**********************************************
( M | a | r | k | R | o | b | o | T | S )
**********************************************
The indicator is created starting from the maximum and minimum values at 15 periods of the ADX ; the intermediate levels are created with the FIBO parameters.
level 0 = low_Period
level 1 = low_Period + (High_Period - low_Period) * 0.786
level 2 = low_Period + (High_Period - low_Period) * 0.618
level 3 = low_Period + (High_Period - low_Period) * 0.50
level 4 = low_Period + (High_Period - low_Period) * 0.382
level 5 = low_Period + (High_Period - low_Period) * 0.236
level 6 = High_Period
When ADX exceeds level 1 trend ( bullish or bearish ) gets strong
When ADX goes from level 6 to lower levels it means that the trend is weakening (better to close the position)
L'indicatore è creato partendo dai valori massimi e minimi a 15 periodi dell'ADX; i livelli intermedi sono creati con i parametri FIBO.
level 0 = low_Period
level 1 = low_Period + (High_Period - low_Period) * 0.786
level 2 = low_Period + (High_Period - low_Period) * 0.618
level 3 = low_Period + (High_Period - low_Period) * 0.50
level 4 = low_Period + (High_Period - low_Period) * 0.382
level 5 = low_Period + (High_Period - low_Period) * 0.236
level 6 = High_Period
Quando ADX supera il livello 1 il trend (rialzista o ribassista) prende forza
Quando ADX passa da livello 6 a livelli più bassi vuol dire che il trend si sta indebolendo (meglio chiudere la posizione)
( M | a | r | k | R | o | b | o | T | S )
**********************************************
The indicator is created starting from the maximum and minimum values at 15 periods of the ADX ; the intermediate levels are created with the FIBO parameters.
level 0 = low_Period
level 1 = low_Period + (High_Period - low_Period) * 0.786
level 2 = low_Period + (High_Period - low_Period) * 0.618
level 3 = low_Period + (High_Period - low_Period) * 0.50
level 4 = low_Period + (High_Period - low_Period) * 0.382
level 5 = low_Period + (High_Period - low_Period) * 0.236
level 6 = High_Period
When ADX exceeds level 1 trend ( bullish or bearish ) gets strong
When ADX goes from level 6 to lower levels it means that the trend is weakening (better to close the position)
L'indicatore è creato partendo dai valori massimi e minimi a 15 periodi dell'ADX; i livelli intermedi sono creati con i parametri FIBO.
level 0 = low_Period
level 1 = low_Period + (High_Period - low_Period) * 0.786
level 2 = low_Period + (High_Period - low_Period) * 0.618
level 3 = low_Period + (High_Period - low_Period) * 0.50
level 4 = low_Period + (High_Period - low_Period) * 0.382
level 5 = low_Period + (High_Period - low_Period) * 0.236
level 6 = High_Period
Quando ADX supera il livello 1 il trend (rialzista o ribassista) prende forza
Quando ADX passa da livello 6 a livelli più bassi vuol dire che il trend si sta indebolendo (meglio chiudere la posizione)