ADX DINGUE v5 — Indicator by CryptoDINGUE

directionalmovement averagedirectionalindex dmi adx adxdmi adxdi

This is the updated script for PinceScrip V5

3x DMI and ADX indicator into 1.

You can turn on and off all 3x DMI and all 3x ADX and or customize their settings manually.

I also added my 3 line system, which is a homemade calculation from the DMI lines (P+N), and instead turns them into a single line.

There are also several options for histogram, ADX line, crosses, colors, overextended ...

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In closing, no indicator can give perfect signals, you need to use them in conjunction with other information to make better decisions.
I hope you like my indicators and that they help your trading.

If you have any questions please ask.

Thank you.

Release Notes:

Added new lengths for 1 minute, 5-minute, 15-minute time frames when using the auto-settings.

Release Notes:

Some adjustments to the previous modifications.

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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

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.

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