Library "TrendIndicators" This is a library of 'Trend Indicators'. It aims to facilitate the grouping of this category of indicators, and also offer the customized supply of the source, not being restricted to just the closing price. Indicators (this is a work in progress): 1. Absolute DI (Directional Moviment Index) (Difference between DI+ and DI-). Used...
Simple table to show the values for indicators which can be used to initiate trades: RSI: Long above 55 // Short below 45 // Choppy between 45-55 DI+: Long above 25 DI-: Short above 25 Note when to avoid trend trades: - If DI+ and DI- are both below 25 then market is choppy - If RSI is between 45-55 then market is choppy
What is This For? The default settings for this indicator are for BINANCE:BTCUSDT and intended to be used on the 3D timeframe to identify market trends. This indicator does a great job identifying whether the market is bullish, bearish, or consolidating. This can also work well on lower time frames to help identify when a trend is strong or when it's reversing....
Library "adx" Calculate ADX (and its constituent parts +DI, -DI, ATR), using different moving averages and periods. adx(atrMA, diMA, adxMA, atrLen, diLen, adxLen, h, l, c) Parameters: atrMA : Moving Average used for calculating the Average True Range. Traditionally RMA, but using SMA here and in adxMA gives good results too. diMA : Moving...
Average Directional Index (ADX) and Difference between DI+ and DI- (ΔDI±), I call it Delta for short. The idea explained: ADX is a common indicator for analysing trend strength. Values over 25 usually indicate the symbol is in "trend mode", meaning there is a lot of momentum, upwards or downwards, - while values under 25 suggest it is in "range mode", the price...
I have created an alternative visualisation of the ADX + DI indicator created by MasaNakamura, credits to them for providing the source code! :-) The histogram represents the distance between the DI+ and the DI-. The crossing of the histogram is equal to the crossing of the DI lines. The ADX line is coloured based on the threshold. This creates a clean...
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
We display here the ADX has a colored histogram, which is - green when ADX and DI+ are higher then DI-, while the ADX is increasing, meaning that we are in a potential uptrend--> we should rather be long (only buy if you have other concordant signals !) - red when ADX and DI- are higher then DI+, while the ADX is increasing, meaning that we are in a potential...
This Adx +-Di is just a complete version of what the ADX is supposed to signal. So you have: 15 (contraction), 20 (threshold), 30 (expansion), 40 (resistance) levels. Below 20 the price is not trending Above 30 the price is trending Below 15 price has been in contraction for too long Between 20 and 30 price is in a "transition zone". I finally added a...
An easier to read implementation of ADX and DI, with colour indicating direction of trend, oscillator indicating strength of trend, and below threshold shown with a lack of colour (black).
This indicator combines two separate Simple RSI indicators so you can show different periods together, as well as an ADX indicator with DI+ and DI-. I prefer to use one indicator to show the whole thing, instead of stacking the individual indicators.