MomentumSignal Kit RSI-MACD-ADX-CCI-CMF-TSI-EStoch// ----------------------------------------
// Description:
// ----------------------------------------
// MomentumKit RSI/MACD-ADX-CCI-CMF-TSI-EStoch Suite is a comprehensive momentum indicator suite designed to provide robust buy and sell signals through the consensus of multiple normalized momentum indicators. This suite integrates the following indicators:
// - **Relative Strength Index (RSI)**
// - **Stochastic RSI**
// - **Moving Average Convergence Divergence (MACD)** with enhanced logic
// - **True Strength Index (TSI)**
// - **Commodity Channel Index (CCI)**
// - **Chaikin Money Flow (CMF)**
// - **Average Directional Index (ADX)**
// - **Ehlers' Stochastic**
//
// **Key Features:**
// 1. **Normalization:** Each indicator is normalized to a consistent scale, facilitating easier comparison and interpretation across different momentum metrics. This uniform scaling allows traders to seamlessly analyze multiple indicators simultaneously without the confusion of differing value ranges.
//
// 2. **Consensus-Based Signals:** By combining multiple indicators, MomentumKit generates buy and sell signals based on the agreement among various momentum measurements. This multi-indicator consensus approach enhances signal reliability and reduces the likelihood of false positives.
//
// 3. **Overlap Analysis:** The normalization process aids in identifying overlapping signals, where multiple indicators point towards a potential change in price or momentum. Such overlaps are strong indicators of significant market movements, providing traders with timely and actionable insights.
//
// 4. **Enhanced Logic for MACD:** The MACD component within MomentumKit utilizes enhanced logic to improve its responsiveness and accuracy in detecting trend changes.
//
// 5. **Debugging Features:** MomentumKit includes advanced debugging tools that display individual buy and sell signals generated by each indicator. These features are intended for users with technical and programming skills, allowing them to:
// - **Visualize Signal Generation:** See real-time buy and sell signals for each integrated indicator directly on the chart.
// - **Adjust Signal Thresholds:** Modify the criteria for what constitutes a buy or sell signal for each indicator, enabling tailored analysis based on specific trading strategies.
// - **Filter and Manipulate Signals:** Enable or disable specific indicators' contributions to the overall buy and sell signals, providing flexibility in signal generation.
// - **Monitor Indicator Behavior:** Utilize debug plots and labels to understand how each indicator reacts to market movements, aiding in strategy optimization.
//
// **Work in Progress:**
// MomentumKit is continuously evolving, with ongoing enhancements to its algorithms and user interface. Current debugging features are designed to offer deep insights for technically adept users, allowing for extensive customization and fine-tuning. Future updates aim to introduce more user-friendly interfaces and automated optimization tools to cater to a broader audience.
//
// **Usage Instructions:**
// - **Visibility Controls:** Users can toggle the visibility of individual indicators to focus on specific momentum metrics as needed.
// - **Parameter Adjustments:** Each indicator comes with customizable parameters, allowing traders to fine-tune the suite according to their trading strategies and market conditions.
// - **Debugging Features:** Enable the debugging mode to visualize individual indicator signals and adjust their contribution to the overall buy/sell signals. This requires a basic understanding of the underlying indicators and their operational thresholds.
//
// **Benefits:**
// - **Simplified Analysis:** Normalization simplifies the process of analyzing multiple indicators, making it easier to identify consistent signals across different momentum measurements.
// - **Improved Decision-Making:** Consensus-based signals backed by multiple normalized indicators provide a higher level of confidence in trading decisions.
// - **Versatility:** Suitable for various trading styles and market conditions, MomentumKit offers a versatile toolset for both novice and experienced traders.
//
// **Technical Requirements:**
// - **Programming Knowledge:** To fully leverage the debugging and signal manipulation features, users should possess a foundational understanding of Pine Script and the mechanics of momentum indicators.
// - **Customization Skills:** Ability to adjust indicator parameters and debug filters to align with specific trading strategies.
