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StableF-AdxThe script is ADX-DMI modified verison -Adx is labeled as Weak trend Below 25 and strong Trend above 25 -Hline is drawn at 25 for better clarification of crossover above 25 -Wait for crossover in +dmi and -dmi and to cross above 25 for any trend clarifcation -crossover i.e upside cross of +dmi over -dmi is shown buy UP shape -crossunder i.e downside cross of +dmi over -dmi is Shown buy DN shape --disclaimer --This is just modified version of Bulit in ADX_DMI indicatior \ NOT advised for buy / Sell purpose
Indikator Pine Script™
oleh E-Nifty
VWMA with kNN Machine Learning: MFI/ADXThis is an experimental strategy that uses a Volume-weighted MA (VWMA) crossing together with Machine Learning kNN filter that uses ADX and MFI to predict, whether the signal is useful. k-nearest neighbours (kNN) is one of the simplest Machine Learning classification algorithms: it puts input parameters in a multidimensional space, and then when a new set of parameters are given, it makes a prediction based on plurality vote of its k neighbours. Money Flow Index (MFI) is an oscillator similar to RSI, but with volume taken into account. Average Directional Index (ADX) is an indicator of trend strength. By putting them together on two-dimensional space and checking, whether nearby values have indicated a strong uptrend or downtrend, we hope to filter out bad signals from the MA crossing strategy. This is an experiment, so any feedback would be appreciated. It was tested on BTC/USDT pair on 5 minute timeframe. I am planning to expand this strategy in the future to include more moving averages and filters.
Strategi Pine Script™
oleh lastguru
9
Kal’s ADX Overlap with MACD FilterIt’s a method/study to find trending stocks/cryptocurrencies which uses two different periods (14, 5) ADX Overlap with a MACD Filter. The MACD filter may or may not be used. More Details will follow as time permits. Please let me know if I am missing anything….. Legal Disclaimer: I am not bribed to write here and I am not seeking insider favors. I wrote here so I get replies from fellow viewers to educate myself and for my daily expenses. Hence, if anyone uses this post for making their decisions, I am not responsible for any failures incurred. Safe Trading! Kal Gandikota PS: If you found this script interesting and edifying please follow and upvote. PS2: Please kindly donate for my daily expenses (atleast as you would on streets) at the following addresses: 'BTC Wallet' - 1NeDC1GvpFa49DFLuT1v28ohFjqtoWXNQ5 ETH Wallet - 0x0450DCB7d4084c6cc6967584263cF6fBebA761D1 'BTS Wallet' - chip-maker QTUM Wallet - QhqqV3WQV236Tz5ZbPceXXvU8aK2N4i78A NEO Wallet - AUdiNJDW7boeUyYYNhX86p2T8eWwuELSGr PS3: To open a cryptocurrency trading account at the brokerage where I trade most for now, please kindly use the following website(with referral code attached): www.binance.com PS4: For more information on ADX and MACD, please 'Google' or search here on Tradingview
Indikator Pine Script™
oleh KalGandikota
2
[naoligo] Simple ADXI'm publishing this indicator just for study purposes, because the result is exactly the same as DMI without the smoothing factor. It is exactly the same as ADX Wilder from MT5. I was looking for the algorithm all over and it was a pain to find the right formula, meaning: one that would match with the built-in ones. After several study and comparison, I still didn't find the algorithm that match with the MT5's built-in simple ADX ... Enjoy!
Indikator Pine Script™
oleh naoligo
3
DMI + ADX + OBVThis trend following indicator is made up of 3 parts. A normalized (OBV) On Balance Volume (the gray line) which ranges between -100 and 100 and has a 55 period SMA overlayed (the orange line) to give an indication of the overall trend as far as volume goes. - If the volume decreases without a drop in price, it might indicate a move down. - If volume increases without a rise rise in the price, it might indicate a move up. The (DMI) Directional Movement Indicator which shows the strength of the bulls versus the bears. - The red line measures how strongly price moves downwards. - The green line measures how strongly price moves upwards. One way to trade this is on crossovers e.g.when the green line crosses the red; although it's best to combine this with another indicator or pattern for confirmation. Another useful feature of the DMI is the ability to see strength of buyers and sellers pressure at the same time, acting as a confirmation before entering a trade. The third way to use the DMI is when price makes a new high but the green line does not. (Or the price makes a new low and the red line doesn't) This is known as divergence and should act as a warning to tighten your stops or take profits because it signals a possible change of direction. The last part of the indicator is the (ADX) Average Directional Index This is the blue line and shows the strength of the trend regardless of direction. This can act as a confirmation for the DMI or other indicators in your trading system. When the blue line is: - above the green shaded area there is an extreme trend. - in the green shaded area there is a very strong trend. - in the yellow shaded area there is a strong trend. - below the yellow shaded area there is no trend.
