Adaptive Fusion ADX VortexIntroduction
The Adaptive Fusion ADX DI Vortex Indicator is a powerful tool designed to help traders identify trend strength and potential trend reversals in the market. This indicator uses a combination of technical analysis (TA) and mathematical concepts to provide accurate and reliable signals.
Features
The Adaptive Fusion ADX DI Vortex Indicator has several features that make it a powerful tool for traders. The Fusion Mode combines the Vortex Indicator and the ADX DI indicator to provide a more accurate picture of the market. The Hurst Exponent Filter helps to filter out choppy markets (inspired by balipour). Additionally, the indicator can be customized with various inputs and settings to suit individual trading strategies.
Signals
The enterLong signal is generated when the algorithm detects that it's a good time to buy a stock or other asset. This signal is based on certain conditions such as the values of technical indicators like ADX, Vortex, and Fusion. For example, if the ADX value is above a certain threshold and there is a crossover between the plus and minus lines of the ADX indicator, then the algorithm will generate an enterLong signal.
Similarly, the enterShort signal is generated when the algorithm detects that it's a good time to sell a stock or other asset. This signal is also based on certain conditions such as the values of technical indicators like ADX, Vortex, and Fusion. For example, if the ADX value is above a certain threshold and there is a crossunder between the plus and minus lines of the ADX indicator, then the algorithm will generate an enterShort signal.
The exitLong and exitShort signals are generated when the algorithm detects that it's a good time to close a long or short position, respectively. These signals are also based on certain conditions such as the values of technical indicators like ADX, Vortex, and Fusion. For example, if the ADX value crosses above a certain threshold or there is a crossover between the minus and plus lines of the ADX indicator, then the algorithm will generate an exitLong signal.
Usage
Traders can use this indicator in a variety of ways, depending on their trading strategy and style. Short-term traders may use it to identify short-term trends and potential trade opportunities, while long-term traders may use it to identify long-term trends and potential investment opportunities. The indicator can also be used to confirm other technical indicators or trading signals. Personally, I prefer to use it for short-term trades.
Strengths
One of the strengths of the Adaptive Fusion ADX DI Vortex Indicator is its accuracy and reliability. The indicator uses a combination of TA and mathematical concepts to provide accurate and reliable signals, helping traders make informed trading decisions. It is also versatile and can be used in a variety of trading strategies.
Weaknesses
While this indicator has many strengths, it also has some weaknesses. One of the weaknesses is that it can generate false signals in choppy or sideways markets. Additionally, the indicator may lag behind the market, making it less effective in fast-moving markets. That's a reason why I included the Hurst Exponent Filter and special smoothing.
Concepts
The Adaptive ADX DI Vortex Indicator with Fusion Mode and Hurst Filter is based on several key concepts. The Average Directional Index (ADX) is used to measure trend strength, while the Vortex Indicator is used to identify trend reversals. The Hurst Exponent is used to filter out noise and provide a more accurate picture of the market.
In conclusion, the Adaptive Fusion ADX DI Vortex Indicator is a versatile and powerful tool for traders. By combining technical analysis and mathematical concepts, this indicator provides accurate and reliable signals for identifying trend strength and potential trend reversals. While it has some weaknesses, its many strengths and features make it a valuable addition to any trader's toolbox.
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Credits to:
▪️@cheatcountry – Hann Window Smoohing
▪️@loxx – VHF and T3
▪️@balipour – Hurst Exponent Filter
VI
Vortex Indicator With SMAVI with SMA to determine the trend is solid.
VI+ cross over VI- with price over 20 SMA to confirm the trend.
Also, you can see the enhanced trend:
VI+ with the Letter H, with new high in the observe period.
VI- with the Letter L, with new high in the observe period.
Coding based on the original Vortex Indicator.
VI BB RSI CRSI MFI - All In OneThis script simply creates a combo of some indicators I have found to be useful to visualize together.
Its fairly simple to use... buy the red and sell the green. The red and green 'zones' are VI indicator plus and minus using color to identify instead of plotting the lines and creating more mess for us.
The blue line is our BB B%... and the solid lines are the buy and sell thresholds.
The yellow line is our RSI, and the dotted lines are the thresholds.
The orange CRSI line is for intrazone (red or green VI zone) trades.. for instance, buying in the sell zone and then selling again (dead cats) and vice versa.
Lastly the purple MFI plot can be useful in identifying trend reversals.
This is not secret code, its free for everyone to use. If you find that it is too cluttered, you can simply comment out the plot function for that indicator to disable the ones that you find most cluttering.
Feedback is appreciated, along with ideas or suggestions.. cheers and happy trading!
