Average Directional Index (ADX)

wojak_bogdanoff Updated 

ADX is an oscillating indicator, displayed as a single line, ranging from 0 to 100, it only indicates the strength of the trend and does not indicate its direction. In other words, the ADX is non-directional, meaning that it measures the strength of a trend, but doesn’t distinguish between uptrend and downtrends. So, during a strong uptrend, the ADX rises and...

TradersUltimateEdge

The ADX and MACD confluence can be a powerful predictor in stock movements. This script will help you find those confluences in an easy to understand visual manner. It includes Buy and Sell signals for detected confluences, and will show colored candles to help you determine when to exit a trade. When the candles turn to white that means the detected confluence...

TradersUltimateEdge

This simple indicator gives you a way to visualize ADX crossovers on your chart and is a good companion if you like to trade with the ADX. Green candles have a DI+ over DI- crossover, and vice versa for the red candles. It gives you the ability to turn on and off BUY and SELL signals generated from the ADX crossovers. Code is provided open source, feel free...

jordanfray Updated 

This is based on Dillon's double VWAP strategy. I enters when the ADX is low (aka not a trending market) and it's not close to the VWAP reset. Check it out.

frixou89 Updated 

This is a combination of indicators used to find oversold and overbought entry points for possible reversion. A Green arrow will appear when all condition are met for an ENTER LONG position. A Red arow will appear when all condition are met for an ENTER SHORT position. You can modify all of these condition parameters from the indicator's settings. How does...

ThePineGuru

Dynamic ADX by The Pine Guru What is the Dynamic ADX? The Dynamic ADX is an indicator created using the regular ADX, Line, and additional ADX Moving Average. This MA allows the script to calculate the ADX differently to the original ADX, providing greater input and accessibility to the user. As the ADX is a volatility indicator, it is communicates to trend...

DynamicSignalLab

Dear TV''ers, Hereby a script where i created a simple strategy using the underappreciated chande kroll stop indicator. Short signal is when the close crosses under the orange line and a long signal is generated upon a crossover of a close candle of the blue line. Additionally you have the option to filter using ADX the minimize getting rekt in a choppy...

rolgui

About this indicator: This indicator aims to combine two good performing strategies, which can be used separately or together, mainly for investment positions, although it can also be used for intraday trading. Strategy 1) Squeeze Oscillator and Average Directional Index: This strategy is taught by Jaime Aibsai, which determines market entries based on reading...

lastguru

As a longtime fan of ADX, looking at Vortex Indicator I often wondered, where is the third line. I have rarely seen that anybody is calculating it. So, here it is: Average Vortex Index - an ADX calculated from Vortex Indicator. I interpret it similarly to the ADX indicator: higher values show stronger trend. If you discover other interpretation or have...

pigsq Updated 

A strategy created using Hull Moving Average and WT Cross . Hull Moving Average turns green and WT Cross crossover this is a long. Otherwise short. Stop Loss and Take Profit settings are available. You can set it to the level you want or turn it off. According to my measurements, it shows the best performance in the 4-hour period. But you can find the best...

TheBacktestGuy

It is an extended ADX and Direction Movement Index indicator with the following changes: It shows a histogram instead of the DMI lines. If the histogram is green, the DMI+ is above DMI-, otherwise it is red. You can specify a multiplier for the histogram values to check if values are above threshold. This way you can use the same threshold line as ADX to...

bharatc99 Updated 

This script plots VWMA(ADX) vs EMA(DI+) under pre-set time frame. Feature: The Main Strategy is to look for potential BUY opportunity (Intraday trading, Session trading, Swing) when EMA(DI+) colored blue, entering upward into Green zone where ADX counterpart (default colored: Yellow) is also present. Formula plot is also helpful to understand upcoming...

CryptoDINGUE Updated 

This is the updated script for PinceScrip V5 3x DMI and ADX indicator into 1. You can turn on and off all 3x DMI and all 3x ADX and or customize their settings manually. I also added my 3 line system, which is a homemade calculation from the DMI lines (P+N), and instead turns them into a single line. There are also several options for histogram, ADX line,...

exlux99

Contrarian Scalping is an trading strategy designed to take advanted of a counter-trend. The advantage of these strrategies types is that they have a good profitability but with do not great gain (in relation at the time frame). Indicators used: Bollinger Envelope ADX Stochastic Rules for entry For short: close of the price is above upper band from bb and...

wielkieef

BINANCE:BTCUSDTPERP Hello, this is my alerts version of BTCUSDTPERP MEGABOT 60min THIS BOT IS ONLY FOR BTCUSDTPERP ON BINANCEFUTURES !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! This configs are only for this pair on this market, It depends of volume , and others indicator Bot is making amazing results at configs TP - 4.5% SL - 7% Strategy using 4 indicators...

jmgneves Updated 

For quicker and easier interpretation, ADX line is displayed in a heatmap style. The more absolute difference between both DIs, the more intense the color. Because some people use 20 ADX reference and others use 25 ADX reference to confirm the trend, I just add both as reference lines in a 'golden box' Additionally, reference lines were added with default values...

zerocashcool

// Identify potential trend reversals using ADX on up to 40 crypto assets. // ADX shows the strength of a trend, not the direction. // By monitoring the difference of ADX values between candles, you can potentially identify reversals before they happen. // A strong trend has a 14 period ADX slope increasing .5 or more from the prior candle. // At a minimum, a weak...

Travelling_Trader Updated 

1 x ADR Movement Calculated on the Asian Session - Times can be altered to suit your parameters Daily Target is set High from low of Asian Range and Low from High of Asian Range 0-3X ADR Calculated and Displayed from a point you select for the following days targets - can be set Bearish or Bullish and ADR parameters can be altered Imbalance Finder - Can be...