Here's a modern take on the famous DMI/ADX. i first wrote this on another platform few years ago, so i'm happy to be able to share it on TradingView quick refresher: what does DMI/ADX tell us: ------------------------------------------------------ in simple terms, at the core of this indicator, there are 3 main calculations / lines: the Plus Directional Index (...
This indicator is a version of the ADX and DMI indicators optimized for maximum information conveyance related to trending price action in a compact space. Use the ADX barchart to determine strength of trend. There are various configurable thresholds for this measurement as well as peak marking within the exhaustion zone. The higher the values in the bar chart,...
Paints the color of the candles in accordance with the DMI Histogram. Two colors are supported - one for DMI Histogram above zero and one for DMI Histogram below zero. Inputs for ADX Smoothing and DI Length are also supported.
This is a trend-following indicator which condenses two SuperTrend indicators -- one based on analysis over a shorter period of time (1.5, 7), and one based on analysis over a longer period of time (1.65, 100) -- into a single indicator which appears on your chart only when both the shorter- and longer-term analysis indicates a "SuperTrend" in the same...
Personal DMI and ADX script ADX color change from positive vs negative momentum DMI Color fill based on DMI+/- positive momentum No fill color during lack of momentum
Alright - so this is my own version of John Carter's "10x Bars"... I have done multiple things that are different from his version so they are slightly different.. So first of all the main indicator is based off of the ADX and the DMI; For those who aren't familiar with it, Directional Movement is what you'd pull up under "built-in's" from the indicators tab...
This 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.
A positive reading indicates an uptrend, a negative reading indicates a downtrend. For an uptrend, increasing values indicate that the trend is sustaining or strengthening while decreasing values indicate that the trend is stagnating or weakening. Vice versa for a downtrend. When the indicator reads 0, the price is not trending. This indicator is based on the...
Helps for better entries with my strategy (link bellow) on binary trades and some swing trades 1H-4H (10-100 pips).
This StochRsi goes with my Binary Strategy
Binary Strategy with signals, it uses more than 10 indicators in JUST 1. It has 3 different signals, the more signals you have, a better trade it is. You can also set alerts with it. Inbox for price -In the markets nothing is a 100% accurate.
2 Sotch RSI and a DMI Stoch that helps binary trade. Blue = 1 sothc rsi and red = stoch rsi
This is a Binary strategy that I put together after watch different educators. It uses 4 indicators over the candles.
This script provides a trigger for Gunbot (or any other bot) combining different indicators on 2 timeframes as follows : 1) on the timeframe of the chart : ichimoku and SMA-spread 2) on the higher timeframe : DI+ and DI- ==> you can select your preferred higher timeframe, preferrably higher than the timeframe of the current chart All parameters are...