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INVITE-ONLY SCRIPT
Updated

GENIAL DAX indicator

1 105
This trend indicator highlights the price movement through the support and resistance levels, together the calculation of an anchored line that confirms the rupture or bounce of price on those. For calculation is used the combination of simple moving averages for EURUSD, DXY and the correlation with DAX price in real time.

The indicator draws support, resistance and a black line that indicates the correlation calculation.

Good entries could be taken when price breaks or bounce on support or resistance level, and this movement is confirmed by the anchored line.


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Release Notes
Distance values updated.

Invite-only script

Only users authorized by the author have access to this script, and this usually requires payment. You can add the script to your favorites, but you will only be able to use it after requesting permission and obtaining it from its author — learn more here. For more details, follow the author's instructions below or contact geniali directly.

TradingView does NOT recommend paying for or using a script unless you fully trust its author and understand how it works. You may also find free, open-source alternatives in our community scripts.

Author's instructions

Please contact me for access to use this script.

Warning: please read our guide for invite-only scripts before requesting access.

geniali
DAX IndexDAX-30dax30daxanalysisdaxlongdaxshortdaxtraderGERMANY 30Trend Analysis

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.
DAX IndexDAX-30dax30daxanalysisdaxlongdaxshortdaxtraderGERMANY 30Trend Analysis

Invite-only script

Only users authorized by the author have access to this script, and this usually requires payment. You can add the script to your favorites, but you will only be able to use it after requesting permission and obtaining it from its author — learn more here. For more details, follow the author's instructions below or contact geniali directly.

TradingView does NOT recommend paying for or using a script unless you fully trust its author and understand how it works. You may also find free, open-source alternatives in our community scripts.

Author's instructions

Please contact me for access to use this script.

Warning: please read our guide for invite-only scripts before requesting access.

geniali

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.