RSX-D [ID: AC-P]The "AC-P" version of Jaggedsoft's RSX Divergence and Everget's RSX script is my personal customized version of RSX with the following additions and modifications:
LSMA-D line that averages in three LSMA components to form a composite, the LSMA-D line. Offset for the LSMA-D line is set to -2 to offset latency from averaging togther the LSMA components to form a composite - recommended to adjust to your timeframe and asset/pair accordingly.
Divergence component from JustUncle, RicardoSantos, and Neobutane divergence scripts
Crossover indication and alerts for Midline, and custom M1 and M2 levels for both RSX and the LSMA-D line from Daveatt's CCI Stochastic Script
EMA21/55 zone cross highlighting option
SMA9/EMA45 MA option from my RSI sma/ema Cu script
Libertus Divergences and Pivot labels from Jaggedsoft's RSX Divergence script are hidden/off by default
Designed for darkmode by default. Minor visual changes from Jaggedsoft's and Everget's script(s) for darkmode and visual aesthetic.
Please Note:
Divergences that use fractal-based detection logic, offset, or a combination of both generally have a 1-2 bar/candle lag. This is an INHERENT limitation of divergence detection with fractals and offsets. Divergences generally will have a higher strikerate on HTF than LTF due to the 1-2 bar lag. While I'm not going to rule out a programming solution or math construct/formula that attempts to alleivates the 1-2 bar lag for divergences, this script is not it - please keep that in mind when using divergence components with a fractal base and offset.
LSMA-D is a composite of three LSMA lines, all with offset options. Different lengths and Offset values can compensate/adjust for the smoothing/latency from RSX, but only up to a certain point. For each LSMA, the least square regression line is calculated for the previous time periods, so the idea is that with finely tuned adjustments, you can get crossover/crossunder signals from the RSX with the LSMA-D line that you simply can't get with the SMA9/EMA45 due to the already smoothed RSX.
The defaults for the RSX and various components for the LSMA-D here will MOSTLY LIKELY NOT WORK OR BE APPLICABLE to every timeframe and asset that you trade - adjust, backtest, and test accordingly. The defaults are here are MEANT to be adjusted to the asset class and timeframe that you are trading.
If you're not familiar with the LSMA, tradingview author Alexgrover has a few great scripts that go into detail how the LSMA works, in addition to different interpretations and implementations of the LSMA.
References/Acknowledgements:
//@version=4
// Copyright (c) 2019-present, Alex Orekhov (everget)
// Jurik RSX script may be freely distributed under the MIT license.
//
//-------------------------------------------------------------------
// Acknowledgements:
//---- Base script:
// RSX Divergence — SharkCIA by Jaggedsoft
//
// Jurik Moving Average by Everget
//
//---- Divergences/Signals:
// Libertus RSI Divergences
//
// Price Divergence Dectector V3 by JustUncle
//
// Price Divergence Detector V2 by RicardoSantos
//
// Stochastic RSI with Divergences by Neobutane
//
// CCI Stochastic by Daveatt
//
//---- Misc. Reference:
// RSI SMA/EMA Cu by Auroagwei
//
// CBCI Cu by Auroagwei
//
// Chop and explode by fhenry0331
//
// T-Step LSMA by RafaelZioni
//
// Scripts by Jaggedsoft for structure and formatting
// Scripts by Everget for structure and formatting
//-------------------------------------------------------------------
// RSX-D v08
// Author: Auroagwei
// www.tradingview.com
//-------------------------------------------------------------------
Índice de direção de movimento médio (ADX)
Hashem DMI/ADXThis 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.
Hashharvest - ADX Shader v1ADX Shader overlay. Places a background overlay for ADX weak trend (>20 and <25) and places a background overlay for a string trend (>25). Will also show Positive DM and Negative DM crosses.
Fabonacci Trailer - [Backtester]This study 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
The study version with all alerts can be found in my profile. It is not repainting and we advise to use alerts on “Once Per Bar Close”.
Please note that this script is based on invite only.
Fabonacci Trailer - [Alerts]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 Time Frames as well as on higher Time Frames. Besides that you can also use it on pretty much any coin or asset.
This script is not repainting. We advise to use alerts on “Once Per Bar Close”.
If you’d like to automate this script you can do that by using AutoView, ProfitView, ProfitTrailer, CryptoHopper etc.
Please note that this script is based on invite only.
That One Indicator (Free) - [Backtester]This Backtester comes with the following indicators:
Bollinger Bands
ADX
Moving Average Trend Confirmation Filter ( EMA , SMA , DEMA , TEMA , WMA , VWMA , SMMA , HullMA, LSMA , ALMA , SSMA, TMA, ZLEMA )
And a few more indicators in the back-end to increase accuracy
This strategy works really well as a scalper on lower Time Frames as well as on higher Time Frames. Besides that you can also trade it on pretty much any coin or asset.
The alerts script is not repainting. We advise to use alerts on “Once Per Bar Close”.
If you’d like to automate this strategy you can do that by using our alerts script with AutoView, ProfitView, ProfitTrailer, CryptoHopper etc.
Alerts are set very clearly as Long and Short to avoid confusion.
