Average Directional Index-BuschiA simple modification of the built-in "Average Directional Index":
To identify wether there is an uptrend or a downtrend, the function color is conditional:
no trend: black
small uptrend (weak threshold): light green
big uptrend (strong threshold): green
small downtrend (weak threshold): light red
big downtrend (strong threshold): red
Indeks Arah Rata-Rata / Average Directional Index (ADX)
Ichi Trend Follow System v2This is an improvement upon a very popular trend following system that is currently selling for about $1k per year. I pull data from longer time frames to confirm trend, as well as use the ADX to minimize trading in sideways chop. I’ve backtested both the older $1k system and this newer one and can confirm improvements in every market and timeframe that I’ve tested.
Here’s the gist of how to use it. Wait for a set up bar. The set up bar will be aqua to go long and yellow to go short. Open your trade on the open of the following bar. Close your trade when the trending bar color (lime for long/fuchsia for short) changes back to standard colors on completion of the bar (green or red).
Please ask, and I’ll let you try it for free.
DMI ADX TREND 2.0 (edit by GeertVD)Edit of the popular script by @TraderR0BERT
New features:
- horizontal colored areas, indication weak/medium/strong trend
- vertical bars, signaling trend/momentum changes
- DI+ vs DI- contraction/expansion histogram (to measure the DI volatility)
ADXRainbowColorEMAThis is an EMA that color changes based on ADX.
When ADX is low, EMA color is in lime or aqua, if the value of ADX moves higher, It changes from aqua to yellow and then red.
You can change the settings like EMA period and the color, etc in the dialog window.
Usually, as the trend becomes stronger, the ADX values rises, so there is a possibility on a trend when it is yellow or red.
Especially, when changing from aqua to yellow and red, it is a necessity check because it is a possibility of change from range to trend.
これはADXに応じて色が変化するEMAです。
ADXが低いときは、EMAの色はライム(明るい緑)やアクア(水色)ですが、ADXの値が高くなると、アクアから黄色、そして赤に変化します。
EMAの期間や色などはダイアログウインドウで変更できます。
通常、トレンドが強いとき、ADXの値は上昇します。その為、ラインの色が黄色や赤の時は、トレンド状態の可能性があります。
特に、色が水色から黄色、そして赤に変化するときは、レンジ状態からトレンドへと移行した可能性があるので、要チェックです。
Momentum Strategy with ADXmomentum strategy that utilizes ADX for timing and includes stop loss % and take profit %.
Ichimoku + Adx Strategy FinalA strategy based on ichimoku and dmi optimized for crypto trading
long
tenkan/kijun
chikou > close
dmi+/dmi-
dmi > thold
adx > thold
short
opposite of first 3
dmi- > thold
you should enable short trading from the settings if you wish to see it
Cheers!
Triple Smoothed ADX==日本語説明も併記 // Japanese discription is following ==
■ Momentum index (Smoothed ADX triple display)
■ Effective assets: All
■Example of utilization
1) Trend generation is assumed at the timing when at least two lines including the blue thick line (14) are raised
2) Confirm the candlestick and if the price jumps out of the Bollinger band ± 1 σ, the trend toward that direction and recognition
3) If the closing price is confirmed within ± 1σ of the Bollinger band, close the position
■ Detailed explanation
Three Smoothed ADX with different parameters are displayed at the same time. As known as ADX included in DMI, it shows the strength of the trend.
It develops color in an upward phase to make it easy to recognize strengthening and weakening trends, and fades in a downward phase.
In addition, in accordance with the method of Wilder of the inventor in the calculation of ADX, a modified moving average (Smoothed Moving Average) is used instead of SMA.
Daily use is basic, but you can use it with the same parameters for other time feet.
The basic parameter (14) is set to a thick blue line for the most visibility.
Long-term parameters (52 * 26 is also acceptable) are indicated by blue circles as an auxiliary element for judging the rising margin of the basic line.
The short-term parameter (7) is displayed as a line as an auxiliary element for recognizing the peak out of the basic line in advance.
In some cases, changing the short term (7) to the very long term (100) allows you to recognize the major market price level once in several years.
Three periods The phrase "all lines" goes from "low position" to "rising together" is considered the strongest trend.
On the other hand, in the case where the short-term line rises backwards as the longer-term line goes down, it tends to end up with short-lived trends and failure to form trends.
Please note that there is no way to judge whether the trend suggested by this index rises or falls from this index, so it is necessary to confirm the main chart. (It is preferable to display parabolic SAR or Bollinger band)
■ Remarks
It is an index created assuming that it is used as Triple STD-ADX in combination with Triple Smoothed ADX(to be posted later).
■ About Triple STD-ADX
Triple Standard Deviation "and" Triple Smoothed ADX "are superimposed and displayed as" Screen (without scale) "to function as" Triple STD - ADX ".
The method of utilization is the same as Triple Standard Deviation and Triple Smoothed ADX, but by simultaneously displaying two momentum indicators with different calculation approaches with multiple parameters, we aim to mutually complement the cognitive power of trends.
STD (13, 26, 52, 100, 200) and ADX (7, 14, 26, 52, 100) correspond to reaction rates respectively.
By choosing different reaction rates you can expect to further increase reliability.
You can estimate the reliability of the trend most reliably in a situation where all six signals in total rise from low to high.