//
// **Disclaimer:**
// This indicator suite is intended for educational and analytical purposes only and does not constitute financial advice. Trading involves significant risk, and past performance is not indicative of future results. Always conduct your own analysis or consult a qualified financial advisor before making trading decisions.
ค้นหาในสคริปต์สำหรับ "adx"
Ta StrategyHello guys
This script follows traditional technical indicators
MACD, ADX, RSI and pivot points
If the price is above the resistance and the MACD has crossover ,and the RSI 14 is above 50
ADX is higher than 20, and DI+ is higher than DI-. This is a buy signal and vice versa for a sell signal
The script moves the stop loss to the entry price after the first target is reached
You can specify the quantity you want to sell when the price reaches the first target
There are also options like if you want the script to entry long or short, or both
you can reverse the strategy if it does not work well
If you want to inquire about any details, please let me know in the comments
Momentum PlayTraders always need a confirmation of momentum in price action to ride the swings.
Momentum Play Indicator consists of the below:
Bullish Conditions :
1)EMA 8 above EMA 34 and rising
2)Candle close above 5 candle high
3) RSI above 60
4) Volume above 5 candles avg. volume
5) ADX above 20
Bearish Conditions :
1)EMA 8 below EMA 34 and falling
2)Candle close below 5 candle low
3) RSI below 40
4) Volume above 5 candles avg. volume
5) ADX above 20
Traders can change the inputs as per their liking to adjust as per their comfortable timeframe.
Credits: Special Thanks to Mr. DTBHAT for sharing the above conditions.
Oscillator ExtremesThe Oscillator Extremes indicator plots the normalized positioning of the selected oscillator versus the Bollinger Bands' upper and lower boundaries. Currently, this indicator has four different oscillators to choose from; RSI, CMO, CCI, and ROC.
When the oscillator pushes towards one extreme, it will bring the value of the prevailing line closer to zero. If the bullish or bearish line crosses the zero line, the oscillator is past the extreme of the Bollinger Band.
Example: If the RSI crosses over the upper boundary of the Bollinger, the bullish(green) line will cross under the zero line.
Crossovers of the bullish and bearish lines can indicate a shift in momentum and are a signal. Where the line crossing under, towards zero, is the prevailing trend. The plotted lines will highlight green(bullish) or red(bearish) to show the prevailing trend. This is similar to a DI+- crossover that is commonly associated with the ADX.
We have included an optional normalized ADX to help validate signals. The ADX will change color based on the slope of the ADX. Purple indicates a positive slope and white for a negative slope.
TUE ADX Crossover Signals V1.0This simple indicator gives you a way to visualize ADX crossovers on your chart and is a good companion if you like to trade with the ADX.
Green candles have a DI+ over DI- crossover, and vice versa for the red candles.
It gives you the ability to turn on and off BUY and SELL signals generated from the ADX crossovers.
Code is provided open source, feel free to use it for any purpose other than resale.
DMI Trade Zone [Alorse]Through the DMI Trade Zone you can find safe areas to trade in the Spot market.
The logic behind the indicator is:
- If the Positive Directional Movement (+DI) is greater than the Negative Directional Movement (-DI) then the Average Directional Movement Index (ADX) will be green with an opaque white background.
- If the Positive Directional Movement (+DI) is less than the Negative Directional Movement (-DI) then the Average Directional Movement Index (ADX) will be red.
Trading Range FinderWhat is it?
This indicator is a visual representation of the ADX indicator that shows where the areas of weak trends are. Anything shaded in a gray background implicates that the chosen market is experiencing a weak trend.
These areas of weak trends are seen typically when ADX drops below 20-25 but this script is customizable to change where you want that threshold.
Why did I make it?
I made this indicator to be used in combination with other trading indicators to eventually be used to identify when a market is range-bound/sideways.
Since momentum-based indicators can be "thrown off" in sideways market conditions, I will be using this visual indicator to identify when it is best to filter out a trade signal in a momentum-based strategy.
Bollinger Band + RSI + ADX + MACD + HeikinashiThis script takes into picture Bollinger Bands, RSI with a comparator value, ADX with a comparator value, and MACD with Heikinashi Direction
THIS IS A LONG-ONLY STRATEGY. SHORT TRADES ARE NOT INCLUDED
Strategy:
The Strategy takes a trade only after ALL the following conditions are met.
