OPEN-SOURCE SCRIPT
تم تحديثه

Directional Movement Oscillator

The Directional Movement Oscillator (DMO) is an adaption to the Directional Movement Index (DMI).
The difference is that DMO is one line, whereas DMI has 3 lines: +DI,-DI, and ADX.
The DMO line calculation: DMO = (+DI) - (-DI)
I excluded the ADX in DMO because its completely useless.
Try this indicator out, good luck ;)

-racer8
ملاحظات الأخبار
This DMO has a zero line
ملاحظات الأخبار
rma-based instead of sma based now.
ملاحظات الأخبار
Minor Changes
ملاحظات الأخبار
Changed name of "length" and updated pic
ملاحظات الأخبار
New update guys: updated the oscillator by adding a second line, the ma line (Red).
How to interpret signals:
yellow above red = uptrend
yellow below red = downtrend
ملاحظات الأخبار
a
ملاحظات الأخبار
>>>
DMO now has 2 colors!

إخلاء المسؤولية