This indicator includes StochRSI, RSI and a double RSI-EMA. By combining StochRSI with the RSI , it becomes very powerful for directional moves. The double EMA-RSI powerful in itself, helps filter out typical noise by showing trend strength allowing for greater profits by holding the trade longer.
This script uses Parabolic SAR with the 200 EMA to determine long and short trends. Only long signals are given when the price is above the 200MA and shorts when it is below. Signals are further filtered using ADX to reduce noise. Suitable for trading bots where open positions in the same type are set to be ignored. Alerts are built in.
This indicator is a version of the ADX and DMI indicators optimized for maximum information conveyance related to trending price action in a compact space. Use the ADX barchart to determine strength of trend. There are various configurable thresholds for this measurement as well as peak marking within the exhaustion zone. The higher the values in the bar chart,...
Hey guys, I recently used the "ADX and DI" indicator in a variety of my own scripts. Because I keep on developing version 4 scripts and the "ADX and DI" indicator is developed in one of the previous PineScript versions, I had to update the old script every time I wanted to use it. I decided to publish the updated version and also changed a few things: - ADX...
Standart stochastic with dynamic period, based on ADX
I tried to convert ADX to MTF. The trend strength can be judged with ADX. It can be judged that a trend below 20 is a weak trend, a trend above 40 is a strong trend, and a trend above 50 is a very strong trend. As for the color of ADX, the green part is rising and the red part is falling. It is assumed that you will make a position at the moment when it turns...
Ver1.0 The trend of ADX has been made easier to understand visually. The line color changes when the specified value is exceeded. ADXのトレンド発生を視覚的に分かりやすくしました。 指定数値以上でラインの色が変わります。
Script for automatic trading (Alerts). This is the second part of the previous RePanoCHa script but with Take Profit. It Use 6 indicators + volume: -JURIK MOVING AVERAGE -RANGE FILTER (DONOVAN WALL) -ADX (ORIGINAL VERSION) -PARABOLIC SAR -RSI + VOLUME WEIGHTED (LAZYBEAR) -MACD -VOLUME To close the position you can choose between Take Profit only, Trailing Stop...
Alright - so this is my own version of John Carter's "10x Bars"... I have done multiple things that are different from his version so they are slightly different.. So first of all the main indicator is based off of the ADX and the DMI; For those who aren't familiar with it, Directional Movement is what you'd pull up under "built-in's" from the indicators tab...
My favorite indicator to date. It plots three timeframe ADX lines on one chart along with a Key Level. Once all the lines are above the Key Level the market is trending heavily. Warning! Just like the standard ADX, the script DOES NOT show the direction of the trend, only its STRENGHT! I set the secondary ADX's lines to 11, but that can be changed based on your...
Description: 3 Lines are Stochastic RSI's, strongest move is when all crosses and moves to one direction (from top or bottom). Orange is original Stochastic of the timeline. (Live movement of price). Green is original Stoch x 6. (Short term movement). Red is original Stoch x27 (Long term price movement). Transparent columns are ADX signal. Higher the mountain,...
This indicator will time Breakouts. DMI+ (DMI Plus) = Blue = Buying Pressure. DMI- (DMI Minus) = Pink = Selling Pressure. ADX = Overall strength of a Trend. White = Trend is strong and gaining momentum, Gray = Trend is Weakening. Can apply same logic for Divergences on DMI+ and DMI- lines.
This script comes with the following indicators and features: ADX indicator Chop indicator Super Trend indicator Trailing Take Profit and Stop Loss Entry, Take Profit, and Stop Loss Alerts Renko chart support And a few more indicators in the back-end to increase accuracy and optimize entries This script works really well as a scalper on lower...
Indicator DMX (Bipolar DMI) is calculated using the standard indicator ADX. However, as compared to that, it displays data as an oscillator with a signal line, and has shorter delay. DMX = (P-M) / (P+M) Signal = MA(DMX, Signal period, Method) where: P - (+DI) ADX indicator line; M - (-DI) ADX indicator line. Source: www.mql5.com
The Directional system is a trend-following method developed by J. Welles Wilder, in the mid-1970s. It identifies trends and shows when a trend is moving fast enough to make it worth following. It helps traders to profit by taking chunks out of the middle of important trends. Trading Rules 1. Trade only from the long side when the positive Directional line is...
Acknowledgements: Everget for Chandelier Exit indicator, mortdiggiddy for the Adaptive ATR-ADX Trend indicator This indicator is a duct-tape combination of the two aforementioned indicators. I wanted a combination of potential stop options, some dynamic and others not, but both at the same time. It is less intrusive/clunky than the Fib-Pivot-Stop indicator, but...
Fill indicates Strong Trend Cross indicates End of Trend -- El relleno indica una fuerte tendencia cuando el Di supera "Level Trend" El cruce de Di+ con Di- indica el fin de la tendencia Cuando el valor del ADX es menor a "Level Range", estamos en Rango
It's a remake of the previous script but for use in reverse positions at the same time. In this script the reality could be even better than the Backtest, because, only close the position with profit, so profitability should be 100%, and Longs and Shorts don't mix because they are independent. In real trade, you need an exchange that allows you to go in reverse...