The indicator gives a multiplication of ADX and the DI+ and DI-values, color coded for bullish or bearish momentum
the indicator was optimised for use with HA-candles, but works with regular candles as well
and shows general market direction en divergence in a simpler visual way than the normal ADX-DI lines
a threshold mask can be shown or omitted as...
This indicator shows a histogram of the ADX with the following colors:
Background gray => ADX under configured lower level which means no trend is present
Background dark orange => ADX between lower and upper level and down trend is present
Background orange => ADX between over upper level and down trend is overheated
Background dark green => ADX between...
Version 2 added support for MTF, to see the trend direction on the lower or higher timeframe.
As an example to see the difference, the indicator is added three times, one time for the current TF, one set at the higher and one at the lower TF.
Cudo's to Chris Moody for the MTF-switching-code!!
JD.
This indicator is based on the formulas in the original "ADX and DI" script of Masa Nakamuro
The indicator gives a multiplication of ADX and the DI+ and DI-values, color coded for bullish or bearish momentum.
The indicator was optimised for use with HA-candles, but works with regular candles as well and shows general market direction en divergence in a simpler...
This indicator is based on the formulas in the original "ADX and DI" script of Masa Nakamuro
The indicator gives a multiplication of ADX and the DI+ and DI- values, color coded for bullish or bearish momentum.
The indicator was optimised for use with HA-candles, but works with regular candles as well and shows general market direction en divergence in a simpler...
Alert system for development strategy. Please don't request access, this is for personal use. If you are interested in my actual indicator you can look here:
This is a early version of a swing trading indicator I have been working on. It uses EMAs and ADX to find entries. This will eventually be integrated into my main trading indicator. The strategy is defaulted to start with 17,000 capital and trade with 100 percent of equity. You can test different ranges of dates by going into the settings and changing the end...
So... the popular version of "ADX and DI" shown on tradingview by masanakamura uses some wacky and incorrect formula for DI and uses SMA instead of the Wilder's MA that ADX/DI is supposed to use, and doesn't give the correct ADX and DI values. The Tradingview "Average Directional Index" uses the correct calculation but doesn't show DI+ and DI-. So, here it is with...
Indicator Description:
This is a premium indicator that is intended for trading on the 15 minute time scale. This script uses ADX to judge the strength of trends. When a trend is confirmed by ADX, the indicator uses SRSI to find the optimal entry. The indicator works best on BITFINEX:BTCUSD .
Instructions:
Whenever there is a sell signal exit the current...
This is a scalping indicator built for bitcoin on the 15m chart. It uses ADX and SRSI. A full indicator will be released very soon. Please comment with any questions or comments. The strategy ran below is the results if you started trading on 3/9/2018 with 10,000$ usd, and used 100% of your equity to enter positions. This is also designed to allow 2x leverage when...
Scripted longs and shorts to the vortex indicator. It doesn't work like Vortex due to the two plots never crossing to congest.
Blue line: longs
Red line: shorts
Histogram: net volume, ohlc4 of both. Green if previous candle close had lower net volume, black if the previous candle close had more.
Deviance from the histogram: increased volume for the long or short...
![BTCUSD: [Single] Heartbeat_Live (pine v3 version)](https://s3.tradingview.com/t/t6hFxd7n_mid.png "[Single] Heartbeat_Live (pine v3 version)")
