A modified version of the ADX indicator
Indicator average directional movement ( ADX ) helps traders determine the strength of the trend, not its actual direction. It can be used to determine whether changes in the market or starts a new trend. It refers to the average directional movement Index (DMI), and, in fact, included DMI ADX line . The oscillator ranges...
The Diosc indicator based on DMI is the combined version of -DI and +DI. While +DI is above (the trend is up), +DI is used and in the other case -DI is used. In addition, 9-day EMA was added to the graph so that sell/buy points could be seen on the histogram. Both sell/buy points and divergence/convergence can be followed on the graph.
Temeli DMI üzerine...
This script is very much beta!
This is a simple script to visualize how two symbols move in relation to each other. For example if the underlying symbol is a 2x Gold ETF (meaning the ticker moves at 2x the spot price of gold---if gold goes up 3% this ticker should go up 6%) and the comparison symbol is an 2x inverse gold ETF (at gold up 3% this should move down...
I have created an alternative visualisation of the ADX + DI indicator created by MasaNakamura, credits to them for providing the source code! :-)
The histogram represents the distance between the DI+ and the DI-. The crossing of the histogram is equal to the crossing of the DI lines.
The ADX line is coloured based on the threshold.
This creates a clean...
This is special indicator based on DMI , I add to time length MTF that is not repainting
you can change the MTF using int2 function
the alerts are based on crossing the 0 (up or down)
I hope you like it
with no MTF
This goes with my MrBS:DMI+ indicator. I originally combined them into one, but then you cannot set alerts based on what the ADX and DMI is doing, only strategy alerts, so separate ones have more flexibility and uses.
Indicator Version is found under "MrBS:Directional Movement Index "...
Use long and short moving average to look for a potential price in/out. (default as 14 and 7, bases on the history experience)
ADX and DMI to prevent the small volatility and tangling MA.
Test it in 4HR, "BINANCE:BTCUSDT"
From 12/1/2017- 11/1/2020 (Mixed Bull/Bear market)
KISS Addie is the ADX and DI+- indicator and is part of the 'keeping it simple' series. ADX is your Average Directional Index and DI is you Directional Movement Indicator.
ADX - Will show the strength of the trend regardless of direction.
00 - 10 : No trend
10 - 20 : Transitioning trend
20 - 40 : Trending
40 - 99 : Exhausted (Can also be considered a stronger...
I started this project with the goal of making a DMI/ADX that was easy to read at a glance. Its since become a little more then just colouring the slopes. The majority of the time, the best returns come from trending markets (THE TREND IS YOUR FRIEND... until the end) and I hope this helps people become good friends with the trends.
- A function...
Nothing more than a graphical tweak for the integrated Directional movement index (DMI). The purpose is to make the reading of the DMI easier and more immediate.
The area between DI+ and DI- is filled, and the indicator's range in divided into 4 sections, each of them representing a different price tendency:
- When ADX line is inside the red colored area (0-25),...
With this indicator, we seek to find convergence of RSI, Stoch and DMI for purchases or sales.
Search Buy when,
-Rsi over sold
-Stoch over sold
-DMI Over sold
Search Sell when,
-Rsi oon purchased
-Stoch on purchased
-DMI on purchased
Suggested time, 5M 15M
A handy all-in-one package for DMI and ADX
Color-coordinated line for DMI with an EMA and histogram to gauge momentum, mark potential reversals, and quickly gather all the information you need to make your decisions.
- Color of the ADX line indicates the current trend
- An ADX below the EMA indicates a potentially falling/reversing trend
This is a new indicator that make the normal DMI better
insread of the ADX I put a volume indicator that have been transformed to be on regular scripts
with this it much more easy to spot the true buy and sell points by the DMI