binarytrader666

ADX by cobra

adx by cobra
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study("ADX and DI")
len = input(title="Length", type=integer, defval=3)
len1 = input(title="Length1", type=integer, defval=1)
th = input(title="threshold", type=integer, defval=20)

TrueRange = max(max(high-low, abs(high-nz(close[1]))), abs(low-nz(close[1])))
DirectionalMovementPlus = high-nz(high[1]) > nz(low[1])-low ? max(high-nz(high[1]), 0): 0
DirectionalMovementMinus = nz(low[1])-low > high-nz(high[1]) ? max(nz(low[1])-low, 0): 0


SmoothedTrueRange = nz(SmoothedTrueRange[1]) - (nz(SmoothedTrueRange[1])/len) + TrueRange
SmoothedDirectionalMovementPlus = nz(SmoothedDirectionalMovementPlus[1]) - (nz(SmoothedDirectionalMovementPlus[1])/len) + DirectionalMovementPlus
SmoothedDirectionalMovementMinus = nz(SmoothedDirectionalMovementMinus[1]) - (nz(SmoothedDirectionalMovementMinus[1])/len) + DirectionalMovementMinus

DIPlus = SmoothedDirectionalMovementPlus / SmoothedTrueRange * 100
DIMinus = SmoothedDirectionalMovementMinus / SmoothedTrueRange * 100
DX = abs(DIPlus-DIMinus) / (DIPlus+DIMinus)*100
ADX = sma(DX, len)
//Skuska
crosscall = (DIPlus > DIMinus)
crossput = (DIMinus > DIPlus)
DIPcross = sma(crosscall, len1)
DIPput = sma(crossput, len1)
DIPOVB = (DIPlus > 60)
DIMOVS = (DIMinus > 60)


bgcolor(DIMOVS ? lime : na, transp=40)
bgcolor(DIPOVB ? orange : na, transp=20)
plot(DIPlus, color=green, linewidth=3, title="DI+")
plot(DIMinus, color=red, linewidth=3, title="DI-")
plot(ADX, color=white, linewidth=1, title="ADX")
hline(th, color=white, linewidth=1, linestyle=dashed)
bgcolor(DIPcross ? green : na, transp=60)
bgcolor(DIPput ? red : na, transp=60)
How can I use this script ? thanks
+1 Reply
Hello! Please tell me how I can put the ADX indicator by cobra on the MT4 platform and how to use the script to him? Thanks in advance!
Reply
@kss5, hi, i dont know ho to implement it on the mt4, i wrote it here o TV and im using it only here..
+1 Reply
Can you tell me where to download this indicator and how to configure it? Please.
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Good day! Sorry, but I do not understand how can I download the indicator? Please help to understand. And how do I add it to MT4.
Reply
@kss5, im not sure, but try add it to your favourites, make a copy of it and then you can configure it in pine script editor, but i dont know how to add it to mt4, im sorry
Reply
Sorry, but I don't know how to add it to your favorites. If You mean the bookmark, it isn't. I need the installation file in the format "EX4"
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Where to find it?
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Hello! Excuse me, but I don't know what is a Pine script and how to do it and in what order to copy the text. After all, both letters with the text came at one time. Please help to understand!
Reply
@kss5, you can see pine script editor on the bottom of page where you looking at chart. i sent you 2 pages because of limit in chat. you must copy both to pine script, save it and apply to chart. if you still dont understand, you should look to faq.
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Hello! Possible to talk with You outside of this website?
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ВЫ МОЁ ПИСЬМО ПОЛУЧИЛИ?
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how to put adx cobra in trading view ? I was search adx cobra but I dont find ? I'm waiting thanks
Reply
binarytrader666 MikaelHarts
@MikaelHarts, just copy it to your pine script and save
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