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OPEN-SOURCE SCRIPT
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DMI ADX TREND 2.0 (edit by GeertVD)

Edit of the popular script by TraderR0BERT

New features:
- horizontal colored areas, indication weak/medium/strong trend
- vertical bars, signaling trend/momentum changes
- DI+ vs DI- contraction/expansion histogram (to measure the DI volatility)
Notas de Lançamento
minor update
Notas de Lançamento
I changed the detection of a momentum change: momentum change now corresponds to the high of the MDI, provided it is above the user-specified threshold.
Notas de Lançamento
Added the option to overlay the VFI on the ADX graph.

Script de código aberto

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.

GeertVD
ADXAverage Directional Index (ADX)Directional Movement Index (DMI)DMIvfi

Aviso legal

As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.
ADXAverage Directional Index (ADX)Directional Movement Index (DMI)DMIvfi

Script de código aberto

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.

GeertVD

Aviso legal

As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.