ADX Strategy (original) is an overlay indicator that identifies trend-following trade signals using the Average Directional Index (ADX) combined with a Simple Moving Average filter. A long signal is generated when the ADX rises above a user-defined trend level
Indicator · Pine Script v5 · On the chart
V5 Combination by YZZ
This indicator combines multiple technical tools into a single price chart overlay, designed to optimize space and indicator limits.
GitHub stars1on the repository
Pine versionv5runs as is
Lines of code1,458
Settings40inputs
LicenceNone stated
Last update9 months ago10 Jan 2026
Add It to Your TradingView Chart
- 1Copy the scriptPress Copy script above. It reads the file straight from GitHub.
- 2Open the Pine EditorOpen a TradingView chart and choose Pine Editor at the bottom of the screen.
- 3Paste over the templateCreate a new indicator, select all of the template text and paste. Press Save and give it a name.
- 4Add it to the chartPress Add to chart, then adjust the settings with the gear icon next to its name.
Source Code
The code stays on GitHub. The author has not published this script under an open licence, so ForexR does not show its code. Copy script reads the file straight from GitHub into your clipboard, so you can still try it on your own chart. Ask the author before reusing the code anywhere else.
Overview
V5 Combination by YZZ features an overlay MACD visualizer with selectable calculation methods (Traditional, AS Histogram, Leader, or Source), custom positioning, and smoothing options. Additional inputs control trend channels, ATR volatility scaling, and clustering parameters. It plots custom sub-graphs, shapes, and alerts directly on the main price chart. The indicator calculates visual elements over a user-defined lookback period on historical bars.
- Overlay MACD visualizer with customizable calculation methods
- Multiple MACD modes including Leader, Traditional, and AS Histogram
- On-chart visual layout with customizable position and lookback length
- Trend channel and ATR factor range settings
Details
Published by
webcrack4 on GitHub
Type
Indicator, Pine Script v5
Draws
On the price chart
Category
Trend, Oscillators & momentum, Moving averages, Volatility & bands
Markets
Any symbol
Timeframes
Any timeframe
Risk Notes
No repainting, lookahead or stacked entries were found in its code or README. That says nothing about how well it works: test it first.
Settings
The inputs you can change from the gear icon on the chart. Defaults are the author's.
| Setting | Type | Default | Variable |
|---|---|---|---|
| MACD Calculation Method | string | MACD-SOURCE | macdType |
| Fast Length | int | 12 | fast_length |
| Slow Length | int | 26 | slow_length |
| Source | source | close | source |
| Signal Smoothing | int | 9 | signal_length |
| Oscillator MA Type | string | EMA | sma_source |
| Signal Line MA Type | string | EMA | sma_signal |
| Display MACD/Signal Corsses | bool | false | macdSigCross |
| Highlight MACD/Signal Area | bool | true | highlight |
| Overlay Indicator Display Length | int | 200 | lookbackLength |
| Placement | string | Bottom | oscPlacement |
| Hight | int | 10 | Hight |
Show all 40 settings
| Setting | Type | Default | Variable |
|---|---|---|---|
| Vertical Indicator Position | int | 4 | verticalAdj |
| Trend Length | int | 10 | length |
| Set Targets | int | 0 | target |
| Trend Length | int | 100 | ftclength |
| Channel Width | float | 3 | multi |
| Index of future price | int | 5 | extend |
| Up | color | #16d897 | color_up |
| Dn | color | #da853f | color_dn |
| ATR Length | int | 10 | sslength |
| Factor Range | int | 1 | minMult |
| maxMult | int | 5 | maxMult |
| Step | float | .5 | step |
| Performance Memory | float | 10 | perfAlpha |
| From Cluster | string | Best | fromCluster |
| Maximum Iteration Steps | int | 1000 | maxIter |
| Historical Bars Calculation | int | 10000 | maxData |
| Trailing Stop | color | color.red | bearCss |
| bullCss | color | color.teal | bullCss |
| AMA | color | color.new(color.red, 50) | amaBearCss |
| amaBullCss | color | color.new(color.teal, 50) | amaBullCss |
| Candle Coloring | bool | true | showGradient |
| Show Signals | bool | true | showSignals |
| Show Dashboard | bool | true | showDash |
| Location | string | Top Right | dashLoc |
| Size | string | Small | textSize |
| Source | source | close | sourceInput |
| Use Long-Term Channel | bool | false | periodMode |
| Deviation Multiplier: | float | 2.0 | devMultiplier |
Third-party code. ForexR did not write, test or endorse this script, and the summary above was generated automatically from its code and README. Indicators describe the past, and a strategy's backtest can look better than live trading, especially when a script repaints. Check it in the Strategy Tester and on a demo account before you rely on it.
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