OPEN-SOURCE SCRIPT
Directional Movement Index color alert
This script is changed from the classic DMI.
I add 4 colors and setup two alerts as well.
- +DI cross up -DI is a long signal
- +DI cross down -DI is a short signal
- ADX keeps increasing means strong trend
- ADX keeps decreasing means swing
I add 4 colors and setup two alerts as well.
- +DI cross up -DI is a long signal
- +DI cross down -DI is a short signal
- ADX keeps increasing means strong trend
- ADX keeps decreasing means swing
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
For quick access on a chart, add this script to your favorites — learn more here.
遁一子交易入道 jesselau.com/
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.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
For quick access on a chart, add this script to your favorites — learn more here.
遁一子交易入道 jesselau.com/
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.