DMI ADX TREND 2.0 (edit by GeertVD)
Edit of the popular script by @TraderR0BERT
New features:
- horizontal colored areas, indication weak/medium/strong trend
- vertical bars, signaling trend/momentum changes
- DI+ vs DI- contraction/expansion histogram (to measure the DI volatility)
New features:
- horizontal colored areas, indication weak/medium/strong trend
- vertical bars, signaling trend/momentum changes
- DI+ vs DI- contraction/expansion histogram (to measure the DI volatility)
Notas de prensa:
minor update
Notas de prensa:
I changed the detection of a momentum change: momentum change now corresponds to the high of the MDI, provided it is above the user-specified threshold.
Notas de prensa:
Added the option to overlay the VFI on the ADX graph.