OPEN-SOURCE SCRIPT

stoch rsi dmi plus

So in this indicator I put the improved DMI together with stoch rsi

the area in light blue are buy zone by the improved DMI
the area in light red are potential sell zone by the improved DMI

the green columns are stoch rsi crossing up

the red columns are stoch rsi crossing down




Directional Movement Index (DMI)Stochastic RSI (STOCH RSI)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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