ADX and Stochastic Entry Signals (Oscillator)

11 godzin temu

### 🎯 What Does This Indicator Identify?

**Long Entry (BUY):**
A long signal is triggered when the **ADX** shows a strong trend above the set threshold, and the **Stochastic** crosses up from the **Oversold** level (below 20).

**Short Entry (SELL):**
A short signal is triggered when the **ADX** shows a strong trend above the set threshold, and the **Stochastic** crosses down from the **Overbought** level (above 80).

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### 📈 What Makes This Indicator Special?

✅ **Smart Trend Filter:**
The **ADX** ensures that trades are only entered when the trend is strong, preventing false entries in sideways markets.

✅ **Clear Signals on the Chart:**
The indicator plots **green arrows** for long entries and **red arrows** for short entries directly on the chart, along with **colored circles** marking the exact entry points.

✅ **Clearly Defined ADX Levels:**
Includes horizontal lines for **ADX levels of 20, 25, and 30**, helping traders identify trend strength more easily.

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### 🧩 Who Is This Indicator For?

🔹 **Day Traders**
🔹 **Swing Traders**
🔹 **Traders Looking for Strong Trends**

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### 🖱️ How to Use It?

1. **Set your desired timeframe** on the chart (e.g., 15 minutes, 1 hour, or daily).
2. **Look for green and red arrows** on the chart to identify potential entry points.
3. **Use the ADX levels** to confirm that the trend is strong enough before entering a trade.

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### 🚀 Key Benefits:

- **Reduces trades in non-trending markets.**
- **Helps enter trades only when market conditions are favorable.**
- **Provides clear and simple visual signals for better decision-making.**

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### 🤝 Join the Community:

💬 **If you find this indicator helpful, please leave a comment and share your thoughts!**
📊 **Follow me for more trading ideas and indicators on TradingView.**

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### 🔑 Keywords for Your Post:
#ADX #Stochastic #TradingIndicator #EntrySignals #TechnicalAnalysis #DayTrading #SwingTrading #TradingView