Indikator Pine Script™
oleh kaaiii
3
Stochastic RSI 3in1 & Volatility peaks + ADX by AGUDescription: 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, stronger the signal. When the mountain tops, trend usually change. And finally the volatility peaks. Green peak HIGHEST volatility , RED peak LOWEST volatility . I use it on 1 min BTC chart. But it works on all. TIPS >> 3HCQ41cRpxcq2MJdRUSYoq9N1RnEy98xD2
Indikator Pine Script™
oleh MrAGU
25
ADX / Connectable [Azullian] Streamline your strategy with the ADX indicator. Precisely analyze market strength and direction, integrating these insights for more adaptable trading decisions. This connectable ADX indicator is part of an indicator system designed to help test, visualize and build strategy configurations without coding. Like all connectable indicators , it interacts through the TradingView input source, which serves as a signal connector to link indicators to each other. All connectable indicators send signal weight to the next node in the system until it reaches either a connectable signal monitor, signal filter and/or strategy. █   UNIFORM SETTINGS AND A WAY OF WORK Although connectable indicators may have specific weight scoring conditions, they all aim to follow a standardized general approach to weight scoring settings, as outlined below.  ■ Connectable indicators - Settings  • 🗲 Energy: Energy applies an ATR multiplier to the plotted shapes on the chart. A higher value plots shapes farther away from the candle, enhancing visibility.  • ☼ Brightness: Brightness determines the opacity of the shape plotted on the chart, aiding visibility. Indicator weight also influences opacity.  • → Input: Use the input setting to specify a data source for the indicator. Here you can connect the indicator to other indicators.  • ⌥ Flow: Determine where you want to receive signals from:     ○ Both: Weights from this indicator and the connected indicator will apply     ○ Indicator only: Only weights from this indicator will apply     ○ Input only: Only weights from the connected indicator will apply  • ⥅ Weight multiplier: Multiply all weights in the entire indicator by a given factor, useful for quickly testing different indicators in a granular setup.  • ⥇ Threshold: Set a threshold to indicate the minimum amount of weight it should receive to pass it through to the next indicator.  • ⥱ Limiter: Set a hard limit to the maximum amount of weight that can be fed through the indicator. ■ Connectable indicators - Weight scoring settings ▢ Weight scoring conditions • SM – Signal mode: Enable specific conditions for weight scoring    ○ All: All signals will be scored.    ○ Entries only: Only entries will score    ○ Exits only: Only exits will score.    ○ Entries & exits: Both entries and exits will score.    ○ Zone: Continuous scoring for each candle within the zone. • SP – Signal period: Defines a range of candles within which a signal can score. • SC - Signal count: Specifies the number of bars to retrospectively examine and score.    ○ Single: Score for a single occurrence    ○ All occurrences: Score for all occurrences    ○ Single + Threshold: Score for single occurrences within the signal period (SP)    ○ Every + Threshold: Score for all occurrences within the signal period (SP) ▢ Weight scoring direction • ES: Enter Short weight • XL: Exit long weight • EL: Enter Long weight • XS: Exit Short weight ▢ Weight scoring values • Weights can hold either positive or negative scores. Positive weights enhance a particular trading direction, while negative weights diminish it. █ ADX - INDICATOR SETTINGS  ■ Main settings  • Enable/Disable Indicator: Toggle the entire indicator on or off.  • S - Source: Choose an alternative data source for the ADX calculation.  • T - Timeframe: Select an alternative timeframe for the ADX calculation.  • SM - Smoothing: Smooth the length averages.  • LE - DI Length: Determine the DI: Directional indicator length.  • TH - Trend threshold: Specify the level the ADX has to cross  • EM - Entry signal mode: Determine entry mode    ○ DI: Use only DI+ and DI- crossings    ○ DI + ADX: Use DI with increasing ADX    ○ DI + ADX + Invert: Use DI with increasing ADX and DI with decreasing ADX  • XM - Exit signal mode: Determine exit mode    ○ DI: Use DI crossing to exit    ○ ADX: Use decreasing ADX to signal exit  ■ Scoring functionality   • The ADX scores long entries when the ADX crosses the TH: Trend threshold and +DM is greater than -DM   • The ADX scores long exits when the ADX falls back below the TH: Trend threshold and +DM is greater than -DM   • The ADX scores long zones the entire time the ADX is above the TH: Trend threshold and +DM is greater than -DM   • The ADX scores short entries when the ADX crosses the TH: Trend threshold and +DM is smaller than -DM   • The ADX scores short exits when the ADX falls back below the TH: Trend threshold and +DM is smaller than -DM   • The ADX scores short zones the entire time the ADX is above the TH: Trend threshold and +DM is smaller than -DM █  PLOTTING  • Standard: Symbols (EL, XS, ES, XL) appear relative to candles based on set conditions. Their opacity and position vary with weight.  • Conditional Settings: A larger icon appears if global conditions are met. For instance, with a Threshold(⥇) of 12, Signal Period (SP) of 3, and Scoring Condition (SC) set to "EVERY", an ADX signaling over two times in 3 candles (scoring 6 each) triggers a larger icon. █ USAGE OF CONNECTABLE INDICATORS  ■ Connectable chaining mechanism Connectable indicators can be connected directly to the signal monitor, signal filter or strategy , or they can be daisy chained to each other while the last indicator in the chain connects to the signal monitor, signal filter or strategy. When using a signal filter you can chain the filter to the strategy input to make your chain complete.  • Direct chaining: Connect an indicator directly to the signal monitor, signal filter or strategy through the provided inputs (→).  • Daisy chaining: Connect indicators using the indicator input (→). The first in a daisy chain should have a flow (⌥) set to 'Indicator only'. Subsequent indicators use 'Both' to pass the previous weight. The final indicator connects to the signal monitor, signal filter and/or strategy.  ■ Set up this indicator with a signal filter and strategy The indicator provides visual cues based on signal conditions. However, its weight system is best utilized when paired with a connectable signal filter, signal monitor, and/or strategy . Let's connect the ADX to a connectable signal filter and a strategy : 1. Load all relevant indicators  • Load ADX / Connectable  • Load Signal filter / Connectable  • Load Strategy / Connectable 2. Signal Filter: Connect the ADX to the Signal Filter  • Open the signal filter settings  • Choose one of the three input dropdowns (1→, 2→, 3→) and choose : ADX / Connectable: Signal Connector  • Toggle the enable box before the connected input to enable the incoming signal 3. Signal Filter: Update the filter signals settings if needed  • The default settings of the filter enable EL (Enter Long), XL (Exit Long), ES (Enter Short) and XS (Exit Short). 4. Signal Filter: Update the weight threshold settings if needed  • All connectable indicators load by default with a score of 6 for each direction (EL, XL, ES, XS)  • By default, weight threshold (TH) is set at 5. This allows each occurrence to score, as the default score in each connectable indicator is 1 point above the threshold. Adjust to your liking. 5. Strategy: Connect the strategy to the signal filter in the strategy settings  • Select a strategy input → and select the Signal filter: Signal connector 6. Strategy: Enable filter compatible directions  • Set the signal mode of the strategy to a compatible direction with the signal filter. Now that everything is connected, you'll notice green spikes in the signal filter representing long signals, and red spikes indicating short signals. Trades will also appear on the chart, complemented by a performance overview. Your journey is just beginning: delve into different scoring mechanisms, merge diverse connectable indicators, and craft unique chains. Instantly test your results and discover the potential of your configurations. Dive deep and enjoy the process! █ BENEFITS • Adaptable Modular Design: Arrange indicators in diverse structures via direct or daisy chaining, allowing tailored configurations to align with your analysis approach. • Streamlined Backtesting: Simplify the iterative process of testing and adjusting combinations, facilitating a smoother exploration of potential setups. • Intuitive Interface: Navigate TradingView with added ease. Integrate desired indicators, adjust settings, and establish alerts without delving into complex code. • Signal Weight Precision: Leverage granular weight allocation among signals, offering a deeper layer of customization in strategy formulation. • Signal Filtering: Define entry and exit conditions with more clarity, granting an added layer of strategy precision. • Clear Visual Feedback: Distinct visual signals and cues enhance the readability of charts, promoting informed decision-making. • Standardized Defaults: Indicators are equipped with universally recognized preset settings, ensuring consistency in initial setups across different types like momentum or volatility. • Reliability: Our indicators are meticulously developed to prevent repainting. We strictly adhere to TradingView's coding conventions, ensuring our code is both performant and clean. █ COMPATIBLE INDICATORS Each indicator that incorporates our open-source 'azLibConnector' library and adheres to our conventions can be effortlessly integrated and used as detailed above. For clarity and recognition within the TradingView platform, we append the suffix ' / Connectable' to every compatible indicator. █ COMMON MISTAKES, CLARIFICATIONS AND TIPS  • Removing an indicator from a chain: Deleting a linked indicator and confirming the "remove study tree" alert will also remove all underlying indicators in the object tree. Before removing one, disconnect the adjacent indicators and move it to the object stack's bottom.  • Point systems: The azLibConnector provides 500 points for each direction (EL: Enter long, XL: Exit long, ES: Enter short, XS: Exit short) Remember this cap when devising a point structure.  • Flow misconfiguration: In daisy chains the first indicator should always have a flow (⌥) setting of 'indicator only' while other indicator should have a flow (⌥) setting of 'both'.  • Hide attributes: As connectable indicators send through quite some information you'll notice all the arguments are taking up some screenwidth and cause some visual clutter. You can disable arguments in Chart Settings / Status line.  • Layout and abbreviations: To maintain a consistent structure, we use abbreviations for each input. While this may initially seem complex, you'll quickly become familiar with them. Each abbreviation is also explained in the inline tooltips.  • Inputs: Connecting a connectable indicator directly to the strategy delivers the raw signal without a weight threshold, meaning every signal will trigger a trade. █ A NOTE OF GRATITUDE Through years of exploring TradingView and Pine Script, we've drawn immense inspiration from the community's knowledge and innovation. Thank you for being a constant source of motivation and insight. █ RISK DISCLAIMER Azullian's content, tools, scripts, articles, and educational offerings are presented purely for educational and informational uses. Please be aware that past performance should not be considered a predictor of future results.
Indikator Pine Script™
oleh azullian
ADX and DI-BolarinwaThe Average Directional Movement Index (ADX) is a technical indicator that measures the strength of a trend. While the indicator itself doesn’t give an insight into the direction of the trend, the Directional Movement lines can be used to determine if the market moves up or down. The ADX can return a value between 0 and 100. The usual threshold for a market to be considered as trending by the ADX is a value of 25 or above. Values between 25 and 50 signal a trending market, between 50 and 75 very strong trends and between 75 and 100 extremely strong trends. The ADX Crossover Trading Strategy A popular trading strategy to trade on the ADX is based on a crossover of the directional movement lines (+DI and -DI) which was developed directly by the indicator’s creator Mr. Wilder. The trading strategy states that the first condition for a trade setup is that the ADX has a value of 25 or above, which indicates a trending market. A buy order is triggered when +DI crosses above -DI, i.e. the underlying trend is an uptrend, while a sell signal is triggered when -DI crosses above +DI, i.e. the underlying trend is a downtrend. Stop-losses are placed at the low of the current trading day, and the trade setup remains valid even if the directional movement lines cross again after the trade signal. Only a break of the current trading day’s low would lead to the trade setup becoming invalid. If the ADX remains above 25 or rises even higher, indicating that the strength of the underlying trend increases, then traders can put a trailing stop on the trade. The following chart shows an example of the ADX crossover strategy on the daily EUR/USD pair. ADX Crossover Strategy The first cross of -DI above +DI didn’t send a sell signal because the ADX was below 25. The sell signal came with ADX crossing above 25, while the -DI was still above +DI. On the chart, the SL was put just above the day’s high. The second signal was a buy signal, with the cross of +DI above -DI and the ADX above 25, signaling a strong trend. The stop-loss is placed just below the day’s low, indicated by the dotted line on the chart. Finally, the third sell signal came with the cross of -DI above -DI and the ADX above 25. Again, the stop-loss is placed just above the day’s high. While the ADX crossover strategy can also be applied to lower timeframes, you need to be aware that the increased market noise may create more false signals than on the higher timeframes. The following chart is a 5-minute chart with buy and sell signals based on the crossover strategy. Notice that we placed the stop-losses slightly different than in the previous example. In this case, stop-losses have been placed at the recent highs and