Candle low is lower than the Bollinger Lower band
RSI is higher than the comparator value
ADX is higher than the comparator value
MACD value is higher than the Signal value
Stop Loss : Max of (Low of the candle - 0.22% and Close of the candle - 0.32%) - FYI, because its max, it's lower of the 2 and your risk is lesser
Target : Max of (Bollinger Band Upper band and 0.75% of the value of underlying) - FYI, it takes the maximum available
Reversal with Bollinger Bands + RSI + ADX + ATR (Upgraded)Hi,
Welcome to my 4th script.
Someone asked me some questions about the Bollinger Band strategy I previously published. When I went back to my published script I couldn't help myself but simply try and make it better. Which I did.
Since I've published that script, I've gained much more knowledge about how Pinescript functions. As well as gaining more and more knowledge about how the markets are structered etc.
In this reversal script we use 4 indicators to determine good entry signals, we determine whether the market is ranging or trending and we still only want to take trades in the direction of the "trend".
Bollinger Bands are used for our entry signal. When price hits either side of the band, we wait for a reverse candlestick before we enter a position.
RSI is used to determine if we're in a trending market or in a ranging market. You can adjust the values in the inputs. You can determine the minimum RSI value and the maximum RSI value.
ADX is used the same way as RSI, you can adjust the value in the inputs. You can determine the minimum ADX value.
Last but not least we use two EMA's, a 200 EMA and 100 EMA. Both are adjustable through the inputs. I used two EMA's because I noticed when using this strategy that we'd enter a new position often after having a bad trade. Using two EMA's might clean up some signals, in my case with EUR/USD on a 15m timeframe, it didn't clean up enough signals.
All the default values are pretty decent but might require some finetuning on a certain instrument. Don't overfit the strategy though, that'll only give you bad signals in the future.
Then we are off to our exit signals.
Initially I wanted to incorporate my previous Bollinger Band exit signals as well, but it was too much of a hassle to make the script work as intended so I left it out. If you want to use those exit signals, just find my other script.
When we're in a position and price crosses the opposite band, we wait for a reverse candlestick before we exit the position.
Additionally we want our losses to be as small as possible, so we use RSI to signal us when the market is, or starts to, trend against us. This is where you use the minimum and maximum exit values. So when RSI crosses over or under that value, it'll exit the position.
Furthermore, we use the ATR indicator to set our stop loss, which is pretty basic stuff. You can adjust the ATR multiplier in the inputs. Disabling "Use Trailing Stop?" is really inadvisable unless you know this script inside out as your only exit signals will be opposite Bollinger Band Cross and RSI overbought / oversold areas.
OBV - ADX and DI+/-This is the ADX and DI+/- indicator applied to OBV!
This really clearly shows up and down, but using VOLUME! Don't ignore it, there is too much information captured in the OBV.
If you just love the ADX/DI format, it is included in a checkbox.
Want some excellent background highlighting, turn in on in a checkbox.
Shout out to some inspirations
csw-dmi
unRekt-KISS-Addie
Directional Movement Index TrendThis DMI I modified to see the trend more clearly, and the ADX line changes according to the trend force, which is perfectly configurable, the configuration I left my default configuration, in case you want to modify it because you see the trend in different values, feel free, and basically the columns are the average of DI and also indicate the trend more clearly.
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Esse DMI eu modifiquei para ver a tendência com maior clareza, e a linha do ADX ela muda de acordo com a força de tendência, a qual é perfeitamente configurável, a configuração eu deixei a minha configuração padrão, caso você queira modificar porque você vê a tendência em valores diferentes, sinta-se livre, e basicamente as colunas são a média de DI e indicam também com mais clareza a tendência.
