OPEN-SOURCE SCRIPT
CR.DI-X - Momentum based Trend Indicator for Heikin-Ashi Charts
Momentum-Based Trend Indicator for Heiken-Ashi Charts
The CR.DI-X - Momentum-Based Trend Indicator is designed to identify and confirm trend reversals and movements with remarkable precision, especially when applied to Heiken-Ashi candles. By leveraging the crossover of DI+ and DI-, this indicator provides highly responsive buy and sell signals, ensuring traders can capitalize on trends early and exit positions effectively during reversals.
What makes this tool exceptionally powerful is its speed and reliability. It detects trend shifts and reversals at an extremely early stage, giving users a significant edge in volatile markets. When paired with the CR.Vosc - Volume-Based Trend Reversal Indicator, traders gain not only insights into potential trend reversals but also a clear understanding of the strength and magnitude of movements. This combination allows for early anticipation of market moves, empowering traders to ride trends with confidence and precision.
Whether you’re seeking to identify entry and exit points, capture full trend cycles, or assess the strength of movements, the CR.DI-X Indicator delivers accurate and actionable insights to optimize your trading strategy.
The CR.DI-X - Momentum-Based Trend Indicator is designed to identify and confirm trend reversals and movements with remarkable precision, especially when applied to Heiken-Ashi candles. By leveraging the crossover of DI+ and DI-, this indicator provides highly responsive buy and sell signals, ensuring traders can capitalize on trends early and exit positions effectively during reversals.
What makes this tool exceptionally powerful is its speed and reliability. It detects trend shifts and reversals at an extremely early stage, giving users a significant edge in volatile markets. When paired with the CR.Vosc - Volume-Based Trend Reversal Indicator, traders gain not only insights into potential trend reversals but also a clear understanding of the strength and magnitude of movements. This combination allows for early anticipation of market moves, empowering traders to ride trends with confidence and precision.
Whether you’re seeking to identify entry and exit points, capture full trend cycles, or assess the strength of movements, the CR.DI-X Indicator delivers accurate and actionable insights to optimize your trading strategy.
Open-source script
In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in publication is governed by House rules. You can favorite it to use it on a chart.
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