This 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.
This 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.
A 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...
This 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.
The Average Directional Movement Index (ADX) help to determine the trend strength with a key level.
As the first in a series of weighted moving averages I propose I present to you the ADX Weighted Moving Average . The ADX Weighted Moving Average (ADXwma) calculates the average price over a certain period, contrary to the well known Volume weighted ma, it is weighted by the ADX value, the ADX value gives an indication of the "strength" of the market. In this...
KISS 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...
This DMI I modified to see the trend more clearly, and the ADX line changes according to the trend force, which is perfectly configurable, the configuration I left my default configuration, in case you want to modify it because you see the trend in different values, feel free, and basically the columns are the average of DI and also indicate the trend more...
I have created an alternative visualisation of the ADX + DI indicator created by MasaNakamura, credits to them for providing the source code! :-) The histogram represents the distance between the DI+ and the DI-. The crossing of the histogram is equal to the crossing of the DI lines. The ADX line is coloured based on the threshold. This creates a clean...
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 (...
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...
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...