Waddah Attar ADXxBollinger

v10.3
Waddah Attar ADXxBollinger

This indicator give ADX trend signals associated with Volatility expansion at the same time.

If the histogram is red, DIminus is above DIplus and if its green, DIminus is under DIplus and the trend is bullish.

The oscillation are made by multiplying the ADX value to Bollinger Bands bandwidth, so you can have a rough idea of the trend force (volatility).

I stumble upon this MT4 indicator while browsing information on the web to help someone making an ADX screener, so here it is converted for prorealtime.

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ADX bollinger bollinger bands volatility
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No information on this site is investment advice or a solicitation to buy or sell any financial instrument. Past performance is not indicative of future results. Trading may expose you to risk of loss greater than your deposits and is only suitable for experienced investors who have sufficient financial means to bear such risk.

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10/09/2017

576 posts • 1843 Followers
  1. avatar
    flodefacebook • 10/09/2017 #

    Merci Nicolas pour cet indicateur.
    Très utile dans une technique de retournement.

  2. avatar
    HeikinAshi • 10/09/2017 #

    thank you for this very interesting indicator Nicolas!

    did you define a tradable setup for yourself?
    indicator is green, falling: X rising: Y
    indicator is red, falling: X rising: Y

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Roberto Blázquez I'm sorry, I've tried it since November 2012 and it's bad results.
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Vonasi An updated version with a bug fix can be found here: https://www.prorealcode.com/topic/dis...
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Vonasi There are actually two ways to calculate standard deviations and I seem to have used the ver...
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Vonasi There are actually two ways to calculate standard deviations and I seem to have used the ver...
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segie Can something similar be done with Supertrends?
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Vonasi Not sure I fully understand what you are asking for. Are you asking for MTF Supertrend level...
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Kris75 very interesting; thanks !
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Maxime Baudin Grazie!
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Vinks_o_7 Vonasi you're a beast !!! ;-)))
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Nicolas Oui ce serait possible, cependant l'indicateur est bien prévu pour conserver la couleur de l...
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supertiti Quand tu pourras si tu peux nous coder la troisième couleur cela améliorerait les trades cou...
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Nicolas remplacer les valeurs de coloured(0,255,0) par coloured(r,g,b) et ajouter ces noms de variab...
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