Hello guys, today I would like to share an indicator that I had in my mind for quite some time. I call it ADX Boxes. How does it work? What the indicator does is very simple. Whenever the ADX falls below a certain threshold (which can be managed in the user input settings) a box will appear. The box will continue to grow as long as the ADX stays below the...
This trend following indicator is made up of 3 parts. A normalized (OBV) On Balance Volume (the gray line) which ranges between -100 and 100 and has a 55 period SMA overlayed (the orange line) to give an indication of the overall trend as far as volume goes. - If the volume decreases without a drop in price, it might indicate a move down. - If volume increases...
Here's a modern take on the famous DMI/ADX. i first wrote this on another platform few years ago, so i'm happy to be able to share it on TradingView quick refresher: what does DMI/ADX tell us: ------------------------------------------------------ in simple terms, at the core of this indicator, there are 3 main calculations / lines: the Plus Directional Index (...
MTPSR provides 6 boards to watch pivots, supports, and resistances in cross timeframes. By default, timeframes are 15m, 30m, 1hr, 2hr, 4hr, and 1D with the current ticker, but they are changeable on indicator setting. The Pivot, Support, and Resistances have 2 algorithms; Fibonacci or Classic. Default is Classic, but you can change on indicator setting. MTPSR...
This indicator includes StochRSI, RSI and a double RSI-EMA. By combining StochRSI with the RSI , it becomes very powerful for directional moves. The double EMA-RSI powerful in itself, helps filter out typical noise by showing trend strength allowing for greater profits by holding the trade longer.
This script uses Parabolic SAR with the 200 EMA to determine long and short trends. Only long signals are given when the price is above the 200MA and shorts when it is below. Signals are further filtered using ADX to reduce noise. Suitable for trading bots where open positions in the same type are set to be ignored. Alerts are built in.
This indicator is a version of the ADX and DMI indicators optimized for maximum information conveyance related to trending price action in a compact space. Use the ADX barchart to determine strength of trend. There are various configurable thresholds for this measurement as well as peak marking within the exhaustion zone. The higher the values in the bar chart,...
Volatility Traders Minds Strategy (VTM Strategy) I found this startegy on internet, with a video explaingin how it works. Conditions for entry: 1 - Candles must to be above or bellow the 48 MA (Yellow line) 2 - Candles must to break the middle of bollinger bands 3 - Macd must to be above or bellow zero level; 4 - ADX must to be above 25 level Credits to who...
Hey guys, I recently used the "ADX and DI" indicator in a variety of my own scripts. Because I keep on developing version 4 scripts and the "ADX and DI" indicator is developed in one of the previous PineScript versions, I had to update the old script every time I wanted to use it. I decided to publish the updated version and also changed a few things: - ADX...
Standart stochastic with dynamic period, based on ADX
This is the last of the 'RePaNoCHa' script for Automatic Trading ;-) ... This time with two take profits ... It Use 6 indicators + volume: -JURIK MOVING AVERAGE -RANGE FILTER -ADX -PARABOLIC SAR -RSI + VOLUME WEIGHTED -MACD -VOLUME To close the position you can choose between 2 Take Profit and the amount to use on each one. You can transform it yourself into...
I tried to convert ADX to MTF. The trend strength can be judged with ADX. It can be judged that a trend below 20 is a weak trend, a trend above 40 is a strong trend, and a trend above 50 is a very strong trend. As for the color of ADX, the green part is rising and the red part is falling. It is assumed that you will make a position at the moment when it turns...
Ver1.0 The trend of ADX has been made easier to understand visually. The line color changes when the specified value is exceeded. ADXのトレンド発生を視覚的に分かりやすくしました。 指定数値以上でラインの色が変わります。
Script for automatic trading (Alerts). This is the second part of the previous RePanoCHa script but with Take Profit. It Use 6 indicators + volume: -JURIK MOVING AVERAGE -RANGE FILTER (DONOVAN WALL) -ADX (ORIGINAL VERSION) -PARABOLIC SAR -RSI + VOLUME WEIGHTED (LAZYBEAR) -MACD -VOLUME To close the position you can choose between Take Profit only, Trailing Stop...
Alright - so this is my own version of John Carter's "10x Bars"... I have done multiple things that are different from his version so they are slightly different.. So first of all the main indicator is based off of the ADX and the DMI; For those who aren't familiar with it, Directional Movement is what you'd pull up under "built-in's" from the indicators tab...
Script for automatic trading (Backtest). This is the second part of the previous RePanoCHa script but with Take Profit. It Use 6 indicators + volume: -JURIK MOVING AVERAGE -RANGE FILTER (from Donovan Wall) -ADX (ORIGINAL VERSION) -PARABOLIC SAR -RSI + VOLUME WEIGHTED -MACD -VOLUME To close the position you can choose between Take Profit only, Trailing Stop only...
My favorite indicator to date. It plots three timeframe ADX lines on one chart along with a Key Level. Once all the lines are above the Key Level the market is trending heavily. Warning! Just like the standard ADX, the script DOES NOT show the direction of the trend, only its STRENGHT! I set the secondary ADX's lines to 11, but that can be changed based on your...
Description: 3 Lines are Stochastic RSI's, strongest move is when all crosses and moves to one direction (from top or bottom). Orange is original Stochastic of the timeline. (Live movement of price). Green is original Stoch x 6. (Short term movement). Red is original Stoch x27 (Long term price movement). Transparent columns are ADX signal. Higher the mountain,...