OPEN-SOURCE SCRIPT

Smoothed Directional Movement Index

2 123
This indicator is a variation of the default DMI indicator, the main difference being that the signals are smoothed by SMAs.

It also has additional bullish (green) and bearish (red) background coloring which would be noisy on a standard DMI indicator.
If both lines converge it is bullish, otherwise bearish.

Increase / decrease the threshold should you want more conservative / optimistic background coloring.

Exención de responsabilidad

La información y las publicaciones no constituyen, ni deben considerarse como asesoramiento o recomendaciones financieras, de inversión, de trading o de otro tipo proporcionadas o respaldadas por TradingView. Más información en Condiciones de uso.