Delacour Index: Three Thumbs v1.0 — Indicator by maqpie

movingaverage trendanalysis delacourindex di delacour index threethumbs three thumbs

author: maqpie (a.ka. Sanne)
date: 26th of October 2017
NOTE: credits go to Brian from TRI 0.23% for the original code and for all that he has taught me. Thanks Brian!

How to use this DI Three Thumbs Script script?
1. The first thumb will be the lowest time frame and MUST be equal to or higher than the chart's time frame, e.g. 60
2. The second thumb will be of a higher time frame, e.g. 180
3. The third thumb will be of a even higher time frame, e.g. Daily
4. If all three thumbs signals are fired the background will change to green or red.

NOTE: if you use lower time frames than the chart the indicator is plotted on, you will use higher time frame data for a lower time frame indicator which corrupts the signaling

Invite-only script

Access to this script is restricted to users authorized by the author and usually requires payment. You can add it to your favorites, but you will only be able to use it after requesting permission and obtaining it from its author. Contact maqpie for more information, or follow the author's instructions below.

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