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  • 新特性

ADXW Cloud Pro

Full implementation of Directional Movement System for trading, originally developed by Welles Wilder, with modifications to improve profitability, to reduce the number of unfavorable signals, and with Stop Loss lines.

    No re-paint

      Features

      • Buy/sell signals displayed on the chart
      • Stop levels visually indicated on the chart
      • Profit-taking points presented in the indicator window
      • Exit points for unfavorable positions presented in the indicator window
      • Signal confirmation through high/low swing crossings
      • Fully customizable objects and graphical factors through input settings
      • ADX indicator displayed in a cloud format with transparent colors
      • Color-coded lines for easy signal identification
      • Includes a gauge for identifying trend and range areas
      • Applicable to all markets and time-frames

      What Is ADX

      J. Welles Wilder Jr., the developer of well-known indicators such as RSI, ATR, and Parabolic SAR, believed that the Directional Movement System, which is partially implemented in ADX indicator, was his most satisfying achievement. In his 1978 book, New Concepts in Technical Trading Systems, He said:

      I have probably spent more time studying directional movement than any other concept. Certainly one of my most satisfying achievements was the day I was actually able to reduce this concept to an absolute mathematical equation.

      The core idea of this indicator is to record directional movements whenever there is a higher high or lower low. The indicator then calculates the smoothed moving average of these directional movements to determine the Directional Indexes (DIs), which are represented as DI+ and DI- lines within the ADX indicator (or as cloud in this version). The Average Directional Index (ADX) line is derived by dividing the difference between the DIs by their sum total.


      Five rules for trading with Directional Movement System:

      1. When DI lines cross each other (equilibrium points in the indicator), it’s time to enter a position in the direction of their cross (green point for long position, red point for short position), but after checking other things (rules 2 & 3). 
      2. When you observe an equilibrium point (EP) in the indicator, the high/low price of that candle becomes your extreme point (high in case of a green EP, and low in case of a red EP). Closing above the extreme point after green EP (and below extreme point after red EP) signals entry into a position in the direction of the EP, but it would be better to check other things (rule 3).
      3. (a) Do not trade when ADX line is below the cloud; (b) Do not trade when ADXR line is below the level (20, by default); (c) Do not trade when ADX line is moving downward. Because these are the three signs of the range market.
      4. Take profit when the color of the ADX line changes from blue to orange; this is probably a point of reversal. You may consider re-entering in the direction of your previous position if the ADX line color changes back to blue and remains above the cloud.
      5. Exit your current position when the ADX line dips below the cloud, and await another signal before considering re-entry.

      I would be grateful if you let me know about any bugs or any suggestion to improve the code.

      Related topics:

      Average Directional Index, Directional Movement, DI+, DI-, trading system, ATR, reversal points, extremum point, equilibrium point, momentum, swing, stop levels



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      Daniel Stein
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      Shiv Raj Kumawat
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      介绍     Quantum Breakout PRO   ,突破性的 MQL5 指标,正在改变您交易突破区域的方式!由拥有超过13年交易经验的资深交易员团队开发,     量子突破 PRO     旨在通过其创新和动态的突破区域策略将您的交易之旅推向新的高度。 量子突破指标将为您提供带有 5 个利润目标区域的突破区域的信号箭头,以及基于突破框的止损建议。 它既适合新手交易者,也适合专业交易者。 量子 EA 通道:       点击这里 重要的!购买后请私信我领取安装手册。 建议: 时间范围:M15 货币对:GBPJPY、EURJPY、USDJPY、NZDUSD、XAUUSD 账户类型:ECN、Raw 或 Razor,点差极低 经纪商时间:GMT +3 经纪商:IC Markets、Pepperstone with Raw 和 Razor 的点差最低 规格: 不重漆! 最多 5 个建议利润目标区域 建议止损水平 可定制的盒子。您可以设置自己的 Box Time Start 和 Box Time End。 接触 如果您有任何疑问或需要帮
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      Juvenille Emperor Limited
      5 (13)
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      Sergey Ermolov
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      Shahabeddin Baset
      4.89 (9)
      Classic MACD It has MACD line, Signal line, and Histogram . The Histogram has 4 colors , showing its movement direction as simple as possible. The smoothing factor in the input helps to eliminate noisy signals. Besides different price types (hlc, hlcc, ohlc, ...), there is an option to use volume data as the source for MACD calculations (which is better to be used by real volume not unreliable tick volume). While the original MACD indicator uses Exponential Moving Average, this indicator provid
      FREE
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      Shahabeddin Baset
      5 (2)
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      FREE
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      Shahabeddin Baset
      4.6 (5)
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      FREE
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      Shahabeddin Baset
      5 (1)
      Combination of Ichimoku and Super Trend indicators. 1. ARC (Average Range times Constant) The concept of ARC or Volatility System was introduced by Welles Wilder Jr. in his 1978 book, New Concepts in Technical Trading Systems . It has since been adapted and modified into the popular Super Trend indicator. The fundamental idea behind ARC is simple: to identify support and resistance levels, you multiply a constant with the Average True Range (ATR) . Then, you either subtract or add the resultin
      FREE
      High Low Swing
      Shahabeddin Baset
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      FREE
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      Shahabeddin Baset
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      Shahabeddin Baset
      Combination of Ichimoku and Super Trend indicators, with Signals and live notifications on Mobile App and Meta Trader Terminal. Features: Display five reliable signals of ARC Ichimoku Filter signals by their strength level (strong, neutral, weak) Send live notifications on Mobile App and Meta Trader terminal S ignals remain consistent without repainting Applicable across all time-frames Suitable for all markets Notifications format: "ARC Ichimoku | XAUUSD | BUY at 1849.79 | Tenken-Kijun cross |
      Total Volume Profile
      Shahabeddin Baset
      Includes almost all the concepts related to Volume Profile: POC , Value Area , Developing POC , Anchored VWAP , Volume Delta ; since the “Total” in its name. It is fast in its calculations and simple to work with. Features: 1.    Selectable calculation timeframe to find most traded levels. 2.    Capable of calculating Volume Profile based on tick data 3.    Adjustable histogram bars by their count. 4.    Adjustable histogram bars by their height (price range). 5.    Showing Value
      筛选:
      Detleff Böhmer
      2719
      Detleff Böhmer 2024.08.25 10:41 
       

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      Shahabeddin Baset
      10604
      来自开发人员的回复 Shahabeddin Baset 2024.08.25 23:13
      I'm happy to hear that. Thank you for your kindly and warm comment, my friend.
      回复评论
      版本 1.3 2024.03.03
      1. Options for sending mobile app notifications & on chart alerts have been added.
      2. New look for arrows.
      版本 1.2 2024.02.17
      1. Minor bugs in drawing SL lines fixed.
      2. Signals appearance moved to the open price of the next candle.
      版本 1.1 2024.02.14
      quality of signals improved