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I got the TS code, I think. Can someone convert it?
Input: Length(14),NoTrnd(20),Trend(30),Ref(20);
Plot1(ADX(length),"ADX");
If Plot1 < Ref Then
SetPlotColor(1, Yellow)
Else If Plot1 >= Ref and Plot1 < Trend Then
SetPlotColor(1, magenta)
Else If Plot1 >= Trend Then
SetPlotColor(1, green);
Plot2(Ref,"Ref");
Plot3(ADXR(Length), "ADXR");
{ADX Alert Criteria}
If MRO(Plot1 < Plot1[1], 3, 1)[1] > -1 AND Plot1 < Plot1[1] Then
Alert("ADX has just turned down")
Else
If MRO(Plot1 > Plot1[1], 3, 1)[1] > -1 AND Plot1 > Plot1[1] Then
Alert("ADX has just turned up");
Please try the attached file. Additionaly it changes colour RED/GREEN depending on the price direction. you can adjust the level of ADX value to be be coloured
Thanks licho but it should stay RED above the level adjusted. appreciate the effort
Last edited by newdigital; 07-10-2008 at 06:11 AM.
OK, try the attached file. The ADX keeps being RED all the time its value crosses the set level independing on the movment direction (THERE IS NO GREEN LINE). Please mind that as long as ADX line is above the set level there can be both falling or rising price movment. The direction you can determine watching +/-DI lines. Take care and good luck.
OK, try the attached file. The ADX keeps being RED all the time its value crosses the set level independing on the movment direction (THERE IS NO GREEN LINE). Please mind that as long as ADX line is above the set level there can be both falling or rising price movment. The direction you can determine watching +/-DI lines. Take care and good luck.
OK, try the attached file. The ADX keeps being RED all the time its value crosses the set level independing on the movment direction (THERE IS NO GREEN LINE). Please mind that as long as ADX line is above the set level there can be both falling or rising price movment. The direction you can determine watching +/-DI lines. Take care and good luck.
You curves don't look very juicy. And the +/-Di lines are not very useful at all. So I just modified your code. Here you go.
I'm using the stock adx indicator that comes with mt4. But was wondering if it was possible to change the adx numbers in top left corner to a better visual and easier to use as a reference. Don't need any decimal places after the number, just bolder and easier to glance at. and if the size could be adjustable that would be great. I have added a doctored picture of what i'm talking about
The adxturn indicator when shows a red bar always indicates a big move as shown in the picture. Is there a mq4 equivalent of this indicator. At present it is one of bernie mitchells fear and greed indicator for ninja trader.
Any suggestions would be greatly appreciated.
Last edited by traderandreas; 07-10-2008 at 03:37 AM.
Reason: wrong pic
I'm using a smoothed adx indicator and I also have a adx histogram indicator(But it's signal isn't smoothed) Can anybody take the adx histogram(mj_adxfilter_vbob) and match it's signals to the smoothed adx....Add the smoothing to it. Many Thanks if anybody can help me out
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