OPEN-SOURCE SCRIPT
Updated Directional Movement Index VWAP.ver
DMI calculate on VWAP, instead of regular OHLC prices.
Release Notes
SMA is replaced by VWMA. So big moves reflect more prominently for the reason of its higher volume.
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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