Atualizado
ADX Strategy (original)

ADX Strategy
Description:
Generates a long entry signal when the Average Directional Index (ADX) value is greater than the trendlevel and the close is greater than the filter value, and/or generates a short entry signal when the ADX value is greater than the trendlevel and the close is less than the filter value.
The Average Directional Index evaluates the strength of a current trend. The ADX is an oscillator that fluctuates between 0 and 100. Values below 20 indicate a weak trend, values above 40 indicate a strong trend. The direction of the trend is not measured by this indicator.
As usual, the script features signal filtering/generation and a rough estimate of its performance.
Description:
Generates a long entry signal when the Average Directional Index (ADX) value is greater than the trendlevel and the close is greater than the filter value, and/or generates a short entry signal when the ADX value is greater than the trendlevel and the close is less than the filter value.
The Average Directional Index evaluates the strength of a current trend. The ADX is an oscillator that fluctuates between 0 and 100. Values below 20 indicate a weak trend, values above 40 indicate a strong trend. The direction of the trend is not measured by this indicator.
As usual, the script features signal filtering/generation and a rough estimate of its performance.
Notas de Lançamento
Added exit methods.Notas de Lançamento
Minor fix to the logic.Notas de Lançamento
Minor fix.Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.