The ADX and MACD confluence can be a powerful predictor in stock movements. This script will help you find those confluences in an easy to understand visual manner. It includes Buy and Sell signals for detected confluences, and will show colored candles to help you determine when to exit a trade. When the candles turn to white that means the detected confluence...
STD Adaptive ADXm w/ Floating Levels is a standard deviation adaptive ADX indicator with adaptive floating boundary levels What is the ADX? Trading in the direction of a strong trend reduces risk and increases profit potential. The average directional index (ADX) is used to determine when the price is trending strongly. In many cases, it is the ultimate trend...
This simple indicator gives you a way to visualize ADX crossovers on your chart and is a good companion if you like to trade with the ADX. Green candles have a DI+ over DI- crossover, and vice versa for the red candles. It gives you the ability to turn on and off BUY and SELL signals generated from the ADX crossovers. Code is provided open source, feel free...
ADX is an oscillating indicator, displayed as a single line, ranging from 0 to 100, it only indicates the strength of the trend and does not indicate its direction. In other words, the ADX is non-directional, meaning that it measures the strength of a trend, but doesn’t distinguish between uptrend and downtrends. So, during a strong uptrend, the ADX rises and...
New method of visualising the directional index values as calculated by BeikabuOyaji . Uses the slightly incorrect version of calculating DI+ and DI- as per the original script, but these seem to work. Bars are coloured based on the higher DI value, green shades for DI+ being higher and red shades for DI-. The brighter coloured bars indicate that the higher DI...
The following indicator and chart pattern is based on a twist from Welles Wilder's parabolic stop and reverse . This is a trend following system which is essentially a dynamic trailing stop loss for longs and shorts. The system is often criticized for it's poor performance in choppy rangebound markets so people often combine it with other signals that attempt to...
Hello everyone, This is my first concept of bear market movmment nearfuture Bot is optimalised for --->>> BINANCE:BTCUSDT The core of this bot is using ATR trend to define trend, also uses rsi value to open new swingshorts (RSI-VWAP) or find a perfect close place (RSI OVERSOLD) This bot is only short bot for 100% maximalize profit from every move down from...
This is based on Dillon's double VWAP strategy. I enters when the ADX is low (aka not a trending market) and it's not close to the VWAP reset. Check it out.
This is a combination of indicators used to find oversold and overbought entry points for possible reversion. A Green arrow will appear when all condition are met for an ENTER LONG position. A Red arow will appear when all condition are met for an ENTER SHORT position. You can modify all of these condition parameters from the indicator's settings. How does...
Average Directional Index (ADX) See stockcharts.com for detail.
Hello, introduce another bot this BOT works best on a chart --->> BINANCE:BTCUSDTPERP this scalper is quite interesting It will perform very well on 2X Leverage (Solid leverage, not variable depending on the volume ) TP: 1.2 % TP-2: 2.3 SL : - I decided to not use stop-loss, but also I make this bot that way to open a tons of new position instead of change...
Quick Summary --------------------- The RedK Trader Pressure Index (REDK_TPX) analyzes the changes in price bars to give the trader a clear visual insight that represents the ongoing fight between the bulls (buyers) and bears (sellers) in the market - to determine who is in control of the price action, which in turn can be helpful in a trader’s decision about how...
ADX and DMI oscillator with the keylevel coded in to the script, set for 23, suggested settings is 23 - 25 any trade with the ADX above the keylevel is a strong indicator that it is trending.
Hello guys, today I would like to share an indicator that I had in my mind for quite some time. I call it ADX Boxes. How does it work? What the indicator does is very simple. Whenever the ADX falls below a certain threshold (which can be managed in the user input settings) a box will appear. The box will continue to grow as long as the ADX stays below the...
Inspired by the user scarf from Tradingview. In contrast with that other indicator, this one instead of a simple moving average (SMA) for the ADX calculations, uses a running moving average (RMA) or also known as Wilder's Average. I like having a histogram for the DI lines over just having lines alone because it makes it easier to see. In addition I made it so...
This is a slightly different way of plotting ADX used by Leaf_West at tradingwithleafwest.net The criteria for plotting this version of ADX are described in the Educational Info pdfs on the Website. This is my attempt to replicate Leaf_West's presentation of ADX. Use of the indicator is described in detail in the Educational info pdfs: tradingwithleafwest.net...
1 x ADR Movement Calculated on the Asian Session - Times can be altered to suit your parameters Daily Target is set High from low of Asian Range and Low from High of Asian Range 0-3X ADR Calculated and Displayed from a point you select for the following days targets - can be set Bearish or Bullish and ADR parameters can be altered Imbalance Finder - Can be...