Feel free to leave a comment and share it with your friends.
inwCoin ADX DI+- Risk% Strategy.=========================
English
=========================
Using simple ADX DI+- cross over to determine entry/exit
Buy = Green cross Red down
Sell = Red cross Green up
==========================
Thai
==========================
ลองเอา ADX DI+- มาใส่ strategy คุม Risk% ดู
ก็พบว่า ให้ผลค่อนข้าง ขี้โม้พอสมควร 55
แต่อย่างน้อยมันก็บอกจุดเข้าให้เราได้ อย่างถ้าดูตอนปีนี้ ใน TF Week จะเห็นเลยว่า มันบอกให้เข้า นานแล้ว แต่ยังไม่บอกให้ออกเลย
ตัวนี้ผมแนะนำให้ใช้แบบ TF Week ขึ้นไป สำหรับการรันเทรน เพราะไม่งั้นมันเข้าถี่เกิน ผลอาจจะมั่วซั่วได้
DAX Shooter 5M StrategyThis is a simple strategy that applies very well for scaling indices to 5 minutes especially for the DAX. The algorithm provides for buying or selling when the market is very "pulled". The rules are as follows:
you buy when:
1- The ADX indicator with the standard settings is greater than 32.
2- the RSI indicator set to 7 periods is crossing upwards the oversold line at 30
3- the candle minimum is lower than the lower band of bollinger bands set to 50 periods.
is sold when:
1- ADX indicator with standard settings is greater than 32.
2 - the RSI indicator set to 7 periods is crossing downwards the overbought line at 70
3- the maximum of the candle is higher than the upper band of the bollinger bands set to 50 periods.
Money management is at the discretion of the trader but usually it is better to set a fixed stop loss and a take profit on reaching the opposite bollinger band.
Enjoy trading at all!
ADX Di+ Di- [Gu5]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
London_NYThis is a session indicator that is one color from beginning of London Session to end of New York Session.
ADX indicatorUsed for trendanalysis - fill colors give the user an idea of trend direction - and/or shift in trend.
Enjoy
Strategy JonathanThis script is a request from trader Jonathan.
We use Bolinger bands to scan for market extremes.
ADX ColorO ADX avalia tendências de alta e baixa, buscando mostrar um movimento direcional.
O indicador é composto por três linhas: DI+, DI- e ADX;
Onde o ADX representa o índice das médias do movimento direcional.
O DI+ ocorre quando o valor do preço máximo do candle for maior que o do candle anterior, assim, temos um movimento direcional positivo.
DI+ = Máx(c) – Máx(c – 1)
E o DI- representa o movimento direcional negativo, ele ocorre quando a mínima do candle for menor que a mínima do candle anterior.
DI- = Mín(c) – Mín(c-1)
Dessa forma, se o ADX e o DI- estiverem acima do DI+ e com ADX subindo acima de 25, será o melhor momento para estar vendido, e que a tendência de baixa é forte.
E quando as médias ficam se cruzando entre si, significará que o ativo pode apenas estar em congestão, ou seja sem tendência.
Adaptive DC of RSX+MFX and trend strengthAdaptive Donchian Channel drawn over RSX + MFI. Zero-lag trend strength estimation has been added as well. Experimental version.
ADX GapperBased on the ADX Gapper strategy described in the book Street Smarts, it looks to exploit retracement to a prevailing trend when there has been a gap away from the trend, giving you multiple potential entries. It uses the ADX to determine a trend and detects when there is a gap to signal an entry day where:
You would enter short if the DI-(red line) > DI+ (green line), ADX (blue area) > 30 indicating a strong trend and if there is a gap up from the previous day. If all the described conditions are met then you would place a short stop at the previous day highs and trail a stop until the end of the day. This strategy is meant to give you trades to hold for 1 day (the day you enter) or 2 days if you consider you should hold it overnight.
ADX and DI With Coloured Histogram BUY/SELLWe display here the ADX has a colored histogram, which is
- green when ADX and DI+ are higher then DI-, while the ADX is increasing, meaning that we are in a potential uptrend--> we should rather be long (only buy if you have other concordant signals !)
- red when ADX and DI- are higher then DI+, while the ADX is increasing, meaning that we are in a potential downtrend --> we should rather be short (only sell if you have other concordant signals !)
- not visible if none of these conditions are met, meaning that the indicator do not show a potential trend --> don't use this indicator to buy or sell at this stage
Consolidation vs Trending
ADX is used to quantify trend strength. ADX calculations are based on a moving average of price range expansion over a given period of time. The default setting is 14 bars, although other time periods can be used. ADX can be used on any trading vehicle such as stocks, mutual funds, exchange-traded funds and futures.
ADX is plotted as a single line with values ranging from a low of zero to a high of 100. ADX is non-directional; it registers trend strength whether price is trending up or down. The indicator is usually plotted in the same window as the two directional movement indicator (DMI) lines, from which ADX is derived.
When the +DMI is above the -DMI, prices are moving up, and ADX measures the strength of the uptrend. When the -DMI is above the +DMI, prices are moving down, and ADX measures the strength of the downtrend.
ADX values help traders identify the strongest and most profitable trends to trade. The values are also important for distinguishing between trending and non-trending conditions. Many traders will use ADX readings above 25 to suggest that the trend is strong enough for trend-trading strategies. Conversely, when ADX is below 25, many will avoid trend-trading strategies.
ADX Value Trend Strength
0-25 Absent or Weak Trend
25-50 Strong Trend
50-75 Very Strong Trend
75-100 Extremely Strong Trend