The goal of this study was to use ADX from Higher Timeframe - to determine trend direction Why? Because ADX is very sensitive, able to show trend ending without any delay, but not in the middle of it. Being able to see such immediate trend change on higher timeframe, is a great indicator of trend direction. Adding just security() calls to 'highest', 'lowest' and...
Plots the multiple time frame version of the classic ADX-DI indicoator. ADX DI+ and DI- ADX Threshold DI Histogram difference with 2 threshold lookback values For a similar multiple time frame indicator see the following scripts. They both use the historical + projection approach to yield non-repainting indicators. Fisher Transform...
This is a special ADX and DI which includes the following additional functions: cr1- allows you to set alerts based on if DI+ and DI- crossover each other leading to a new trend cr2- shows a constant background highlight of a trend. ADX threshold- you can set a threshold value so that any readings below that are ignored and the indicator paints a blank black...
This is combo strategies for get a cumulative signal. Result signal will return 1 if two strategies is long, -1 if all strategies is short and 0 if signals of strategies is not equal. First strategy This System was created from the Book "How I Tripled My Money In The Futures Market" by Ulf Jensen, Page 183. This is reverse type of strategies. The...
This is a strategy I built based on custom MACD and ADX/DMI settings. Works best for scalping the one hour. If you run into any issues let me know. If this script makes you money and feel thankful for all my hard work, you can donate to the addresses below <3 BTC: 3CS6VqDrCf7XRn46bqcXMUZQecbQJ7TKfs BCC/BCH:...
That line show me if the trend have strength.- Aveaverage directional index plus 23 Strength Line.
Introduction The non-signal version of the absolute strength indicator from fxcodebase.com requested by ernie76 . This indicator originally from mt4 aim to estimate the bullish/bearish force of the market by using various methods. The Indicator Two lines are plotted, a bull line (blue) representing the bullish/buying force and a bear one (red) representing...
ADX-DMI enhanced & modified for faster reaction ADX (black line) above 80 = mega-trend peaked, reversal imminent, rare case scenario ADX (black line) above 60 = trend topping out, reversal possible, depending on other indicators ADX (black line) above 25 threshold = trend strenghening DMI- (red line) - above 25 - bear trend strenghening DMI+ (green line) -...
This is adx dmi I added colors for easy viewing Hope you guys like it
Backtest of the same previous script with alerts. Range Filter + ADX + SAR + Trailing Stop + Take Profit
The strategy was authored by Hucklekiwi Pip back in 2015 and is still being updated today. She says that the system was designed to simply catch short-term forex trends. At its heart, the system is a simple EMA crossover strategy with a couple of other indicators used for confirming entries. Strategy Rules See her original post here: www.babypips.com Be...
The TradersHelpDesk ADX indicator combines the DMI+ and DMI- as a histogram with the ADX line (which is non-directional) shows trend strength and weakness.
The TradersHelpDesk easily identifies whether the DMI+ or DMI- is dominant, plus identifies when the market is trending using the ADX line. Since the ADX is a non-directional indicator, strong trends should show an increasing ADX line. Additionally, whenever the magenta dot is plotted, traders can expect price to retrace. If the ADX is above 70, then a stronger...
Average Directional Movement Index – ADX can be used to help measure the overall strength of a trend. The ADX indicator is an average of expanding price range values. The ADX is a component of the Directional Movement System developed by Welles Wilder. This indicator on its own does not give you a direction but instead measure the strength of the trend. In general...
Ver .1.0 ADX indicator for multi time frame support. マルチタイムフレーム対応のADXインジケーター。
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.