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....
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...
Stochastic and ADX (not plotted) DI positive and negative combined. This is done to remove the lines of DI +/- and make chart cleaner with just single point plot showing DI crossing. DI + above DI - = Green dot shown (bullish signal) DI + below DI - = Red X-cross shown (bearish signal) Enjoy!
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...
ADX is used to quantify trend strength. ADX calculations are based on a moving average of price range expansion over a given period of time. The default setting is 14 bars, although other time periods can be used. ADX can be used on any trading vehicle such as stocks, mutual funds, exchange-traded funds and futures. ADX is plotted as a single line with values...
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
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...
Uses 6 most common indicators to color candles when they give buy/sell signals. Use line view to see candle colors. Purple = 6 buy signals Teal = 5 buy signals Navy = 4 buy signals Lime = 3 buy signals Green = 2 buy signals Pale Green = 1 Buy signal White = neutral Gray = 1 sell signal Yellow = 2 sell signals Orange = 3 sell signals Red = 4 sell...
we change the way that hoe the adx and di shows. the background shows the adx. the red color means di+di-.
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).
author: maqpie (a.ka. Sanne) date: 26th of October 2017 NOTE: credits go to Brian from TRI 0.23% for the original code and for all that he has taught me. Thanks Brian! How to use this DI Three Thumbs Script script? 1. The first thumb will be the lowest time frame and MUST be equal to or higher than the chart's time frame, e.g. 60 2. The second thumb will be of a...
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.