lows of the price. ADX Trading Graph The first buy signal came with +DI crossing above -DI and ADX above 25. In the middle of the chart, you can notice the crosses of the directional movement lines (+DI and -DI) while the ADX was below 25. As ADX needs to be above 25, those crosses are not used as entry triggers based on the ADX crossover strategy. After that we received a sell signal with -DI crossing above +DI and ADX above 25, which is followed by a buy signal when +DI crossed above -DI. Using ADX for Trade Confirmations Beside the ADX crossover strategy which is based on the crosses of +DI and -DI, traders can also use the ADX indicator to supplement other trading strategies. For example, you might want to use a trend-following strategy when ADX shows a strong trend (value above 25), or a trading strategy that is more suited for ranging markets in times when the ADX shows an absence of trends (value below 25). Before You Trade The Average Directional Movement Index is a versatile technical indicator that can be used as a stand-alone trading strategy, or in combination with other trading strategies. The ADX crossover strategy is based on the crossover of the directional movement lines (+DI and -DI) and an ADX reading of above 25. While it can be used across all timeframes, it usually returns the best results on higher ones. As the ADX measures the strength of the underlying trend, trend-following traders can use it to filter flat and ranging markets and avoid trading during those times.
Indikator Pine Script™
oleh omowarebola
Directional Movement IndexADX 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 during a strong downtrend, the ADX also rises. Here is how you correctly read what ADX is saying about the market. Here are 5 aspects regarding the interpretation of the ADX: 1- When ADX is above 25, trend strength is strong. Usually, once the ADX gets above 25 this signals the beginning of a trend. Big moves (upwards or downwards) tend to happen when ADX is right around this number. You can experiment with this number, some traders that want faster signals, tend to use a 20 threshold when trading with the ADX. 2- When ADX is below 25, traders must avoid trend trading strategies as the market is in accumulation or distribution phase. So, when we see the ADX line below 20 or 25 level, we forget about trend following strategies and we apply strategies suitable for a ranging market. 3- When ADX is above 25 and Positive Directional Movement Indicator (+DMI) is above the Negative Directional Movement Indicator (-DMI). ADX measures the strength of an uptrend. The crossover between the 2 Directional Movement Indicator, as the ADX line is well above 25 can result in an excellent bullish move. 4- The Positive Directional Movement Indicator (+DMI) should be above the Negative Directional Movement and the ADX should be above 25 signals for a strong upward trend for long opportunities. When ADX is above 25 and Positive Directional Movement Indicator is below the Negative Directional Movement Indicator, ADX measures the strength of a downtrend and short opportunities. 5- Values over 50 of the ADX indicate a very strong trend There are pros and cons of ADX. So, why is the ADX useful for traders: First, is excellent at quantifying trend strength. Also, it allows traders to see the strength of bulls and bears at the same time. It is good at filtering out trades, during accumulation periods and is good at identifying trending conditions. But the ADX also has its limitations. The most important disadvantage is the fact that ADX is a lagging indicator that follows the price, so we must be very careful when we apply this indicator, because we might miss the inception of the trend and join it when it’s nearly over. Also, it offers many false signals when used on shorter time frames, so it’s advisable to trade it on higher time frames Also, the ADX does not contain all of the data necessary a for proper analysis of price action, so it must be used in combination with other tools or indicators. Now that we fully covered the good and the bad regarding ADX, let’s see how it is used in a trading strategy. The trading strategy involves a DMI crossover, confirmed by ADX above consolidation threshold. If +DMI crossover, we take long position and if -DMI crosses over, we take a short position. Candles are re-colored for easy demonstration of uptrend, downtrend and consolidation periods. Green candles – ADX > Consolidation Threshold and +DMI > -DMI Red candles – ADX > Consolidation Threshold and +DMI < -DMI Black candles – ADX < Consolidation Threshold Repaint – This is a non-repainting strategy - All the signals are generated at candle closing. All the calculations are made on previous candle’s open, high, low, close. No request security function is used. No data is being used from higher time frame. Trade exit uses close function instead of exit to avoid limit orders. Only one long trade at a time (no pyramiding) is allowed. Strategy Time frame – D (To filter out false signals, higher time frame is recommended) Strategy For – Swing Traders Assets – Cryptocurrencies + Stocks
