KalGandikota

ADX Overlap with MACD Filter

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It’s a method/study to find trending stocks and cryptocurrencies using two different periods (14, 5) ADX Overlap with a MACD Filter. The MACD filter may or may not be used.

Green shadow implies Trending Uptrend
Red shadow implies Trending Downward

I am a disabled man. Therefore, I am not able to write in detail here today. More Details will follow as time permits. Please let me know if I am missing anything…

Legal Disclaimer: I am not bribed to write here and I am not seeking insider favors. I wrote here so I get replies from fellow viewers to educate myself and for my daily expenses. Hence, if anyone uses this post for making their decisions, I am not responsible for any failures incurred.

Safe Trading!
Kal Gandikota

PS: If you found this script interesting and edifying please follow and upvote.

PS2: Please kindly donate for my daily expenses (atleast as you would on streets) at the following addresses:
'BTC Wallet' - 1NeDC1GvpFa49DFLuT1v28ohFjqtoWXNQ5
ETH Wallet - 0x0450DCB7d4084c6cc6967584263cF6fBebA761D1
'BTS Wallet' - chip-maker
QTUM Wallet - QhqqV3WQV236Tz5ZbPceXXvU8aK2N4i78A
NEO Wallet - AUdiNJDW7boeUyYYNhX86p2T8eWwuELSGr

PS3: To open a cryptocurrency trading account at the brokerage where I trade most for now, please kindly use the following website(with referral code attached):
https://www.binance.com/?ref=18571297

PS4: For more information on ADX and MACD , please 'Google' or search here yourself.
Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.

Want to use this script on a chart?
Signature:Pls kindly donate for my daily expenses(atleast as you would on streets) at the following BTC Wallet address:

1NeDC1GvpFa49DFLuT1v28ohFjqtoWXNQ5

Checkout my signal generators python code at github by typing 'kalgandikota github' in Google

Comments

May God Bless you. Thank you for your valuable Contribution Sir.
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There are around 96 views. If you found this script(in whole or parts of code) useful, please kindly donate for my daily expenses (atleast as you would on streets) at the following addresses:

BTC Wallet - 1NeDC1GvpFa49DFLuT1v28ohFjqtoWXNQ5
ETH Wallet - 0x0450DCB7d4084c6cc6967584263cF6fBebA761D1
Reply
I was not able to edit the description. Therefore, writing here. This indicator also helps identify those Cryptos/crypto tokens that are either stronger or weaker relative to the underlying cryptocurrency(like BTC, ETH, USD etc.)

For instance,
if the indicator is green for NEOBTC, it implies that NEO is stronger than BTC
if the indicator is red for NEOBTC, it implies that NEO is weaker than BTC

In an automated Python based trading system, this indicator(of course translating it to Python) will seive out all those cryptos stronger or weaker than the underlying cryptocurrency(like BTC, ETH, USD etc.)
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