Unlike the traditional ADX indicator, where the ADX itself is plotted in absolute units and detection of the trend direction is hindered, this indicator clearly displays the positive and negative ADX half-waves (displayed as colored on the chart). This indicator makes use of the Moving Averages found in the Baseline Backtest indicator: Volatility Types v1.0...
The average directional index ( ADX ) is a technical analysis indicator used by some traders to determine the strength of a trend. The trend can be either up or down, and this is shown by two accompanying indicators, the negative directional indicator ( -DI ) and the positive directional indicator ( +DI ). Therefore, the ADX commonly includes three separate...
Basic ADX DI with colored bars to show buy and sell signals , made for 1min but shows general signals of strong or weak buy and sell signals. Dark Red = Heavy Signal Light Red = weak signal Green = buy signal Dark Green = Heavy Signal Colors are to confirm or warn, Buy/Sell points are where to enter and exit. Mossy ADX DI colored bars for quick...
This strategy is a port of famous script from MasaNakamura ADX and DI Original study from MasaNakamura MasaNakamura at Scope of this port is to identify corrects inputs to get best results from signals that indicator gives. I added the possibility to choose stop loss and take profits and to smooth the results also with heikin ashi candles. Please use comment...