Trend Cloud
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 and an ADX smoothing of 14, an ATR length of 14, MA length of 20 and a multiplier of 2.
On the chart, I have highlighted with the vertical line the candles when the indicator was activated on all four timeframes simultaneously.
Average Directional Index (ADX)
LB Squeeze Momentum DivergencesThis 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 angles.
The original chart screenshot shows some divergence lines
on the top or main chart
these were drawn manually
because you cannot write to two different charts
from the same pine script study (Well, not in August 2020 anyways)
It's aimed at BTCUSDT pair and 4h timeframe.
HOW IT WORKS
Simple geometric mathematics are used
to calculate the two lines degrees
Then both degrees are compared
to show if both lines agree ( // or \\ )
or if they disagree ( /\ or \/ )
SETTINGS
(SQZDiver) Show degrees : Show degrees of each Squeeze Momentum Divergence
lines to the x-axis.
(SQZDiver) Show desviation labels : Whether to show
or not desviation labels for the Squeeze Momentum Divergences.
(SQZDiver) Show desviation lines : Whether to show
or not desviation lines for the Squeeze Momentum Divergences.
(ADX) Smoothing
(ADX) DI Length
(ADX) key level
(ADX) Print : Whether to show
or not scaled ADX line
(SQZMOM) BB Length
(SQZMOM) BB MultFactor
(SQZMOM) KC Length
(SQZMOM) KC MultFactor
(SQZMOM) Use TrueRange (KC)
(SQZMOM) Print : Whether to show
or not Squeeze Momentum indicator.
WARNING
Some securities and timeframes might output degrees
too next to zero.
The code might need to be tweaked to meet your needs.
USAGE
One strategy is to sell when you are in a long entry
when you find out that the price slope is upwards ( / )
while the lb smilb slope is downwards: ( \ )
E.g. You will see:
/
\
on the indicator.
Why?
Because it might signal you that the price is
going to correct downwards soon.
FEEDBACK 1
Please let me know if there is any
other strategy based on the red side of
LB Squeeze Momentum
so that I might add support for it in the future.
FEEDBACK 2
Calculating degrees in a chart
with a different x-axis scale
is a nightmare
that's why I did not a range settings
so that values next to zero are
converted into zero
and thus showing an horizontal line.
Feedback is welcome on this matter.
EXTRA 1
If you turn off showing the divergence lines
and if you turn off showing the divergence labels
you almost get what TradingLatino user uses
as its default momentum indicator.
EXTRA 2
Optionally this indicator can show you
a rescaled ADX (it only works properly on 2020 Bitcoin charts)
ABOUT COLOURS
TradingLatino user has both dark green and light green
inverted compared to this LB SQZMOM chart.
CREDITS
I have reused and adapted some code from
'Squeeze Momentum Indicator' study
which it's from TradingView LazyBear user.
I have reused and adapted some code from
'Directional Movement Index + ADX & Keylevel Support' study
which it's from TradingView console user.
RDX ScoreModified 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 strategy devised by @bankniftydoctor. There's an anchored note at the upper right corner, which briefly summarises the RDX score & the positions to be taken accordingly.
Multi-TimeFrame RDX++ [@TradersVenue]// @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 2) Smaller TF RSI > Larger TF RSI
// Current RSI indicator considers below scenarios to be bearish 1) RSI < iRSIBuyLvl 2) Smaller TF RSI < Larger TF RSI
// Background of the indicator turns green when RSI trades above iRSIBuyLvl, turns red when RSI trades below iRSISellLvl else orage
// If SlowRSI > SlowRSI then it indicates EMA(RSI(14), LEN) is in a upward slope i.e. its bullish
// Along with RSI it displayes ADX as well. So one may go through the settings and enable or disable display of DI and ADX lines.
// Few UI/UX customizations in chart, like changing line width, transparency, BG Color is provisioned for enhanced viewability
unRekt - KISS AddieKISS Addie is the ADX and DI+- indicator and is part of the 'keeping it simple' series. ADX is your Average Directional Index and DI is you Directional Movement Indicator.