Strategi Pine Script™
oleh wojak_bogdanoff
9
ADX Trend Strength Analyzer█  OVERVIEW This script implements the Average Directional Index (ADX), a powerful tool used to measure the strength of market trends. It works alongside the Directional Movement Index (DMI), which breaks down the directional market pressure into bullish (+DI) and bearish (-DI) components. The purpose of the ADX is to indicate when the market is in a strong trend, without specifying the direction. This indicator can be especially useful for identifying market trends early and validating trading strategies based on trend-following systems. The ADX component in this script is based on two key parameters: ADX Smoothing Length (adxlen), which determines the degree of smoothing for the trend strength. DI Length (dilen), which defines the look-back period for calculating the directional index values. Additionally, a horizontal line is plotted at the 30 level, providing a widely used threshold that signifies when a trend is considered strong (above 30). █  CONCEPTS Directional Movement (DM): The core idea behind this indicator is the calculation of price movement in terms of bullish and bearish forces. By evaluating the change in highs and lows, the script distinguishes between bullish movement (+DM) and bearish movement (-DM). These values are normalized by dividing them by the True Range (TR), creating the +DI and -DI values. True Range (TR): The True Range is calculated using the Average True Range (ATR) formula, and it serves to smooth out volatility, ensuring that short-term fluctuations don't distort the long-term trend signal. ADX Calculation: The ADX is derived from the absolute difference between the +DI and -DI. By smoothing this difference and normalizing it, the ADX is able to measure the overall strength of the trend without regard to whether the market is moving up or down. A rising ADX indicates increasing trend strength, while a falling ADX signals weakening trends. █  METHODOLOGY Directional Movement Calculation: The script first determines the upward and downward price movement by comparing changes in the high and low prices. If the upward movement is greater than the downward movement, it registers a bullish signal and vice versa for bearish movement. True Range Adjustment: The script then applies a smoothing function to normalize these movements by dividing them by the True Range (ATR). This ensures that the trend signal is based on relative, rather than absolute, price movements. ADX Signal Generation: The final step is to calculate the ADX by applying the Relative Moving Average (RMA) to the difference between +DI and -DI. This produces the ADX value, which is plotted in red, making it easy to visualize shifts in market momentum. Threshold Line: A blue horizontal line is plotted at 30, which serves as a key reference point. When the ADX is above this line, it indicates a strong trend, whether bullish or bearish. █  HOW TO USE Trend Strength: Traders typically use the 30 level as a critical threshold. When the ADX is above 30, it signifies a strong trend, making it a favorable environment for trend-following strategies. Conversely, ADX values below 30 suggest a weak or non-trending market. +DI and -DI Relationship: The indicator also provides insight into whether the trend is bullish or bearish. When +DI is greater than -DI, the market is considered bullish. When -DI is greater than +DI, the market is considered bearish. While this script focuses on the ADX value itself, the underlying +DI and -DI help interpret the trend direction. Market Conditions: This indicator is effective in trending markets, but not ideal for choppy or sideways conditions. Traders can use it to determine the best entry and exit points when trends are strong, or to avoid trading in periods of low volatility. Combining with Other Indicators: The ADX is commonly used in conjunction with oscillators like RSI or moving averages, to confirm the trend strength and avoid false signals. █  METHOD VARIANTS This script applies the standard approach for calculating the ADX, but could be adapted with the following variants: Different Timeframes: The script could be modified to calculate ADX values across higher or lower timeframes, depending on the trader's strategy. Custom Thresholds: Instead of using the default 30 threshold, traders could adjust the horizontal line to suit their own risk tolerance or market conditions.
Indikator Pine Script™
oleh giovannibeltra