OPEN-SOURCE SCRIPT
MTF DMI BAR
OVERVIEW
This indicator shows DMI (Directional Movement) is up or down, represented by a bar. This indicator is compatible with MTF.
CONCEPTS
What do you want to know about market analysis?
Do you want a hard analysis? You can look for it.
All I want to know is whether the commonly known technical analysis is 'UP' or 'DOWN'.
All I want to know is whether the current market price is going up or down. Not only for the current, but also for the monthly, weekly, and daily status.
I want to make a decision in a moment. Without even thinking about it.
That is why I created a color-coded bar indicator to show the status.
No need to frown anymore.
DETAILS
You need more information about DMI , click here.
tradingview.com?solution=43000502250
-DI < +DI ⇒ Bar is green.
-DI > +DI ⇒ Bar is red.
This indicator shows DMI (Directional Movement) is up or down, represented by a bar. This indicator is compatible with MTF.
CONCEPTS
What do you want to know about market analysis?
Do you want a hard analysis? You can look for it.
All I want to know is whether the commonly known technical analysis is 'UP' or 'DOWN'.
All I want to know is whether the current market price is going up or down. Not only for the current, but also for the monthly, weekly, and daily status.
I want to make a decision in a moment. Without even thinking about it.
That is why I created a color-coded bar indicator to show the status.
No need to frown anymore.
DETAILS
You need more information about DMI , click here.
tradingview.com?solution=43000502250
-DI < +DI ⇒ Bar is green.
-DI > +DI ⇒ Bar is red.
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.
TradingViewインジケーターを50個近く無料公開しています。
fxnav.net/tradingview/tv_indicators/
fxnav.net/tradingview/tv_indicators/
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.
TradingViewインジケーターを50個近く無料公開しています。
fxnav.net/tradingview/tv_indicators/
fxnav.net/tradingview/tv_indicators/
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.