ADX - Will show the strength of the trend regardless of direction.
00 - 10 : No trend
10 - 20 : Transitioning trend
20 - 40 : Trending
40 - 99 : Exhausted (Can also be considered a stronger trend the higher it goes, but look to exit position once it begins to downward slope and pay attention to DI spread)
DI - Will show the direction of movement. This indicator includes two views of the DI. the DI+ and DI- crossover and a histogram of the spread between the two.
Bullish : Green crosses over red.
Bearish : Red crosses over green.
OBV - ADX and DI+/-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
unRekt-KISS-Addie
[WJ] - ADX v2 [DMI, Alerts, Histogram, Customizable]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
- Customizable line w/ alerts for ADX crossovers
- Histogram to help catch potential reversals faster, and to gauge the momentum
Please let me know what you think, and in any features you think would increase the effectiveness of this amazing tool.
ADX | DMI Trend StrategyThis 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.
MTF ADX & DI - Monitoring PanelMonitoring panel showing the ADX (Average Directional Index) & DMI (Directional Movement Index) as color code for 6 different timeframes.
This gives a very easy overview on the current state of the market and if it is trending.
- ADX basically describes the strength of a Trend
- DMI give indication on the direction of the trend, usually shown as +DI and -DI
Meanings of the Colors:
ADX is below Low Threshold (no trend) : Black
ADX is above Low Threshold and DI is positive (weak bullish trend) : Light Green
ADX is above High Threshold and DI is positive (strong bullish trend) : Dark Green
ADX is above Low Threshold and DI is negative (weak bearish trend) : Light Red
ADX is above High Threshold and DI is negative (strong bearish trend) : Dark Red
- Low Threshold (default = 20) and High Threshold (default = 50) can be changed in the settings
- Timeframes can be changed, but the description labels are currently hardcoded - if you want to change it, just copy the script and change them
- Currently there are two additional timeframes commented in the code - if you want to use them, just copy the script and uncomment them
Have fun and as always I am open for constructive feedback.
Cheers!
LIZ ADX+DMIThe thick lines represent ADX .
When the volatility increases, it faces up and the color changes from gray to green.
When the background is gray and starts to turn green from below the horizontal line of reference value of 20, the volatility increases, indicating that the environment is becoming easier to trade.
When ADX rises and then peaks out, the line goes down and the previously green line changes to gray.
This means that the trend that was going on before is now over.People who hold positions use them to sign off their hands.
Also, those who want to see the trend change and build a new position with a backstop can use it to sign their entries.
When the background is gray (due to the deterioration of ADX ), it indicates that the volatility is low, there is no value width, and the direction is unclear, so it's not a good time to trade.
The two thin lines, red and blue, are DMI.A red line at the top and a blue line at the bottom indicates that the buying power is dominant, and the gap between the two lines is painted red.
On the other hand, if the blue line is up and the red line is down, it shows that the selling power is superior and it is painted blue.
When the two ADX lines intersect, and the color between the lines is changing from red to blue or blue to red, it indicates that the buyer's advantage has changed.
You can look at when the line crosses, and then enter in the new direction of dominance and build a position.
You can also determine that your position is in line with the market flow if it is in line with your current predominance.
However, in the opposite case, it suggests that the position you have is not in the right direction.
When two DMI lines are crossed frequently, it indicates a range or random rate.
In such cases, the background is often gray, indicating that it is difficult to make a profit in trade.
If you are interested in the invitation-only indicator, please contact us on private chat.
