Average Directional Index (ADX)

bii_vg Aktualisiert 

Dema DMI | viResearch Conceptual Foundation and Innovation The "Dema DMI" indicator integrates the Double Exponential Moving Average (DEMA) with the Directional Movement Index (DMI), creating a more responsive and precise trend-following system. The DEMA is used to smooth price data while minimizing lag, making it highly effective for trend detection. The DMI, on...

amewara14

Here are the key points and features of the Pine Script provided: ### 1. **Indicator Settings**: - The indicator is named **"POINT and Shoot"** and is set for non-overlay (`overlay=false`) on the chart. - `max_bars_back=4000` is defined, indicating the maximum number of bars that the script can reference. ### 2. **Input Parameters**: - `Src` (Source):...

Oginer

ADX Color Fusion This indicator combines the ADX (Average Directional Index) with the directional indicators +DI and -DI into a simple visual system, using colors to identify the strength and direction of the trend. Features: ADX measures trend strength, with dynamic colors that change based on the ADX value and the relationship between +DI and -DI: Orange:...

deepakks444 Aktualisiert 

In this script, the buy and sell criteria are based on the Relative Strength Index (RSI) values calculated for two different timeframes: the 15-minute RSI and the hourly RSI. These timeframes are used together to check signals when certain thresholds are crossed, providing confirmation across both short-term and longer-term momentum. Buy Criteria: Condition...

fondOrange28771

MTF DI-ADX-RSI is a multi-timeframe indicator that displays the trend status across various timeframes, enabling a quick assessment of market trends. This indicator utilizes the following technical metrics: DI+/DI-: Determines the trend direction. ADX: Measures the strength of the trend and indicates whether the trend is strengthening or weakening (background...

giovannibeltra

█  OVERVIEW This script implements the Average Directional Index (ADX), a powerful tool used to measure the strength of market trends. It works alongside the Directional Movement Index (DMI), which breaks down the directional market pressure into bullish (+DI) and bearish (-DI) components. The purpose of the ADX is to indicate when the market is in a strong...

aristizabalsv

ADX Color verde Fuerza sobre punto 23, Color rojo Sin fuerza bajo el punto 23

PakunFX

Strategy Name and Purpose Chandelier Exit Strategy with 200EMA Filter This strategy uses the Chandelier Exit indicator in combination with a 200-period Exponential Moving Average (EMA) to generate trend-based trading signals. The main purpose of this strategy is to help traders identify high-probability entry points by leveraging the Chandelier Exit for stop loss...

erdas0

Purpose of the Code: The strategy utilizes Exponential Moving Averages (EMA) and Smoothed Directional Indicators (SDI) to generate buy and sell signals. It includes features like leverage, take profit, stop loss, and trailing stops. The strategy is intended for backtesting and automating trades based on the specified indicators and conditions. Key Components and...

UAlgo Aktualisiert 

The "Filtered MACD with Backtest " indicator is an advanced trading tool designed for the TradingView platform. It combines the Moving Average Convergence Divergence (MACD) with additional filters such as Moving Average (MA) and Average Directional Index (ADX) to enhance trading signals. This indicator aims to provide more reliable entry and exit points by...

AccountantX

The Strength Measurement -HT indicator is a tool designed to measure the strength and trend of a security using the Average Directional Index (ADX) across multiple time frames. This script averages the ADX values from five different time frames to provide a comprehensive view of the trend's strength, helping traders make more informed decisions. Key Features:...

erdas0 Aktualisiert 

The indicator aims to analyze and visualize the Average Directional Index (ADX) and its smoothed versions, along with directional indicators (DI) to help traders identify trend strength and potential buy/sell signals. Indicator Settings: The indicator is named "ADX and SADX, SDI" and is set to display prices with a precision of 2 decimal places. Users can...

YoavShachak Aktualisiert 

Overview: This script combines multiple indicators to provide a comprehensive analysis of both trend strength and trend momentum. It is tailored specifically for pairs trading strategies but can also be used for other trading strategies. Benefit of Comprehensive Analysis: Having an indicator that evaluates both trend strength and trend momentum is crucial for...

TradingConToto

Session Master Indicator Overview The "Session Master" indicator is a unique tool designed to enhance trading decisions by providing visual cues and relevant information during the critical last 15 minutes of a trading session. It also integrates advanced trend analysis using the Average Directional Index (ADX) and Directional Movement Index (DI) to offer...

azullian Aktualisiert 

Streamline your strategy with the ADX indicator. Precisely analyze market strength and direction, integrating these insights for more adaptable trading decisions. This connectable ADX indicator is part of an indicator system designed to help test, visualize and build strategy configurations without coding. Like all connectable indicators , it interacts...

shrilss

This Indicator calculates the Average Directional Index (ADX), a popular indicator used to quantify the strength of a trend. Additionally, it computes the Positive Directional Index (+DI) and Negative Directional Index (-DI), which measure the strength of upward and downward price movements respectively. What sets this script apart is its enhanced ADX...

QuantraSystems Aktualisiert 

Scalpers Volatility Filter Introduction The 𝒮𝒸𝒶𝓁𝓅𝑒𝓇'𝓈 𝒱𝑜𝓁𝒶𝓉𝒾𝓁𝒾𝓉𝓎 𝐹𝒾𝓁𝓉𝑒𝓇 (𝒮𝒱𝐹) is a sophisticated technical indicator, designed to increase the profitability of lower timeframe trading. Due to the inherent decrease in the signal-to-noise ratio when trading on lower timeframes, it is critical to develop analysis methods to inform traders of the optimal market...

TRJAKE_kr Aktualisiert 

Psychological Sales Index (Psychological Sales Index) Fundamental Indicators of Market Sentiment: The Importance of MFI and RSI The two fundamental indicators that best reflect market sentiment are Money Flow Index (MFI) and Relative Strength Index (RSI). MFI is an indicator of the flow of funds in a market by combining price and volume, which is used to...