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ADX trend reversal/continuation spotter

This indicator is based on ADX and uses a method based on pivot points to identify a possible trend reversal or trend continuation.
To better understand how to use this indicator, follow these instructions:
Check which type of line ADX is below/above.
If the ADX line is above the green line and has changed color, you can expect a possible trend change.
Similarly, if the ADX line is below the red line and has changed color, you can expect a continuation of the previous trend or a possible trend uptake based on the current situation in the chart.

EURUSD
To better understand how to use this indicator, follow these instructions:
Check which type of line ADX is below/above.
If the ADX line is above the green line and has changed color, you can expect a possible trend change.
Similarly, if the ADX line is below the red line and has changed color, you can expect a continuation of the previous trend or a possible trend uptake based on the current situation in the chart.
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開源腳本
秉持TradingView一貫精神,這個腳本的創作者將其設為開源,以便交易者檢視並驗證其功能。向作者致敬!您可以免費使用此腳本,但請注意,重新發佈代碼需遵守我們的社群規範。
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。