDX score. p.s .For the uninitiated, these number generated by this script are used for the RDX...
This is the ADX and DI+/- indicator applied to OBV! This really clearly shows up and down, but using VOLUME! Don't ignore it, there is too much information captured in the OBV. If you just love the ADX/DI format, it is included in a checkbox. Want some excellent background highlighting, turn in on in a checkbox. Shout out to some inspirations csw-dmi...
A handy all-in-one package for DMI and ADX Color-coordinated line for DMI with an EMA and histogram to gauge momentum, mark potential reversals, and quickly gather all the information you need to make your decisions. Quick take-aways: - Color of the ADX line indicates the current trend - An ADX below the EMA indicates a potentially falling/reversing trend -...
Monitoring panel showing the ADX (Average Directional Index) & DMI (Directional Movement Index) as color code for 6 different timeframes. This gives a very easy overview on the current state of the market and if it is trending. - ADX basically describes the strength of a Trend - DMI give indication on the direction of the trend, usually shown as +DI and -DI ...
This script fires off a buy alert when the ADX is rising and above a user-defined value (default 25). It fires off a sell signal when ADX starts sloping downward. The lookback period to determine if it is sloping up/down (in bars) is also configurable by the user. The plot highlights green when there is a "go" signal. Thanks to @9e52f12edd034d28bdd5544e7ff92e for the idea.
A modified version of the ADX indicator Indicator average directional movement ( ADX ) helps traders determine the strength of the trend, not its actual direction. It can be used to determine whether changes in the market or starts a new trend. It refers to the average directional movement Index (DMI), and, in fact, included DMI ADX line . The oscillator ranges...
customized version to add my favourite settings for crypto Best time frame is daily followed by 4H ADX Near 20 or less means trend is choppy and weak ADX Cross over 30 means trend is starting to gain momentum ADX Near 75 means momentum is near maximum, trend needs to rest for a while ( The area between 70~90 )
This script is a combination of the Average Directional Movement Index (ADX) help to determine the trend strength with a key level and Relative Strength Index is an oscillator that measures the speed and change of price movements.
The Average Directional Movement Index (ADX) help to determine the trend strength with a key level.
KISS Addie is the ADX and DI+- indicator and is part of the 'keeping it simple' series. ADX is your Average Directional Index and DI is you Directional Movement Indicator. ADX - Will show the strength of the trend regardless of direction. 00 - 10 : No trend 10 - 20 : Transitioning trend 20 - 40 : Trending 40 - 99 : Exhausted (Can also be considered a stronger...
This indicator, competes the signals of two of the most important and reliable indicators for monitoring price trends, the Squeeze Monitor and the RSI. For a better visualization of the relationship of the indicators with the price, the Squeeze Monitor is presented in colored bars that represent the trend of the indicator. The RSI is combined with the EMA of the...
This DMI I modified to see the trend more clearly, and the ADX line changes according to the trend force, which is perfectly configurable, the configuration I left my default configuration, in case you want to modify it because you see the trend in different values, feel free, and basically the columns are the average of DI and also indicate the trend more...
I have created an alternative visualisation of the ADX + DI indicator created by MasaNakamura, credits to them for providing the source code! :-) The histogram represents the distance between the DI+ and the DI-. The crossing of the histogram is equal to the crossing of the DI lines. The ADX line is coloured based on the threshold. This creates a clean...
Hello guys, today I would like to share an indicator that I had in my mind for quite some time. I call it ADX Boxes. How does it work? What the indicator does is very simple. Whenever the ADX falls below a certain threshold (which can be managed in the user input settings) a box will appear. The box will continue to grow as long as the ADX stays below the...
Here's a modern take on the famous DMI/ADX. i first wrote this on another platform few years ago, so i'm happy to be able to share it on TradingView quick refresher: what does DMI/ADX tell us: ------------------------------------------------------ in simple terms, at the core of this indicator, there are 3 main calculations / lines: the Plus Directional Index (...
This is an indicator I've been playing with for a while, based on my previous MACD w/ RSI Warning indicator. This one takes it a step further, including information from MACD, RSI, ADX, and Parabolic SAR. These four indicators are represented in this indicator as follows: MACD: The histogram itself is a normal MACD histogram. Nothing strange about it, and you...