ADX DM Screener

MrMagic · 2019-04-02T05:22:13+00:00

Good morning all. Can I get some help with setting up an ADX screener please? Criteria- ADX crosses +DM from below 20 for a bullish screener (with +DM already above -DM) and screener remains for 3 candles ADX crosses -DM from below 20 for a bearish screener (with -DM already above +DM) and screener remains for 3 candles Your help is much appreciated. Thank you. KR

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04/02/2019 at 6:22 AM #95276 quote

MrMagic
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Good morning all. Can I get some help with setting up an ADX screener please?

Criteria-

ADX crosses +DM from below 20 for a bullish screener (with +DM already above -DM) and screener remains for 3 candles

ADX crosses -DM from below 20 for a bearish screener (with -DM already above +DM) and screener remains for 3 candles

Your help is much appreciated.

Thank you.

KR

04/04/2019 at 8:11 AM #95454 quote
Nicolas
Keymaster

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That code should do the trick:
```
iadx = ADX[14]
plus = DIplus[14](close)
minus = DIminus[14](close)

c1 = summation[3](iadx crosses over plus and plus>minus)>0
c2 = summation[3](iadx crosses over minus and plus<minus)>0

screener[c1 or c2]
```
(not tested, please test it and make feedback here).

MrMagic thanked this post
06/30/2020 at 10:47 PM #137831 quote

MrMagic
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Hey @Nicolas, I tested the above screener but it only shows instruments where the ADX is leaving the DMI instead of entering it. I’ve attached a photo of what I had suggested. So instead of screening for instruments where the ADX crosses from outside and stays between D+ and D- as shown in arrows (1) and (2), it shows (3), if I make sense. Thanks.

Screenshot-2020-06-30-at-22.45.42.png
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