ADX System Overview

So I Came Across Another Trading System for Only $997. However, if you purchased in the next 24hours the whole system could be Yours For Only $497.

So I decided to Code it. This is only Version 1, and I discuss in the Video What I’ve found so for, some plans for Version 2 of the indicator, and I ask for your feedback on anything you find.

Indicators used in System:
CM_DI_Plus_Minus_V1 (Indicator On Bottom).
CM_ADX_V1 (Indicator On 2nd Pane).
CM_Gann_Swing_Hi_Lo (Indicator on Price Pane). This Indicator was published before…Link Below.


In Video I go over settings and how to customize charts.

Link To Video:

Link To Downloadable PDF Shown in Video:
نص برمجي مفتوح المصدر

قام مؤلف هذا النص البرمجي بنشره وجعله مفتوح المصدر، بحيث يمكن للمتداولين فهمه والتحقق منه، وهو الأمر الذي يدخل ضمن قيم TradingView. تحياتنا للمؤلف! يمكنك استخدامه مجانًا، ولكن إعادة استخدام هذا الكود في منشور تحكمه قواعد الموقع. يمكنك جعله مفضلاً لاستخدامه على الرسم البياني.

هل تريد استخدام هذا النص البرمجي على الرسم البياني؟
//Created By Chris Moody on 11-18-2014
//Designed to go with ADX Trading System.
//Video Overview Explaining Setup
study(title="CM_ADX_V1", shorttitle="CM_ADX_V1")
len = input(14, minval=1, title="DI Length")
lensig = input(14, title="ADX Smoothing", minval=1, maxval=50)

up = change(high)
down = -change(low)
trur = rma(tr, len)

plus = fixnan(100 * rma(up > down and up > 0 ? up : 0, len) / trur)
minus = fixnan(100 * rma(down > up and down > 0 ? down : 0, len) / trur)

sum = plus + minus 
adx = 100 * rma(abs(plus - minus) / (sum == 0 ? 1 : sum), lensig)

col = adx <= 10 ? gray : adx > 10 and adx <= 20 ? aqua : adx > 20 and adx <= 40 ? green : adx > 40 ? orange : yellow

//plot(plus, color=lime, title="+DI", style=line, linewidth=3)
//plot(minus, color=red, title="-DI", style=line, linewidth=3)
plot(adx, color=col, title="ADX", style=columns)
plot(0, title="0 Line", style=line, linewidth=3, color=gray)
plot(0, title="0 Line", style=circles, linewidth=3, color=gray)
plot(10, title="10 Line", style=line, linewidth=3, color=aqua)
plot(10, title="10 Line", style=circles, linewidth=3, color=aqua)
plot(20, title="20 Line", style=line, linewidth=3, color=green)
plot(20, title="20 Line", style=circles, linewidth=3, color=green)
plot(40, title="10 Line", style=line, linewidth=3, color=orange)
plot(40, title="10 Line", style=circles, linewidth=3, color=orange)

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