DMI & ADX Trend indicator - colour coded DMI and ADX plotted on an indicator. ADX histogram is colored when above value of 20 and rising when aligned with trend direction as defined by DMI criteria. (Green=Bullish & trending / Red=Bearish & trending)
Absolute Strength MTF IndicatorIntroduction
The non-signal version of the absolute strength indicator from fxcodebase.com requested by ernie76 . This indicator originally from mt4 aim to estimate the bullish/bearish force of the market by using various methods.
The Indicator
Two lines are plotted, a bull line (blue) representing the bullish/buying force and a bear one (red) representing the bearish/selling force, when the bull line is greater than the bear line the market is considered to be strongly bullish, else strongly bearish.
The indicator use various method, Rsi, stochastic, adx. The Rsi method is the one by default.
The stochastic method is less reactive but smoother
The Adx method is way different, while the other two methods make the bull and bear lines somewhat uncorrelated, the adx method focus more on the overall market strength than individual buyer/seller strength.
The smoothing method use 3 different filters, SMA, EMA and LSMA, LSMA is more reactive than the two previous one while EMA is just more computer efficient.
It is possible to use price data of different time frames for the calculation of the indicator.
Stochastic method with 4 hour price close as source.
Conclusion
A classic indicator who can be derived into a lot of ways using a more adaptive architecture or recursion. Hope you find it a use :)
A big thanks to ernie76 for the request and the support/testing of the indicator
Feel free to pm me for any request.
TheStocksDoctor_WVF + ADX + CCIThis script is a modified version of CM Williams Vix Fix for which I have added an indicator that shows when ADX and CCI are both indicating positive momentum - highlighted by green bars. This is part of TheStocksDoctor Trading System.
Inputs are as follows:
Lookback period Standard Deviation High ---> 22
Bolinger Band Length ---> 20
Bollinger Band Standard Dev.. ---> 2
Lookback period percentile high ---> 50
Highest Percentile ---> 0.85
----Highlight bars Below... --->
Show Highlight bar if WVF WAS true is now False --->
Show highlight bar if WVF IS True --->
----Highlight bars Below Use Filtered... --->
Show highlight bar for filtered entry --->
Show highlight bar for AGGRESSIVE Filtered Entry? --->
Check below to Turn all Bars Gray --->
Check box to Turn Bars gray? --->
Long-term look back current bar has to close Below... ---> 40
Medium-term look back current bar has to close below... ---> 14
Entry price action strength --close... ---> 3
--------Turn On/Off Alerts below... --->
---To activate alerts you HAVE To Check... --->
---You can un Check the box BELOW... --->
Show Williams Vix Fix Histogram... --->
Show Alert WVF = True? --->
Show Alert WVF wa true now False? --->
Show Alert WVF Filtered? --->
Show Alert WVF AGGRESSIVE Filter? --->
ADX Smoothing ---> 17
DI Length ---> 17
[astropark] MACD, RSI+, AO, DMI, ADX, OBV, ADI//******************************************************************************
// Copyright by astropark v4.1.0
// MACD, RSI+, Awesome Oscillator, DMI, ADX, OBV, ADI
// 24/10/2018 Added RSI with Center line to have clear glue of current trend
// 10/12/2018 Added MACD
// 13/12/2018 Added multiplier for MACD in order to make it clearly visible over RSI graph
// 11/01/2019 Added Awesome Ascillator (AO)
// 11/01/2019 Added Directional Movement Index (DMI) with ADX
// 14/01/2019 Added On Balance Volume (OBV)
// 14/01/2019 Added Accelerator Decelerator Indicator (ADI)
//******************************************************************************
[astropark] MACD, RSI+, Awesome Oscillator, DMI, ADX, OBV//******************************************************************************
// Copyright by astropark v4.0.0
// MACD, RSI+, Awesome Oscillator, DMI, ADX, OBV
// 24/10/2018 Added RSI with Center line to have clear glue of current trend
// 10/12/2018 Added MACD
// 13/12/2018 Added multiplier for MACD in order to make it clearly visible over RSI graph
// 11/01/2019 Added Awesome Oscillator (AO)
// 11/01/2019 Added Directional Movement Index (DMI) with ADX
// 14/01/2019 Added On Balance Volume (OBV)
//******************************************************************************
[astropark] MACD, RSI+, Awesome Oscillator, DMI with ADX//******************************************************************************
// Copyright by astropark v3.1.0
// MACD, RSI+, Awesome Oscillator, DMI, ADX
// 24/10/2018 Added RSI with Center line to have clear glue of current trend
// 10/12/2018 Added MACD
// 13/12/2018 Added multiplier for MACD in order to make it clearly visible over RSI graph
// 11/01/2019 Added Awesome Ascillator (AO)
// 11/01/2019 Added Directional Movement Index (DMI) with ADX
//******************************************************************************
simrido+ADXblue area is srd (simrido. i cannot find proper english word. so i named it srd)
red is ADX
if blue is increasing (or higher than 50), it mean price increasing.
