TraderR0BERT

DMI ADX TREND

Simple DMI with ADX Indicator.

- DMI+ line plot with circles, which helps to identify peaks/troughs in order to gauge price momentum
- DMI- line plot with circles, which helps to identify peaks/troughs in order to gauge price momentum

-ADX line plot with circles, with dynamic coloring, so that you can tell when a trend is increasing (green bars), or losing strength (red bars)

Alert Capabilities
DMI+ Crossover - when DMI+ crosses over a set threshold (default is 20) the alert will fire
DMI- Crossover - when DMI- corsses over a set threshold (sefault is 20) the alert will fire


To read more on the different uses for the DMI ADX indicator check out ADXcellence, a book written by Dr             . Charles Schaap. I'm in no way affiliated or compensated, but that is where a lot of the principles come from that shape today's use of this indicator.
Remove from Favorite Scripts Add to Favorite Scripts
Hello, is that possible to have alert when DI+ or DI- cross over ADX line instead of fixed threshold ?
Reply
Great indicator, however how do I activate the alert?
Reply
@Robbins2, take a look at the tradingview blog for help on how to create the alerts i've programmed into this script.
https://blog.tradingview.com/en/alerts-in-pine-1633/
Reply
English
English (UK)
English (IN)
Deutsch
Français
Español
Italiano
Polski
Türkçe
Русский
Português
Bahasa Indonesia
Bahasa Melayu
ภาษาไทย
Tiếng Việt
日本語
한국어
简体
台灣
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out