■Sample: STD-ADX Trade Signal
========================================================
モメンタム指標(Smoothed ADXの3連表示)
■ 有効アセット:すべて
■ 活用の一例
1)青の太線(14)を含む少なくとも2本のラインが上昇したタイミングでトレンド発生を想定
2)ローソク足を確認し、ボリンジャーバンド±1σの外に価格が飛び出している場合はその方向へのトレンドと認識
3)ボリンジャーバンド±1σ以内で終値が確定した場合にはポジションクローズ
■ 詳細説明
パラメーターの異なる3つのSmoothed ADXを同時に表示します。DMIに内包されるADXとして知られるように、トレンドの強度を示します。
トレンドの強化と弱化を認識しやすいように上昇局面で発色し、下降局面で退色します。
なお、ADXの計算において考案者ワイルダーの手法に倣い、SMAではなく修正移動平均(Smoothed Moving Average/ワイルダー移動平均)を使用しています。
活用は日足が基本ですが、他の時間足に対しても同一パラメーターで使用することができます。
基本パラメーター(14)は最も視認しやすいように青の太線にしています。
長期パラメーター(52※26も可)は基本線の上昇余力を判断するための補助要素として青色の丸点で表示しています。
短期パラメーター(7)は基本線のピークアウトを先行して認識するための補助要素としてラインで表示にしています。
場合によって、短期(7)を超長期(100)に変更することで数年に一度のレベルの大相場が認識できます。
3期間「全てのライン」が「低い位置」から「揃って上昇」する局面を最も強いトレンドと考えます。
一方、より長期のラインが低下する中、より短期のラインが逆行して上昇するケースでは、短命のトレンドやトレンド形成失敗に終わることが多くなります。
なお、本指標が示唆するトレンドが上昇か下降かは本指標からは判断する術はないため、必ずメインチャートを確認する必要があります。(パラボリックやボリンジャーバンドを表示すると好適)
■備考
先に掲載したTriple Standard Deviationと併用して、Triple STD-ADXとして使用することを想定して作成した指標です。
■Triple STD-ADXについて
「 Triple Standard Deviation 」と「Triple Smoothed ADX」を一方を「スクリーン(スケールなし)」として重ねて表示させることで「Triple STD-ADX」として機能します。
活用方法はTriple Standard DeviationやTriple Smoothed ADXと同じですが、算出アプローチの異なる2つのモメンタム指標を複数パラメーターで同時に表示させることで、トレンドの認識力を相互に補完する狙いがあります。
反応速度はそれぞれSTD(13,26,52,100,200)とADX(7,14,26,52,100)がほぼ対応します。
異なる反応速度を選択することで信頼度をさらに高めることを期待できます。
合計6本のシグナル全てが低い位置から揃って上昇する局面でトレンドの信頼性を最も高く見積もることができます。
5 in 1 (rsi,aroon,stoch,macd,adx di)5 indicators in 1.
You can choose wich one you want to see (rsi ,aroon,macd,stoch or adx di)
Usefull to save space for other indicators
Peso Pros Daily DineroSignature indicator for use with the Peso Pros Daily Dinero strategy for the USDMXN. How to use the indicator is explained in detail in the members section of your online course.
ADX-DI MTF trend buffer - JDThe indicator gives a multiplication of ADX and the DI+ and DI-values, color coded for bullish or bearish momentum
the indicator was optimised for use with HA-candles, but works with regular candles as well
and shows general market direction en divergence in a simpler visual way than the normal ADX-DI lines
a threshold mask can be shown or omitted as preferred
version 3. the indicator is now plotted relative to the 200 ema and can be seen as a "buffer" against price reversal
The timeframe of the indicator can be the current one or custom selected but gives better visual information if a longer timeframe than the current one is used.
The colors can be changed to fit with "Dark mode" or "Light mode"
a scaling option is available to downscale the trend indication relative to the price bars
JD
ADX histogram with SMAThis indicator shows a histogram of the ADX with the following colors:
Background gray => ADX under configured lower level which means no trend is present
Background dark orange => ADX between lower and upper level and down trend is present
Background orange => ADX between over upper level and down trend is overheated
Background dark green => ADX between lower and upper level and up trend is present
Background lime => ADX between over upper level and up trend is overheated
Additionally i have added a SMA of the ADX. The crossings of both are shown with a background color:
yellow => ADX crossed SMA line upward which is the case with rising trend
fuchsia => ADX crossed SMA line downward which is the case with falling trend
The indicator is optimated for small browser windows or multiple chart layouts where you have not much space left for your indicators but you also want to read the indicator signals.
For access please leave a comment.
Please provide feedback.
Linda Raschke's Holy GrailAnother script based on Linda Raschke's strategy with the same name from her book about swing trading.
[Single] Heartbeat_Live (pine v3 version)Per request of many.
Single -=Heartbeat=- (pine version 3) with bar merge and look ahead enabled.
Have fun!
ADX-DI MTF trend indication - JD version 2Version 2 added support for MTF, to see the trend direction on the lower or higher timeframe.
As an example to see the difference, the indicator is added three times, one time for the current TF, one set at the higher and one at the lower TF.
Cudo's to Chris Moody for the MTF-switching-code!!
JD.
ADX-DI trend indication - JDThis indicator is based on the formulas in the original "ADX and DI" script of Masa Nakamuro
The indicator gives a multiplication of ADX and the DI+ and DI-values, color coded for bullish or bearish momentum.
The indicator was optimised for use with HA-candles, but works with regular candles as well and shows general market direction en divergence in a simpler visual way than the normal ADX-DI lines.
A threshold mask and the actual DI-lines kan be shown or omitted as preferred
JD.