Jesse.Lau

Directional Movement Index color alert

This script is changed from the classic DMI.

I add 4 colors and setup two alerts as well.

- +DI cross up -DI is a long signal
- +DI cross down -DI is a short signal
- ADX keeps increasing means strong trend
- ADX keeps decreasing means swing
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.

Want to use this script on a chart?
本是疏散人,偶做名利客。
坐看庭前云卷舒,定心观天阔。
大志为逍遥,勿论对与错。
待到乾坤遍历时,笑对丘山卧。
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欢迎访问遁一博客空间 https://jesselau.com/

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