Through the DMI Trade Zone you can find safe areas to trade in the Spot market. The logic behind the indicator is: - If the Positive Directional Movement (+DI) is greater than the Negative Directional Movement (-DI) then the Average Directional Movement Index (ADX) will be green with an opaque white background. - If the Positive Directional Movement (+DI) is less...
What is it? This indicator is a visual representation of the ADX indicator that shows where the areas of weak trends are. Anything shaded in a gray background implicates that the chosen market is experiencing a weak trend. These areas of weak trends are seen typically when ADX drops below 20-25 but this script is customizable to change where you want that...
Basically, when the background is: White = no defined direction Light blue = up. Dark blue = well defined up Light red = down Dark red = well defined down Blue/red centered circle = change of direction Red circle on top = possible short entry Blue circle at the bottom = possible long entry //Português Basicamente, quando o fundo é: Branco = sem direção...
This is a Forex Scalping Trading Sytem based on the Bollinger Bands. Its suited for major pairs, with lowest possible comission (below 1 pip) and with timeframes ranging between 1-15 min. Indicators: Bollinger bands ADX RSI Rules for entry: Long Entry: price to move below the upper Bollinger Bands RSI raise above the 30 line and ADX<32 at the same...
The Directional Movement Index is a handy indicator that helps catch the direction in which the price of an asset is moving. It compares the prior highs and lows to draw three lines: Positive directional line (+DI) Negative directional line (-DI) Average direction index (ADX) DMI is simple to interpret. When +DI > - DI, it means the price is trending up....
This is a simple intraday strategy for working on Stocks or commodities based out on Super Trend and ever reliable ADX . You can modify the start time and end time based on your timezones. Session value should be from market start to the time you want to square-off Important: The end time should be at least 2 minutes before the intraday square-off time set by...
This indicator makes use of the Kumo Cloud, 3EMA and ADX/DI+/DI- indicators. While these can be used separately (green bars show where to long and red bars show where to short), this indicator also shows how their use together can create a more precise estimate on when to enter and exit the market. It is interesting to note that while each of the three indicators...
The Natural Directional Combo was created by Jim Sloman as part of his Ocean theory series and I believe this is his final unique formula that I'm publishing to make them all open source. If you know of any others then please send me a message. He passed away at a young age and I want to make sure his legacy lives on. Big thanks to @altcoinz and @tmac87 for giving...
This is one of many new strategies coming soon which were seen on Trade Rush This one is the ADX / RSI Strategy seen here: https:www.youtube.com/watch?v=uSkGE0ujyn4 While the strategy has been modified slightly to use the DMI instead of the ADX, the core of the strategy is essentially the same Long signals are generated when the RSI is above 70, close is...
The Natural Directional Index was created by Jim Sloman and this is another indicator that I'm publishing from the collection of Ocean indicators. I want to make sure his legacy is covered by as many eyes as possible. This is his version of the directional index indicator but he uses his weighting method to use the square root of time and you can see that the...
// This strategy uses Bollinger Bands to buy when the price // crosses over the lower band and sell when it crosses down // the upper band. It only takes trades when the ADX is // below a certain level, and exits all trades when it's above it.
// This is a strategy that uses the 7 Period RSI to buy when the indicator is shown as oversold (OS) and sells when // the index marks overbought (OB). It also uses the ADX to determine whether the trend is ranging or trending // and filters out the trending trades. Seems to work better for automated trading when the logic is inversed (buying OB // and selling...
This 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...
This ADX indicator (Average Directional Index) tries to estimate the strength of a trend. The Average Directional Index is derived from the positive (+DI) and the negative directional indicator (-DI). The direction of movement is determined by comparing the highs and lows of the current and past periods. As soon as the indicator determines a trend strength for...
This script takes into picture Bollinger Bands, RSI with a comparator value, ADX with a comparator value, and MACD with Heikinashi Direction THIS IS A LONG-ONLY STRATEGY. SHORT TRADES ARE NOT INCLUDED Strategy: The Strategy takes a trade only after ALL the following conditions are met. Candle low is lower than the Bollinger Lower band RSI is higher...
It is an indicator that makes it easy to understand the change of ADX by adding a moving average to the famous indicator ADX. Since ADX and DI have a part where the calculation formula of DI + and DI- is fixed to one bar, there was a problem that it does not make much sense to increase the length. The biggest feature of this indicator is that it allows you to...
This strategy is based upon @rthomson's MA Crossover Strategy with MA Turning Point Exits. I just added an ability to filter out entries when ADX < 20. In fact you have a choice to set this ADX threshold value. In a sideways market, the MA crossovers end up in yielding entry trades with losses. ADX value around 20 to 25 indicates a sideway market. By...
This strategy uses @rthomson's "MA Crossover Strategy with MA Turning point Exits" and combines it with ADX. This strategy filters out any entries where ADX < 20. In fact you can set the value for ADX threshold. (Generally value under 20 for ADX is considered as non trend zone)