OPEN-SOURCE SCRIPT
DMI-Linear
This indicator based on DMI + a modified version of it and a modified version of linear regression
so best enter point is either when it cross mid-line of linear regression line or cross zero
1 hour chart
can enter when it bellow low line and lower part of linear channel
exit on opposite direction
you can modify this script and make it better no need for my approval
tesla
so best enter point is either when it cross mid-line of linear regression line or cross zero
1 hour chart
can enter when it bellow low line and lower part of linear channel
exit on opposite direction
you can modify this script and make it better no need for my approval
tesla
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.
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.