ADX, DMI Signal

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ADX, DMI Signal

Postby Apprentice » Fri Apr 30, 2010 2:55 am

ADX DMI Signal.png
ADX, DMI Signal


In addition to DMI signal, allows filtering by using the ADX indicator.

Buy
DMI+ > DMI -
Sell
DMI+ < DMI -


ADX DMI Signal.lua
ADX, DMI Signal
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ADX, DMI Signal
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Re: ADX, DMI Signal

Postby elmcceen » Fri Apr 30, 2010 4:19 am

There would be a more quality signal if the adx line is in the same range like the cross off the dmi lines!

example: dmi line cross at 21and the adx is in in that range (20-22) the signal by the dmi cross would be very strong!

Is it possible to prepare that signal with this ????
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Re: ADX, DMI Signal

Postby Apprentice » Fri Apr 30, 2010 8:48 am

Something like this?

I made this promptly, the algorithm is not one hundred percent correct.

Auto ADX DMI Signal.lua
Auto ADX, DMI Signal
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Re: ADX, DMI Signal

Postby DS0167 » Mon Sep 06, 2010 5:23 pm

Usually even if ADX is above 20, when DMI+ and DMI- cross under 17, the signal is weak.

The ideal would be to add a DMI cross level option and so the signal will be generate with, for instance: ADX above 20 with a DMI cross above 17.

The cherry on the cake :lol: would be to have the SAR option in this signal (when DMI cross above 17 with and ADX above 20 with SAR confirmation)...

I hope you can do that when you have a moment? :roll:

Many thanks in advance.

Kind regards,
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Re: ADX, DMI Signal

Postby Apprentice » Tue Sep 07, 2010 8:40 am

Added to developmental cue.
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Re: ADX, DMI Signal

Postby DS0167 » Tue Sep 07, 2010 2:16 pm

I am impatient to see it working ;)
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Re: ADX, DMI Signal

Postby Apprentice » Wed Sep 08, 2010 4:29 am

ADX DMI SAR Signal.png

Something like this.
ADX DMI SAR Signal.lua
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Re: ADX, DMI Signal

Postby DS0167 » Wed Sep 08, 2010 9:42 am

This is absolutely perfect! :) (very few "normal" false signals !)

Thank you so much for this very good job.

Kind regards,
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Re: ADX, DMI Signal

Postby DS0167 » Wed Sep 08, 2010 9:50 am

Just one thing (problem) with the DMI level...

It is the cross of DMI+ and DMI- that should generate the signal not the DMI+ above 17 or DMI- above 17. It is really the cross of both...

?

Thanks in advance to let me know if it is possible.

Kind regards
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Re: ADX, DMI Signal

Postby Apprentice » Wed Sep 08, 2010 10:41 am

Both. To get a signal must be satisfied both conditions.
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