太い線はADXを表してます。
ボラティリティーが上昇すると上を向き、色がグレーから緑に変化します。
背景がグレーの期間で、水平線で示す基準値20より低い位置から上を向き緑に変化し始める時、ボラティリティーが上昇し、トレードしやすい環境になりつつある事を示唆しています。
ADXが上昇し、やがてピークアウトするとラインが下を向き、それまで緑だったラインの色がグレーに変わります。これは、それまで続いていたトレンドが一旦終了した事を意味します。
ポジションを持っていた人は、手仕舞いのサインに使います。
また、トレンドの転換を確認し、逆張りで新規ポジションの構築を狙っている人はエントリーのサインに使えます。
ADXが低下しているせいで,背景がグレーになっている時は,ボラティリティーが低下しており、値幅がなく、方向性がはっきりしないという理由で取引に向いていない時期である事を示します。
赤、青2本の細いラインはDMIです。赤いラインが上、青いラインが下の時は買い勢力が優勢である事を示し、2本の線の間が赤に塗られます。
反対に青いラインが上、赤いラインが下の時は売り勢力が優勢である事を示し、青に塗られます。
2本のADXラインが交差し、線の間に塗られた色が、
赤から青、または青から赤に変化する時、買い方売り方の優劣が入れ替わった事を示唆します。
ラインがクロスするタイミングを見て、新しく優勢になった方向にエントリーし、ポジションを構築できます。
また、自分が既に持っているポジションが、現在優勢である方向と一致している時はマーケットの流れに合っていると判断できます。
しかし反対の時は、あなたが持っているポジションの方向が合っていない事を示唆しています。
2本のDMIラインが頻繁にクロスしている時は、レンジ相場やランダム相場である事を示唆します。
そのような時は背景もグレーになっている時が多く、トレードで利益を出すのが難しい環境である事を表しています。
招待専用インジに興味ある方はプライベートチャットに連絡をください。
PROFIT+ V3 ALERTThis is an alert indicator for PROFIT+ V3 strategy .
Add it to your chart with the strategy and create alerts to
receive notifications when Buy and Sell signals are generated.
To receive access for the strategy and this indicator, please pm me or contact
me at telegram from the link below.
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Это алерт индикатор к стратегии PROFIT+ V3 .
Используйте индикатор со стратегией и создавайте алерты
для получения уведомлений когда генерируются сигналы
на покупку и продажу.
Для получения доступа к стратегии и к данному индикатору,
пожалуйста, напишите мне в лс или в телеграм через ссылку ниже.
ADX TriggerThis script fires off a buy alert when the ADX is rising and above a user-defined value (default 25). It fires off a sell signal when ADX starts sloping downward. The lookback period to determine if it is sloping up/down (in bars) is also configurable by the user. The plot highlights green when there is a "go" signal. Thanks to @9e52f12edd034d28bdd5544e7ff92e for the idea.
Relative Strength Index Exin + ADX Hello friends, I wish you all the best.
Relative Strength İndex + Adx coding.
I'd like to talk a little bit about how it works
We can say that the ascension action begins when the green line rises above the red line
you can measure the success rate of this indicator from the past.
RSI The green dots at the bottom show reception.
RSI The red dots on the top indicate that sales may come.
RSI means purchase when the bottom is green
When the RSI top line turns red, it means sales
If my sharing has helped you, you can like and support it. Stay tuned to be notified of new analysis and indicators
DMA: ADX L30A modified version of the ADX indicator
Indicator average directional movement ( ADX ) helps traders determine the strength of the trend, not its actual direction. It can be used to determine whether changes in the market or starts a new trend. It refers to the average directional movement Index (DMI), and, in fact, included DMI ADX line . The oscillator ranges from 0 to 100, where high values noted a strong trend and low readings indicate a weak trend. It is often combined with directional indicators. The indicator was developed by Welles Wilder, who has created several leading trading indicators.
Disconnected the lines DI and set the horizontal level 30
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Модифицированная версия индикатора ADX .
Индикатор среднего направленного движения ( ADX ) помогает трейдерам определить силу тренда, а не его фактическое направление. Его можно использовать, чтобы выяснить, меняется ли рынок, или начинается новый тренд. Он относится к Индексу направленного движения (DMI) и, фактически, в DMI включена линия ADX . Осциллятор колеблется от 0 до 100, где высокие показания отмечают сильный тренд, а низкие показания указывают на слабый тренд. Он часто комбинируется с направленными индикаторами. Индикатор был разработан Уэллсом Уайлдером, который создал несколько ведущих торговых индикаторов.