ok i like SRD. it looks like RSI. so good!
--------
blue increase + ADX decrease = price can be decrease soon (or decreasing already?)
This is not my idea. it something like Divergence...
well....i still cannot understand this idea.
:)
anyway i hope you enjoy this indicator.
DI histo + adxThis is a DI + ,DI - with ADX , but instead of plot the 2 lines of Directional moviment ( + and -), we have a histogram of the difference between DI+ and DI-. As zero line I used value of 25, so can plot the ADX too
Kay_BBands v2This is the second version of Kay_BBands. But this is infused with ADX.
When +DI (Directional Index) is above -DI, then Upper band will be visible and vice-versa.
This is when the ADX is above the threshold. 20 is the default but can be set to 25.
When the ADX is below the specified threshold, both bands gets visible, showing no trending conditions.
Use it with another band with setting 20/21, 0.6 deviation. Prices keeping above or below the 2nd bands upper or lower bounds shows trending conditions.
Estrategia 15 MINel cruce de emas 200 y 50 es una estrategia de trading basada en el cruce de dos medias móviles exponenciales (ema): la de 200 periodos y la de 50 periodos. cuando la ema de 50 cruza por encima de la ema de 200, se considera una señal de compra, mientras que cuando cruza por debajo, es una señal de venta.
el tiempo de operación y la zona donde se aplica la estrategia pueden variar según el mercado y el estilo del trader. además, la estrategia incorpora el indicador adx para confirmar la entrada y las compras, lo que ayuda a filtrar señales falsas y operar en mercados con tendencia clara.
MY3 ADX+StokastikBu strateji, ADX’nin manuel hesaplaması ve Stokastik göstergesinin sinyallerini kullanarak potansiyel alım ve satım noktalarını belirlemeyi amaçlar.
TrendMasterPro_FekonomiTrend Change and Start Signals with Weighted Conditions
The Trend Change and Start Signals with Weighted Conditions indicator leverages various technical analysis tools to generate reliable buy and sell signals. This indicator helps investors more accurately identify trend changes and start signals in the market.
Features:
Utilizes popular technical analysis tools such as MACD, RSI, EMA, and Ichimoku Cloud.
Enhances signal accuracy with additional indicators like ADX and Volume Increase.
Allows users to adjust the weights of each condition to set their importance.
The Confidence Level parameter lets you adjust the accuracy rate of the signals.
Visual Signals make it easy to track buy and sell points directly on the chart.
How It Works:
Condition Weights: Users assign weights to indicators like MACD, RSI, EMA, and Ichimoku Cloud. If you have no idea, use default settings.
Condition Fulfillment: Checks if the conditions for each indicator are met.
Confidence Level: The total weight of the fulfilled conditions must exceed the user-defined confidence level.
Signal Generation: When these conditions are met, a buy or sell signal is generated and visually displayed on the chart.
Customization:
Personalize Signals: By adjusting the weights of the indicators used, you can personalize the signals to match your trading strategy and preferences.
Use Cases:
Short-Term Investments: Identify quick trend changes for short-term trading decisions.
Long-Term Investments: Detect long-term trend starts and changes for strategic investment decisions.
Technical Analysis: Combine different technical analysis tools for more comprehensive and reliable analyses.
With this indicator, you can better understand market movements and make more informed investment decisions. Try it now and enhance your trading strategy!
by Fekonomi
