Petunjuk DM
Consolidation vs Trending
ADX is used to quantify trend strength. ADX calculations are based on a moving average of price range expansion over a given period of time. The default setting is 14 bars, although other time periods can be used. ADX can be used on any trading vehicle such as stocks, mutual funds, exchange-traded funds and futures.
ADX is plotted as a single line with values ranging from a low of zero to a high of 100. ADX is non-directional; it registers trend strength whether price is trending up or down. The indicator is usually plotted in the same window as the two directional movement indicator (DMI) lines, from which ADX is derived.
When the +DMI is above the -DMI, prices are moving up, and ADX measures the strength of the uptrend. When the -DMI is above the +DMI, prices are moving down, and ADX measures the strength of the downtrend.
ADX values help traders identify the strongest and most profitable trends to trade. The values are also important for distinguishing between trending and non-trending conditions. Many traders will use ADX readings above 25 to suggest that the trend is strong enough for trend-trading strategies. Conversely, when ADX is below 25, many will avoid trend-trading strategies.
ADX Value Trend Strength
0-25 Absent or Weak Trend
25-50 Strong Trend
50-75 Very Strong Trend
75-100 Extremely Strong Trend
Risk Appetite IndicatorBitfinex coins risk appetite indicator. To be applied on EOS and LTC and perhaps on other coins, too.
Go long when the background is red, go short when the background is green.
Based on LONGS compared with the LONGS on BTC+ETH+XRP. Only works on coins that can be margin traded @ Bitfinex - because it reads the number of Bitfinex long positions.
Alerts are available.
Time Indicator*This is a private script for Personal Use. To avoid any Trade Mark violations, the official math rules have been slightly optimized & name changed.
The Time Indicator gets its inspiration from the classic and trademarked work of Tom Demark (with one of the biggest differences being the elimination of the "Price Flip" being a necessary condition to start a "Setup"). The Indicator only displays values on the most recent 13 candles unless unless the count has something critically like 9. You should be very familiar with traditional trading techniques & the Tom DeMark's indicators in order to follow this one & also understand how it is different. Here is a very good presentation on it as part of Bloomberg's Market Essentials Trading Education Series .
The Chart below displays the features of the Indicator, but it is still a work in progress, additional features will be added soon in future updates.
TI - Backtest*This is a private script for Personal Use. To avoid any Trade Mark violations, the official math rules have been slightly optimized & name changed.
The Time Indicator - Backtest gets its inspiration from the classic and trademarked work of Tom Demark (with one of the biggest differences being the elimination of the "Price Flip" being a necessary condition to start a "Setup"). The word 'backtest' means that this indicator is displaying a count on every single candle and is ideal for backtesting strategies vs the regular Time Indicator that is only displaying numbers on recent candles. You should be very familiar with traditional trading techniques & the Tom DeMark's indicators in order to follow this one & also understand how it is different. Here is a very good presentation on it as part of Bloomberg's Market Essentials Trading Education Series .
The Chart below displays the features of the Indicator, but it is still a work in progress, additional features will be added soon in future updates.
