Description: 3 Lines are Stochastic RSI's, strongest move is when all crosses and moves to one direction (from top or bottom). Orange is original Stochastic of the timeline. (Live movement of price). Green is original Stoch x 6. (Short term movement). Red is original Stoch x27 (Long term price movement). Transparent columns are ADX signal. Higher the mountain,...
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.
This study comes with the following indicators and features: ADX indicator Chop indicator Super Trend indicator Trailing Take Profit and Stop Loss Entry, Take Profit, and Stop Loss Alerts Renko chart support And a few more indicators in the back-end to increase accuracy and optimize entries The study version with all alerts can be found in my...
This script comes with the following indicators and features: ADX indicator Chop indicator Super Trend indicator Trailing Take Profit and Stop Loss Entry, Take Profit, and Stop Loss Alerts Renko chart support And a few more indicators in the back-end to increase accuracy and optimize entries This script works really well as a scalper on lower...
Indicator DMX (Bipolar DMI) is calculated using the standard indicator ADX. However, as compared to that, it displays data as an oscillator with a signal line, and has shorter delay. DMX = (P-M) / (P+M) Signal = MA(DMX, Signal period, Method) where: P - (+DI) ADX indicator line; M - (-DI) ADX indicator line. Source: www.mql5.com
The Directional system is a trend-following method developed by J. Welles Wilder, in the mid-1970s. It identifies trends and shows when a trend is moving fast enough to make it worth following. It helps traders to profit by taking chunks out of the middle of important trends. Trading Rules 1. Trade only from the long side when the positive Directional line is...
Acknowledgements: Everget for Chandelier Exit indicator, mortdiggiddy for the Adaptive ATR-ADX Trend indicator This indicator is a duct-tape combination of the two aforementioned indicators. I wanted a combination of potential stop options, some dynamic and others not, but both at the same time. It is less intrusive/clunky than the Fib-Pivot-Stop indicator, but...
Fill indicates Strong Trend Cross indicates End of Trend -- El relleno indica una fuerte tendencia cuando el Di supera "Level Trend" El cruce de Di+ con Di- indica el fin de la tendencia Cuando el valor del ADX es menor a "Level Range", estamos en Rango
It's a remake of the previous script but for use in reverse positions at the same time. In this script the reality could be even better than the Backtest, because, only close the position with profit, so profitability should be 100%, and Longs and Shorts don't mix because they are independent. In real trade, you need an exchange that allows you to go in reverse...
It's a remake of the previous script but for use in reverse positions at the same time. In this script the reality could be even better than the Backtest, because, only close the position with profit, so profitability should be 100%, and Longs and Shorts don't mix because they are independent. In real trade, you need an exchange that allows you to go in reverse...
-The line control represents, if the ADX is greater than the line of 20, the price trend is considered strong, some people increase it to 25 -Dynamic adx color to better differentiate movements
v2 changes the way the histogram is plotted. Histogram shows the strength and can be used to identify trending or ranging periods.
Original ASH code from alexgrover Some changes: - Change the price to SMA with Period of 1 with reference to the original MT4 code - Added a few more MAs
It is a highly optimized script for H4, D1. Backtests from (2016 - 2019, depending on the currency pair). Optimization still going on. Following alerts can be activated: - Buy-Signal (Baseline-Cross)! Sell-Signal (Baseline-Cross)! Buy Signal (Aroon)! Sell Signal (Aroon)! Buy Signal (DMI)! Sell Signal (DMI)! Buy Signal (RWI)! Sell Signal (RWI)! ...