ADX DM Screener

• 04/02/2019 at 6:22 AM #95276
  MrMagic

  Good morning all. Can I get some help with setting up an ADX screener please?

  Criteria-

  ADX crosses +DM from below 20 for a bullish screener (with +DM already above -DM) and screener remains for 3 candles

  ADX crosses -DM from below 20 for a bearish screener (with -DM already above +DM) and screener remains for 3 candles

  Your help is much appreciated.

  Thank you.

  KR

  

  MrMagic

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  04/04/2019 at 8:11 AM #95454
  Nicolas

  That code should do the trick:

  iadx = ADX[14] plus = DIplus[14](close) minus = DIminus[14](close) c1 = summation[3](iadx crosses over plus and plus>minus)>0 c2 = summation[3](iadx crosses over minus and plus<minus)>0 screener[c1 or c2]

  1 2 3 4 5 6 7 8

  iadx = ADX[14] plus = DIplus[14](close) minus = DIminus[14](close)   c1 = summation[3](iadx crosses over plus and plus>minus)>0 c2 = summation[3](iadx crosses over minus and plus<minus)>0   screener[c1 or c2]

  (not tested, please test it and make feedback here).

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  MrMagic

  

  Nicolas

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  06/30/2020 at 10:47 PM #137831
  MrMagic

  Hey @Nicolas, I tested the above screener but it only shows instruments where the ADX is leaving the DMI instead of entering it. I’ve attached a photo of what I had suggested. So instead of screening for instruments where the ADX crosses from outside and stays between D+ and D- as shown in arrows (1) and (2), it shows (3), if I make sense. Thanks.

  

  MrMagic

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