Average Directional Index (ADX)

Montdouan-De-Sprimont

We display here the ADX has a colored histogram, which is - green when ADX and DI+ are higher then DI-, while the ADX is increasing, meaning that we are in a potential uptrend--> we should rather be long (only buy if you have other concordant signals !) - red when ADX and DI- are higher then DI+, while the ADX is increasing, meaning that we are in a potential...

iolufemitalks

RSI, ADX, MACD

jwammo12 Updated 

This uses Zero lag principles to ADX. The cyan line is the zero lag line and the grey line is the traditional ADX

TheGeeBee Updated 

Updated version of previous Momentum Strength Entry Exit Pivot Study: //************************ // @TheGeeBee - Credit where used // //Notes: // // Use 1,2,3,5 minute timeframes // EMA Cross line and offset allows user to alter the sell characteristics where the candle low is above the EMA line and indicates a possible pre-pivot reversal // Adjust Min and Max...

laptevmaxim92 Updated 

This is the standard ADX & DI indicator, but combined in a single line, changing color when a trend changes and changing value when the trend is strong.

MauriceEverthin

This Adx +-Di is just a complete version of what the ADX is supposed to signal. So you have: 15 (contraction), 20 (threshold), 30 (expansion), 40 (resistance) levels. Below 20 the price is not trending Above 30 the price is trending Below 15 price has been in contraction for too long Between 20 and 30 price is in a "transition zone". I finally added a...

scarf Wizard

This bad boy shows the same info as a normal ADX & DI but I've endeavoured to remove a lot of the confusion. I also added red/green colour gradients to show how much ADX is trending, the darker the colour, the stronger the trend. This should help to avoid the upsidedowniness and confusion I've always found with the original. I made this a while ago and have made a...

SimoneNovo

An EMA is applied to the ADX in order to catch the exhaustion of a trend (i.e. ADX line crossunder EMAADX line) or the possible formation of a new one. In the first case, we would wait a confirmation signal, which happens when the crossunder has a value greater then 50. A new trend is created when the difference between the ADX and the EMAADX is positive, with ADX...

MikhailAntropov

ADX 14 is below 20 and 20 period EMA cross 90 period

MagicEins Updated 

A simple modification of the built-in "Average Directional Index": To identify wether there is an uptrend or a downtrend, the function color is conditional: no trend: black small uptrend (weak threshold): light green big uptrend (strong threshold): green small downtrend (weak threshold): light red big downtrend (strong threshold): red

GeertVD Updated 

Edit of the popular script by @TraderR0BERT New features: - horizontal colored areas, indication weak/medium/strong trend - vertical bars, signaling trend/momentum changes - DI+ vs DI- contraction/expansion histogram (to measure the DI volatility)

MarcoValente

5 indicators in 1. You can choose wich one you want to see (rsi ,aroon,macd,stoch or adx di) Usefull to save space for other indicators

Duyck Wizard Updated 

The indicator gives a multiplication of ADX and the DI+ and DI-values, color coded for bullish or bearish momentum the indicator was optimised for use with HA-candles, but works with regular candles as well and shows general market direction en divergence in a simpler visual way than the normal ADX-DI lines a threshold mask can be shown or omitted as...

Tr0sT Updated 

Another script based on Linda Raschke's strategy with the same name from her book about swing trading.

Duyck Wizard

Version 2 added support for MTF, to see the trend direction on the lower or higher timeframe. As an example to see the difference, the indicator is added three times, one time for the current TF, one set at the higher and one at the lower TF. Cudo's to Chris Moody for the MTF-switching-code!! JD.

Duyck Wizard

This indicator is based on the formulas in the original "ADX and DI" script of Masa Nakamuro The indicator gives a multiplication of ADX and the DI+ and DI-values, color coded for bullish or bearish momentum. The indicator was optimised for use with HA-candles, but works with regular candles as well and shows general market direction en divergence in a simpler...

Duyck Wizard

This indicator is based on the formulas in the original "ADX and DI" script of Masa Nakamuro The indicator gives a multiplication of ADX and the DI+ and DI- values, color coded for bullish or bearish momentum. The indicator was optimised for use with HA-candles, but works with regular candles as well and shows general market direction en divergence in a simpler...

cryptographic1

So... the popular version of "ADX and DI" shown on tradingview by masanakamura uses some wacky and incorrect formula for DI and uses SMA instead of the Wilder's MA that ADX/DI is supposed to use, and doesn't give the correct ADX and DI values. The Tradingview "Average Directional Index" uses the correct calculation but doesn't show DI+ and DI-. So, here it is with...