It’s a method/study to find trending stocks and cryptocurrencies using two different periods (14, 5) ADX Overlap with a MACD Filter. The MACD filter may or may not be used. Green shadow implies Trending Uptrend Red shadow implies Trending Downward I am a disabled man. Therefore, I am not able to write in detail here today. More Details will follow as time...
It’s a method/study to find trending stocks/cryptocurrencies which uses two different periods (14, 5) ADX Overlap with a MACD Filter. The MACD filter may or may not be used. More Details will follow as time permits. Please let me know if I am missing anything….. Legal Disclaimer: I am not bribed to write here and I am not seeking insider favors. I wrote here so...
An easier to read implementation of ADX and DI, with colour indicating direction of trend, oscillator indicating strength of trend, and below threshold shown with a lack of colour (black).
Hello and welcome to my latest revision of my ADX and DMI series. This indicator features the Average Directional Index (ADX) and the Directional Moving Index (DMI), with a multi-timeframe (MTF) grid that shows you the dominant DMI on the select timeframes. There are four grid rows, allowing you to select four different timeframes to show in the study. In...
Strategy using SMA, ADX and modified Fisher transform (I've made linear transformation on original Ehler's Fisher transform) and implemented into Bitcoin trading perspective. Current strategy is optimized for Bitcoin. General objectives is to add, remove indicators: - to further improve the strategy for Bitcoin - adjust the strategy to be feasible for wider...
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...
Another script based on Linda Raschke's strategy with the same name from her book about swing trading.
Adx con color de fondo. Adx indicator with background color. Bullish trend background lime and line yellow. Bearish trend background red lines red.
This indicator converts conventional triple lined ADX, DI+ and DI- into two lines. First line is the original ADX line and second line is obtained by subtracting DI- from DI+ which named DI Spread(DIS) If ADX is greater than 20 there is a trend and if greater than 40 there is a strong trend but ADX does not tell the trend direction To determine trend direction,...
This is a very simple script which gives reliable signals for buying and selling in short term. I came across this strategy a long time before in some website and coded it here. I had been using this for a long time and made good profits. Idea is very simple, a buy call is triggered when RSI is greater than 75 and ADX is greater than 25. Sell call is triggered...
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...
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...
My most complex script as a gift to you @TradingView. Simple price action analysis. Look at the chart and the indicator will do everything else for you. This indicator is based in a combination of several indicators, including ADX, EMA, and concepts by the book "Bar by Bar" by Al Brooks. You can use it any way you like. Its been tested in 5 minute stock charts,...
Hello & welcome to my updated version of the ADX & DMI indicator. The average directional index and directional moving indices are a godsend and I think you should incorporate it into your trading. Here's a quick how-to: A detailed guide is available in my first version: Additional edits: My indicator paints the background of the indicator green when...
Hello & welcome to my custom version of the ADX & DMI indicator. The average directional index and directional moving indices are a godsend and I think you should incorporate it into your trading. Here's a quick how-to: The ADX , despite its name, is a directional index but only represents the strength of the dominant trend, which is marked by the DMIs (...