MarcoValente

DI histo + adx

499 4 70
This is a DI + , DI - with ADX , but instead of plot the 2 lines of Directional moviment ( + and -), we have a histogram of the difference between DI+ and DI-. As zero line I used value of 25, so can plot the ADX too
Remove from Favorite Scripts Add to Favorite Scripts
study("DI histo + adx",overlay=false,scale=scale.left)
len = input(title="Length", type=integer, defval=14)
th = input(title="threshold", type=integer, defval=25)

TrueRange = max(max(high-low, abs(high-nz(close[1]))), abs(low-nz(close[1])))
DirectionalMovementPlus = high-nz(high[1]) > nz(low[1])-low ? max(high-nz(high[1]), 0): 0
DirectionalMovementMinus = nz(low[1])-low > high-nz(high[1]) ? max(nz(low[1])-low, 0): 0


SmoothedTrueRange = nz(SmoothedTrueRange[1]) - (nz(SmoothedTrueRange[1])/len) + TrueRange
SmoothedDirectionalMovementPlus = nz(SmoothedDirectionalMovementPlus[1]) - (nz(SmoothedDirectionalMovementPlus[1])/len) + DirectionalMovementPlus
SmoothedDirectionalMovementMinus = nz(SmoothedDirectionalMovementMinus[1]) - (nz(SmoothedDirectionalMovementMinus[1])/len) + DirectionalMovementMinus

DIPlus = SmoothedDirectionalMovementPlus / SmoothedTrueRange * 100
DIMinus = SmoothedDirectionalMovementMinus / SmoothedTrueRange * 100
DX = abs(DIPlus-DIMinus) / (DIPlus+DIMinus)*100
ADX = sma(DX, len)
ve=DIPlus>(DIMinus+(DIPlus*10)/100)
ro=DIMinus>(DIPlus+(DIMinus*10)/100) and ADX>11 and ADX<=25
xve= DIPlus>(DIMinus+(DIPlus*10)/100) and ADX>22
xro=DIMinus>(DIPlus+(DIMinus*10)/100) and ADX>22
fl=DIPlus-DIMinus<abs(10) and ADX<15

di=25+(DIPlus-DIMinus)
//vam=sma(1.2*(ADX-ADX[len]),3)+25
//vad=(vam+2*vam[1]+2*vam[2]+vam[3])/6

cy=di>=25?lime:red
//plot(DIPlus, color=lime,linewidth=2, title="DI+")
//plot(DIMinus, color=red, linewidth=2,title="DI-")
plot(ADX, color=orange,linewidth=1,transp=0, title="ADX")
//plot(vam,title="velocita",linewidth=1,transp=50,color=lime)
plot(di,style=histogram,linewidth=4,color=cy,transp=50,histbase=25,title="DI")
hline(th, color=gray)
What do you think the price range for next week will be?
Reply
sorry i meant this weeks sessions
Reply
45.5 - 43 but depend also of the api report and stockage rep
Reply
Can you please prepare it without adx and add ema of di difference to it.
Reply
United States
United Kingdom
India
España
France
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
日本
한국
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Account and Billing Sign Out