Average Directional Index (ADX)

sudoMode Updated 

╭━━━╮ ╰╮╭╮┃ ╱┃┃┃┣╮╱╭┳━╮╭━━┳╮╭┳━━╮ ╱┃┃┃┃┃╱┃┃╭╮┫╭╮┃╰╯┃╭╮┃ ╭╯╰╯┃╰━╯┃┃┃┃╭╮┃┃┃┃╰╯┃ ╰━━━┻━╮╭┻╯╰┻╯╰┻┻┻┻━━╯ ╱╱╱╱╭━╯┃ ╱╱╱╱╰━━╯ Overview Dynamo is built to be the Swiss-knife for price-movement & strength detection, it aims to provide a holistic view of the current price across multiple dimensions. This is achieved by combining 3 very specific indicators(RSI,...

KiomarsRakei

█ OVERVIEW "ADX" is a popular technical analysis indicator used to determine trend strength. Advanced ADX is divided in two main sectors: Default ADX Higher time frame ADX analysis and trend phase █ DESCRIPTION You have two ADX's, One has the same time frame as your chart and the other one can be set by yourself in settings, Named Vision time frame. Default...

jatinder.sodhi

Simple table to show the values for indicators which can be used to initiate trades: RSI: Long above 55 // Short below 45 // Choppy between 45-55 DI+: Long above 25 DI-: Short above 25 Note when to avoid trend trades: - If DI+ and DI- are both below 25 then market is choppy - If RSI is between 45-55 then market is choppy

OmegaTools Updated 

Thie indicator is a modified and upgraded version of the popular ADX tool. ADX is used to determine the strength of a trend, and also to determine the direction in which the trend is likely to go. With this script, I have added in the formula the usage of volume, leading to the following functionality. The length is used to determine the period to calculate...

chervolino

The default Average Directional Index (ADX) helps traders determine the strength of a trend, not its actual direction. The Clean ADX helps traders determine the strength of a trend on a longer time, and the possible direction on different timeframes. The bidirectional Breakout Volume determines both directions of breakout or breakdown volume. When volume is high...

glst0rm

I developed this indicator as a "regime detection" for my algo trading bot. It uses the ADX +/- values with a few twists. - If ADX DI+ is over 30 and DI- is below 20 and falling (inverse for shorts) - Price action rising/falling thru various VWAP standard deviations indicates a strong trend break - Some other custom juju (open source so have fun). I use this...

jordanfray Updated 

Core to this indicator is the rate at which DI+ and DI- are moving away or towards each other. This is called The Rate of Change (ROC). The ROC length dictates how many bars back you want to compare to the current bar to see how much it has changed. It is calculated like this: (source - source /source ) * 100 This indicator has 4 values in the status line: ...

ngodinhnhan

Chi bao ADX cho he thong Forex. Bao gom DI+; DI-; va duong ADX,

Sharmasagar1

The script filters stocks on the basis of ATR. If the stock has moved above 7 times the ATR from the lows, the system generates buy signal and continues till the stock drops by 2 ATR. It is a good system in trending markets however in sideways consolidating markets, the system must be avoided. In trending markets it can generate good returns with significant Risk...

x10140

MADX is ADX-inspired indicator with moving averages that determines strength of a trend, as well as its direction. Indicator works following: As the value of MADX increases, so does the strength of a trend If MADX+ ( green line - bullish MADX ) crosses above MADX- ( red line - bearish MADX ) we consider trend as bullish and vice versa.. There will be situations...

syntaxgeek

What makes this different from directional movement index? The aim is to reduce the amount of data analysis necessary before taking action; currently using DMI requires reviewing the DM+ and DM- plots, and ADX as well as review the overall trend of each one. Also there is the final analysis to determine whether a strong trend hasn’t been established at...

TrendSurfersSignals

This script mixes the Lazybear Momentum indicator, ADX indicator, and EMA. Histogram meaning: Green = The momentum is growing and the ADX is growing or above your set value Red = The momentum is growing on the downside and the ADX is growing or above your set value Orange = The market doesn't have enough momentum or the ADX is not growing or above your value...

jordanfray

What is This For? The default settings for this indicator are for BINANCE:BTCUSDT and intended to be used on the 3D timeframe to identify market trends. This indicator does a great job identifying whether the market is bullish, bearish, or consolidating. This can also work well on lower time frames to help identify when a trend is strong or when it's reversing....

loxx

ADXVMA iTrend is an iTrend indicator with ADXVMA smoothing. Trend is used to determine where the trend starts and ends. Adjust the period inputs accordingly to suit your backtest requirements. This is also useful for scalping lower timeframes. What is the ADXvma - Average Directional Volatility Moving Average? Linnsoft's ADXvma formula is a volatility-based...

loxx

VHF Adaptive ADXm is a variation of the ADX DI indicator with adaptive filtering using a vertical horizontal filter. What is ADXm? Unlike the traditional ADX indicator, where the ADX itself is plotted in absolute units and detection of the trend direction is hindered, this indicator clearly displays the positive and negative ADX half-waves (displayed as...

andre_007 Updated 

█ CONCEPTS DMI Stochastic Extreme was originally published by Barbara Star, PhD, in TASC magazine of January 2013. Basically it describes an improved version of the ADX DI+/DI- indicator, created by J. Welles Wilder. In the setup described by the author, the DMI Oscillator is used together with a stochastic oscillator of DMI. First, the DMI Oscillator is...

m_b_round

New method of visualising the directional index values as calculated by BeikabuOyaji . Uses the slightly incorrect version of calculating DI+ and DI- as per the original script, but these seem to work. Bars are coloured based on the higher DI value, green shades for DI+ being higher and red shades for DI-. The brighter coloured bars indicate that the higher DI...

loxx Updated 

STD Adaptive ADXm w/ Floating Levels is a standard deviation adaptive ADX indicator with adaptive floating boundary levels What is the ADX? Trading in the direction of a strong trend reduces risk and increases profit potential. The average directional index (ADX) is used to determine when the price is trending strongly. In many cases, it is the ultimate trend...