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.
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