OPEN-SOURCE SCRIPT
DMI-adx
Nothing special here
I just play with the formula of ADX and DMI that give this indicator which is combination of both
above zero =bullish
bellow zero =bearish
seems nice to spot trending
I just play with the formula of ADX and DMI that give this indicator which is combination of both
above zero =bullish
bellow zero =bearish
seems nice to spot trending
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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