OPEN-SOURCE SCRIPT

NSDT MA+ADX

4 384
This script combines Moving Averages with ADX Strength, but with an added bonus. Rather than having the Moving Average line always plot on the chart, it will reference the ADX strength based on the settings by the trader.

This way, the Moving Average will not show on the chart unless there is also a strong direction in the trend. This may potentially be used to help with entries when trend trading due to adding the ADX for trend strength.

In the examples below, the ADX settings in the MA+ADX indicator are matched with the settings of a standalone ADX indicator at the bottom of the chart (not included, just for reference).

MA+ADX
prnt.sc/xgdn6iAYwD2T

ADX Only
prnt.sc/dVPYEutE6emA


You will see how the MA only plots when the ADX is over the threshold, currently set at 25. (arrows drawn to indicate confluence)
快照
發行說明
Can choose between 4 different types of Moving Averages. (EMA, SMA, WMA, HMA)

免責聲明

這些資訊和出版物並非旨在提供,也不構成TradingView提供或認可的任何形式的財務、投資、交易或其他類型的建議或推薦。請閱讀使用條款以了解更多資訊。