Bar colors based on ADX and DI strength. How to study: ADX is less then 20 (adjustable value) is SILVER (no trend) ADX >0 and DI delta (DI plus - DI minus) is >0 color LIME (trend up) ADX>0 and DI delta <0 color RED (trend down) ADX cross ADX Index ( adx+adx 14 period back)/2 color is BLACK and means start/end of trend Converting the ADX into Bars for ease of...
Inspired by the user scarf from Tradingview. In contrast with that other indicator, this one instead of a simple moving average (SMA) for the ADX calculations, uses a running moving average (RMA) or also known as Wilder's Average. I like having a histogram for the DI lines over just having lines alone because it makes it easier to see. In addition I made it so...
This is a usual ADX Indicator but the colors change when the next bar falls or grows from the previous bar. I think that the use of ADX can be maximized by seeing whether the movement is lower or higher than the previous like MACD Histogram. The ADX indicator is very powerful for driving long-term trends and is effectively used for 4-hour or 1-hour Time...
This strategy tries to mimic TradingLatino strategy. The current implementation is beta. Si hablas castellano o espanyol por favor consulta MENSAJE EN CASTELLANO más abajo. It's aimed at BTCUSDT pair and 4h timeframe. STRATEGY DEFAULT SETTINGS EXPLANATION max_bars_back=5000 : This is a random number of bars so that the strategy test lasts for one or two...
This is part 2 of 11 in the system named Ninetales/Volt V2 you can find on Tradingview. It simply measures all of the combinations of the defined parameters of a typical ADX + DI , and returns the most logically accurate values. Use it however you would use a standard ADX + DI, just add your preferred values to test against each other, and set the period you...
This is Pro ADX Indicator was modified and renovated to more smooth and effectively - easier to self modify (customize) - quickly detect trend - easier to view with signal color cross
This indicator composed of several oscillators was designed to be used with the strategy called LoboWass2 to be applied with Binary Options. The idea of these oscillators is to be able to observe when all together appear in the same position, either overbought or oversold, and take the trade. Remember that this is a confirmation tool, you must carry out...
The Average Directional Index (ADX) is a technical analysis indicator used to determine price trend and price strength by comparing current price to recent price history. The price trend can be either up or down(bullish/bearish), and this is shown by two accompanying indicators, the Negative Directional Indicator (-DI, purple line) and the Positive Directional...
The clouds reflect a possible overextension of the trend. Traders could use it as a signal to scale out the positions in the direction of the present trend or avoid scaling in. The indicator plots the difference between ADX over the 45 level proportionate to the range between an ATR multiplier around MA. By default, the ADX is calculated with a DI length of 14...
This study tries to highlight LazyBear Squeeze Momentum divergences as they are defined by TradingLatino TradingView user Squeeze momentum green peaks are connected by a line Associated prices to these green peaks are also connected If both lines have a different slope orientation then there is a divergence. It only shows two last divergence lines and...
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...
// @Release: EMA Cross++ v49 // @Author : Prasuna.Barik // This is multi timeframe RSI indicator which displays RSI value of 15/25/75/D/W/M timeframes in single window. // One can select or deselect individual RSI's, choose RSI length of default RSI, length of slow/fast RSI. // Current RSI indicator considers below scenarios to be bullish 1) RSI > iRSIBuyLvl...
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 -...
This strategy takes the ADX Indicator I wrote and applies it to a strategy for back testing purposes. I've also applied a date filter so you can back test specific date ranges and a moving average filter so you can choose whether to filter your longs/shorts based on a moving average.