Отключены линии DI и установлен горизонтальный уровень на значении 30
ADX and DI For Cryptocustomized version to add my favourite settings for crypto
Best time frame is daily followed by 4H
ADX Near 20 or less means trend is choppy and weak
ADX Cross over 30 means trend is starting to gain momentum
ADX Near 75 means momentum is near maximum, trend needs to rest for a while ( The area between 70~90 )
ADX + Keylevel + RSIThis script is a combination of the Average Directional Movement Index (ADX) help to determine the trend strength with a key level and Relative Strength Index is an oscillator that measures the speed and change of price movements.
ADX + KeylevelThe Average Directional Movement Index (ADX) help to determine the trend strength with a key level.
E.B. IndicatorThis is a custom indicator. When the green line crosses above the level 6, it's going to sell the stock. When it crosses down -6, it's going to buy the stock. You can change the level's number to adapt it to any asset.
It works for US30, or any Dow's Futures . But you can adapt it to any market, FOREX/Crypto/Stocks.
Also it works better in 5/15 min chart, but you can adapt it to any resolution too.
EntryModel is the level to make Buy and Sell transactions.
ExitModel is the level to close transactions.
If you would like to have the access, just DM me!
E.B. StrategyThis strategy use a custom indicator. When the green line cross above the level 6, it's going to sell the stock. When cross down -6, it's going to buy the stock. You can change the level's number to adapt it to any asset.
It works for US30, or any Dow's Futures . But you can adapt it to any market, FOREX/Crypto/Stocks.
Also it works better in 5/15 min chart, but you can adapt it to any resolution too.
We use EMA 100 and ADX 14 as a filter of the indicator.
EntryModel is the level to make Buy and Sell transactions.
ExitModel is the level to close transactions.
In TPandSL you can choose:
No -> if you want only buy and sell, without closing transactions.
Model -> you will use the ExitModel parameter to close transactions.
% -> if you want to use a percentage of TP and SL.
Volatility -> to adapt TP and SL with the volatility of the moment.
Pips -> if you want to use Pips to close transactions.
If you would like to have the access, just DM me!
E.B. ADXThis is a simple ADX with an EMA (9) that we use in our Strategy.
When the Red line crosses above the ema, it will start a new "Trend Scenario".
When the red line crosses down the ema, it will start a market without trend.
If you want the indicator just DM me!
Jackrabbit.modulus.ADXThis is the ADX indicator for the Jackrabbit suite and modulus framework.
This indicator supports differential timeframe analysis and confirmational bias. Timeframes supported:
1 Second, 5 Seconds, 15 Seconds, 30 Seconds, 1 Minute, 5 Minutes, 15 Minutes, 30 Minutes, 45 Minutes, 1 Hour, 2 Hours, 3 Hours, 4 Hours, 6 Hours, 8 Hours, 12 Hours, and 1 Day
The main indicatior and the confirmational indicator can both be individually tuned for the length of the ADX signal. When confirmation bias is enanled, its chart is inverted below 0.
The Jackrabbit modulus framework is a plug in play paradigm built to operate through TradingView's indicator on indicatior (IoI) functionality. As such, this script receives a signal line from the previous script in the IoI chain, and evaluates the buy/sell signals appropriate to the current analysis. The results are either combined with the signal line, or used as confirmation to the signal line. A new signal line is generated for the next script in the link.
Buy/Sell alerts are produced, but this script is not designed or meant to function outside my framework.
By default, the signal line is visible and the charts are turned off. Signal line visibility is controlled by the Style tab, and the charts display is controlled by the indicator settings tab.
This script is by invitation only. To learn more about accessing this script, please see my signature or send me a PM. Thank you.