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ADX Double Divergence Pro Indicator for Tradingview

ADX Double Divergence Pro Indicator for Tradingview
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Price: $80.00USD $50.00USD

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ADX Double Divergence Pro for TradingView

Capture high-probability momentum reversals and structural trend continuation setups using dual-swing ADX divergence analysis.

Executive Overview

ADX Double Divergence Pro is a high-precision momentum and market structure indicator engineered exclusively for TradingView (Pine Script® v6). Traditional Average Directional Index (ADX) tools evaluate momentum in isolation or rely on simple single-pivot comparisons. ADX Double Divergence Pro elevates trend analysis by applying a dual-pivot swing reference engine.
 
By systematically evaluating current ADX momentum against two historical swing points, the indicator filters out market noise and pinpoints high-conviction momentum exhaustion points and trend continuations directly on your price chart and subchart pane.


 

Core Features

  • Dual-Pivot Swing Engine Scans up to 1,000 bars back using an optimized manual swing search algorithm. It validates divergences across two distinct historical swing pivots rather than relying on single, isolated swing points.
  • Comprehensive Signal System
     
    • Regular Bullish Divergence: Identifies momentum building at price lows for early turnaround signals.
    • Regular Bearish Divergence: Detects momentum weakening at price highs to flag potential trend exhaustion.
    • Hidden Bullish Divergence: Highlights trend-continuation setups during pullbacks in an ongoing uptrend.
    • Hidden Bearish Divergence: Pinpoints trend-continuation opportunities during corrective rallies in a downtrend.
  • Multi-Range Divergence Profiling Customize your analysis using dynamic range bounds presets—ShortRange, MidRange, or LongRange—to adapt swing sensitivity for scalping, day trading, or swing trading.
  • Enhanced Geometry Filtering Activate Enhanced Mode to enforce strict price hierarchy rules between primary and secondary swing points, eliminating lower-quality setups.
  • Bar-Close Confirmation Engine Includes an optional Wait 1 Bar confirmation rule. Signals are validated only upon bar close to help prevent unconfirmed intraday entries.
  • Dual-Pane Visualization Plots setup trendlines and setup labels ("R" for Regular, "H" for Hidden) simultaneously on both the ADX subchart pane and directly over the Price Panel (positioned dynamically via ATR offsets).
  • Native TradingView Alerts Built-in support for TradingView alertcondition triggers, enabling real-time push notifications, email alerts, or Webhook automation for all four signal types.

Visual Signals & Subchart Outputs

The indicator renders clean visual elements across your trading view layout:
 
Element Location Description Default Style / Color
ADX Plot Subchart
Calculated Average Directional Index line.
Green Plot Line
Regular Bullish Signal Price & Subchart
Triggered on confirmed regular bullish setups.
Aqua Label "R" / Marker
Hidden Bullish Signal Price & Subchart
Triggered on confirmed hidden bullish setups.
Sky Blue Label "H" / Marker
Regular Bearish Signal Price & Subchart
Triggered on confirmed regular bearish setups.
Goldenrod Label "R" / Marker
Hidden Bearish Signal Price & Subchart
Triggered on confirmed hidden bearish setups.
Orange Red Label "H" / Marker
Divergence Lines Price & Subchart
Dynamic trendlines connecting primary & secondary swings.
Orange (Line 1) / Lime (Line 2)

Indicator Settings & Parameters

🎛️ Divergence & Logic Parameters

  • Divergence Bar Range (Default: ShortRange): Select between ShortRange, MidRange, or LongRange to calibrate the swing search window.
  • Divergence Lookback (Default: 5): The evaluation window for price and momentum extremes.
  • Filter Length (Default: 5): Smoothing period used for momentum comparison.
  • Swing Search Bars (Default: 500, Min: 50, Max: 1000): Maximum depth for historical swing point search.
  • Wait 1 Bar (Default: True): Requires candle closure confirmation before printing signals.
  • Enhanced Mode (Default: True): Filters out setups where secondary swing points fail structural hierarchy.
  • Signal Toggles: Separately enable/disable Regular Bullish, Hidden Bullish, Regular Bearish, and Hidden Bearish signals.

🎨 Visuals & Style Parameters

  • Show Divergence Lines (Default: True): Displays trendlines linking swing points across price and ADX subchart.
  • Show R/H Labels (Default: True): Plots character labels ("R" for Regular, "H" for Hidden) above or below candles and subchart points.
  • Only Show Last Same-Type Signal Within Bars (Default: 10): Prevents visual clutter by auto-cleaning redundant markers printed within a specified bar window.
  • Custom Color Palette: Customize colors for all four signal types, line connections, and line widths (1 to 5).

Compatibility & System Specs

  • Platform: TradingView Desktop, Web, and Mobile 
  • Asset Compatibility: Crypto, Forex, Stocks, Indices, Futures, and Commodities
  • Timeframes: Supports all timeframes (Seconds, Minutes, Hours, Daily, Weekly)

 Looking for the complete mathematical breakdown, step-by-step optimization guides, and advanced trading strategies? Explore our comprehensive documentation:



 

 

 

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