Conversion of ADX moving average from TradingView

Viewing 3 posts - 1 through 3 (of 3 total)

Author

Posts
05/10/2024 at 2:45 PM #232532 quote

mathiasKN
Participant

New

Hello,

Would kindly ask someone to please translate ADX smoothing Moving Average with trend color change.

This is the code from TradingView:

study(title=”Moving Average ADX”, shorttitle=”MA ADX”, overlay=true)

lenadx = input(14, minval=1, title=”DI Length”)
lensig = input(14, title=”ADX Smoothing”, minval=1, maxval=50)
limadx = input(18, minval=1, title=”ADX MA Active”)

up = change(high)
down = -change(low)
trur = rma(tr, lenadx)
plus = fixnan(100 * rma(up > down and up > 0 ? up : 0, lenadx) / trur)
minus = fixnan(100 * rma(down > up and down > 0 ? down : 0, lenadx) / trur)
sum = plus + minus
adx = 100 * rma(abs(plus – minus) / (sum == 0 ? 1 : sum), lensig)

macol = adx > limadx and plus > minus ? lime : adx > limadx and plus < minus ? red :black

len = input(34, minval=1, title=”Length”)
src = input(close, title=”Source”)
out = wma(src, len)
plot(out, color=macol, title=”MA”, linewidth= 3)

BR,
Mathias

05/13/2024 at 8:21 PM #232611 quote

JS
Participant

Master

Hi Mathias,

This indicator, based on the ADX and ATR, is in the library…

Adaptive ATR-ADX Trend

Iván González and mathiasKN thanked this post

05/14/2024 at 8:35 PM #232644 quote

mathiasKN
Participant

New

Thank you JS for your reply and your recommendation, I believe the one you sent me is good for trailing stops. Although the ADX/DMI indicator that I´ve posted above is more for keeping track of the current trend, and keep you out when in the grey/black zone This is the description from the creator on TV: ADX Smoothing Trend Color Change on Moving Average and ADX Cross. Use on Hourly Charts – Green UpTrend – Red DownTrend – Black Choppy No Trend Posting a pic for further clarification, ADX MA on the upper tab and DMI on the lower. When the DMI- and + are close, the MA line goes grey
Author

Posts

Viewing 3 posts - 1 through 3 (of 3 total)

You must be logged in to reply to this topic.

New

Stuck on this ProBuilder code?

Describe what this topic is trying to build, in plain English, and ProRealAI writes the ProRealTime™ indicator, screener or system for you.

Available in 7 languages

Try ProRealAI

Conversion of ADX moving average from TradingView

ProBuilder: Indicators & Custom Tools

New Reply

Author

mathiasKN @mathiaskn Participant

Summary

This topic contains 2 replies,
has 2 voices, and was last updated by mathiasKN
2 years, 4 months ago.

Topic Details

Forum:	ProBuilder: Indicators & Custom Tools
Language:	English
Started:	05/10/2024
Status:	Active
Attachments:	No files