Dear Followers,
today I'm happy to share with you my DMI / ADX Strategy .
It provides directional trend information, so if a bullish or a bearish trend is going to start. Statistically it works better on lower timeframes (from 5 minutes to 1 hour).
It is both a Swing and Scalping Strategy indicator , based on a simple trend following theory , good for trading...
Experimental : This script identifies the consolidation of a stock for selected time period. The consolidation period and range can be configured. 2 levels of consolidation levels can be selected. i.e Strong and medium. The range for strong and medium level of consolidation can also be configured by the user.
A movement in the direction of breakout of the...
The script picks up Bank nifty stocks with their current respective weights and plots a Volume Weighted Average Price ( VWAP ) line along with 2 EMAs of your choice and an alert when the EMAs cross over and also when price crosses VWAP .
You can customize the script for MA type and lengths and to remove alert. Basic utility of the script is to analyse volumes...
Nifty-Signal-System is giving Bullish and Bearish signal for trade to buy and sell.
This signal system is mainly finding trend change and momentum change in the scripts.
There is two signal one Big triangle for Bullish and Bearish signal and another is arrow signal.
Arrow signals are generating for finding the continuation of trend.
Each arrow trader can do...
The script picks up nifty stocks with their current respective weights and plots a Volume Weighted Average Price line along with 2 EMAs and an alert when the EMAs cross over.
You can customize the script for EMA lengths and to remove alert. Basic utility of the script is to analyse volumes driving the Nifty 50 index.
Credits to @daytraderph and his script...
This is a simplistic indicator capable of predicting Intraday Reversal regions for almost any chart on NSE/BSE (Indian Stock Exchanges)
Notes for Usage:
Best works when used on both indexes NIFTY and NIFTYBANK simultaneously in correlation. Its easy to understand that correlation, any one using it should spot it in a few days
Also, should only be used on 3 or 5...
INTRADAY STRATEGY - NIFTY (Index)
INSTRUMENT TO TRADE - Nifty Futures, Nifty Options (Buy) - In The Money Call / Put Options
TIME FRAME - 05 mins
DURATION TYPE - Intraday , every trade must be closed at End Of Trading Day.
STRATEGY TYPE - Trend following, Intraday
The script will indicate when to BUY / SHORT the Index...
Idea : Idea of script is getting the volume of index BNF and NIFTY50 ( as Tradingview don't provide the volume information of the indexes )
How it works : Script works on getting the weighted volume of underlying stocks and the plotting them by weight in volume
Benefits:
1. Can server as example how, once can plot the mixed volume of symbols
2. Will help the...
Indian Market Outlook provides an information Panel for Major Nifty Indices, Indicators and the status of your stock time frames 2,5,15,30,60 minutes in one window.
It provides Up/Down Trend of the NIFTY & Other Indices.
Want to know when the market has reached near bottom in selloff or bearish trend?
You now have a perfect indicator for that - "Investment Bottom Indicator"
How to use?
Chart Setup-
Step 1- Add your index symbol
Step 2- Change the time frame to weekly (candle sticks)
Step 3- Add William %R - settings: Period- 52, Close
Step 4- Add this indicator - Investment...
I have developed this strategy for NIFTY-50 Index on which is traded National Stock of Exchange(India). It is non-repainting indicator and uses @version=4
This script uses hourly and daily price data.
The results will be very different depending on the chart and time-frame of your choice and date range of your choice.
The default contract quantity is set to 2...
![ETHUSD.P: [astropark] DMI/ADX strategy [strategy]](https://s3.tradingview.com/p/PEGQed2H_mid.png "[astropark] DMI/ADX strategy [strategy]")
