Paints the color of the candles in accordance with the DMI Histogram. Two colors are supported - one for DMI Histogram above zero and one for DMI Histogram below zero. Inputs for ADX Smoothing and DI Length are also supported.
This is a trend-following indicator which condenses two SuperTrend indicators -- one based on analysis over a shorter period of time (1.5, 7), and one based on analysis over a longer period of time (1.65, 100) -- into a single indicator which appears on your chart only when both the shorter- and longer-term analysis indicates a "SuperTrend" in the same...
Personal DMI and ADX script ADX color change from positive vs negative momentum DMI Color fill based on DMI+/- positive momentum No fill color during lack of momentum
Alright - so this is my own version of John Carter's "10x Bars"... I have done multiple things that are different from his version so they are slightly different.. So first of all the main indicator is based off of the ADX and the DMI; For those who aren't familiar with it, Directional Movement is what you'd pull up under "built-in's" from the indicators tab...
A positive reading indicates an uptrend, a negative reading indicates a downtrend. For an uptrend, increasing values indicate that the trend is sustaining or strengthening while decreasing values indicate that the trend is stagnating or weakening. Vice versa for a downtrend. When the indicator reads 0, the price is not trending. This indicator is based on the...
Wilders Directional Movement Index & ADX With three different lines that you can change With two Signals that you can turn on and off When you change the lines, the signals also change You can activate alerts depending on the signals The displayed time frame is changeable
This is special indicator based on DMI , I add to time length MTF that is not repainting you can change the MTF using int2 function the alerts are based on crossing the 0 (up or down) I hope you like it with no MTF
Just add to the DMI colors Volume RSI so now i think this is a better indicator
So this indicator give you the DMI in colors. buy in green. sell in red :)
Edit of the popular script by @TraderR0BERT New features: - horizontal colored areas, indication weak/medium/strong trend - vertical bars, signaling trend/momentum changes - DI+ vs DI- contraction/expansion histogram (to measure the DI volatility)
So in this indicator I put the improved DMI together with stoch rsi the area in light blue are buy zone by the improved DMI the area in light red are potential sell zone by the improved DMI the green columns are stoch rsi crossing up the red columns are stoch rsi crossing down
This is a new indicator that make the normal DMI better insread of the ADX I put a volume indicator that have been transformed to be on regular scripts with this it much more easy to spot the true buy and sell points by the DMI have fun
Not an upgrade as much as a tweek. DMI+/- are slightly smoother. ADX was modified to be a field that is negative or positive, the value of which was multiplied to be highly visible. Hope you like it.
This script is very much beta! This is a simple script to visualize how two symbols move in relation to each other. For example if the underlying symbol is a 2x Gold ETF (meaning the ticker moves at 2x the spot price of gold---if gold goes up 3% this ticker should go up 6%) and the comparison symbol is an 2x inverse gold ETF (at gold up 3% this should move down...
This "Study" project has been created by request and is used in conjunction with the "Strategy" version. *** EXPERIMENTAL *** *** USE AT YOUR OWN RISK *** Description: Indicator based around Renko Bar Chart emulator (ATR) with direction change used to signal buy/sell trades. I have generally found that setting the strategy ATR resolution to 3-5x that of...