OPEN-SOURCE SCRIPT
ADX + DMI (Manual / Wilder) — Mehmet
This script provides a customizable ADX + DMI indicator based on both Manual and Wilder’s calculation methods.
It helps traders measure trend strength and direction with greater flexibility.
Features:
- Adjustable ADX smoothing method (Manual or Wilder)
- +DI and -DI line visualization
- Clear trend strength signals
- Works across all timeframes
Useful for identifying when a trend is strong enough to follow or weak enough to avoid.
It helps traders measure trend strength and direction with greater flexibility.
Features:
- Adjustable ADX smoothing method (Manual or Wilder)
- +DI and -DI line visualization
- Clear trend strength signals
- Works across all timeframes
Useful for identifying when a trend is strong enough to follow or weak enough to avoid.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.