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E-Nifty

StableF-Adx

E-Nifty  
Oscillators Trend Analysis ADX DMI dmistochastic trendstrength
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oscillator trendanalysis adx dmi dmistochastic trendstrength
The script is ADX-DMI modified verison
-Adx is labeled as Weak trend Below 25 and strong Trend above 25
-Hline is drawn at 25 for better clarification of crossover above 25
-Wait for crossover in +dmi and -dmi and to cross above 25 for any trend clarifcation
-crossover i.e upside cross of +dmi over -dmi is shown buy UP shape
-crossunder i.e downside cross of +dmi over -dmi is Shown buy DN shape

--disclaimer --This is just modified version of Bulit in ADX_DMI indicatior \ NOT advised for buy / Sell purpose
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 a publication is governed by House Rules. You can favorite it to use it on a chart.

Disclaimer

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