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Tradelivio's Ranging vs Trending Indicator ADX
This indicator is based on ADX and helps identify if a market is ranging/consolidating or trending.
Default setting are as follows:
FYI:
*50-75 Very Strong Trend
75-100 Extremely Strong Trend
You can configure 3 levels of strength (Absent, Weak & Strong)
Please keep in mind that a falling ADX line only means that the trend strength is weakening, and it usually does not mean the trend is reversing, unless there has been a price climax.
Default setting are as follows:
- 0-15 Absent Trend
15-25 Weak Trend
25+ Strong Trend
FYI:
*50-75 Very Strong Trend
75-100 Extremely Strong Trend
You can configure 3 levels of strength (Absent, Weak & Strong)
Please keep in mind that a falling ADX line only means that the trend strength is weakening, and it usually does not mean the trend is reversing, unless there has been a price climax.
受保護腳本
此腳本以閉源形式發佈。 However, you can use it freely and without any limitations – learn more here.
免責聲明
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
受保護腳本
此腳本以閉源形式發佈。 However, you can use it freely and without any limitations – learn more here.
免責聲明
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.