PROTECTED SOURCE SCRIPT
[blackcat]L3 Blackcat DMI
Level 3
Background
Here ia a noval Directional Movement Index (DMI) which I uses customized functions to eliminate noise.
Function
This Directional Movement Index (DMI) helps determine whether a security is trending and attempts to measure the strength of the trend. The DMI ignores the direction of security. It's just trying to determine if there is a trend and if that trend is strong.
Bull--> White
Bear--> Yellow
ADX --> Orange
ADXR --> Aqua
Remarks
Closed Source
Feedbacks are appreciated.
Background
Here ia a noval Directional Movement Index (DMI) which I uses customized functions to eliminate noise.
Function
This Directional Movement Index (DMI) helps determine whether a security is trending and attempts to measure the strength of the trend. The DMI ignores the direction of security. It's just trying to determine if there is a trend and if that trend is strong.
Bull--> White
Bear--> Yellow
ADX --> Orange
ADXR --> Aqua
Remarks
Closed Source
Feedbacks are appreciated.
Protected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
Avoid losing contact！Don't miss out! The first and most important thing to do is to join my Discord chat now! Click here to start your adventure: discord.com/invite/ZTGpQJq 防止失联，请立即行动，加入本猫聊天群: discord.com/invite/ZTGpQJq
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.
Protected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
Avoid losing contact！Don't miss out! The first and most important thing to do is to join my Discord chat now! Click here to start your adventure: discord.com/invite/ZTGpQJq 防止失联，请立即行动，加入本猫聊天群: discord.com/invite/ZTGpQJq
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.