OPEN-SOURCE SCRIPT
[WJ] - ADX v2 [DMI, Alerts, Histogram, Customizable]

A handy all-in-one package for DMI and ADX
Color-coordinated line for DMI with an EMA and histogram to gauge momentum, mark potential reversals, and quickly gather all the information you need to make your decisions.
Quick take-aways:
- Color of the ADX line indicates the current trend
- An ADX below the EMA indicates a potentially falling/reversing trend
- Customizable line w/ alerts for ADX crossovers
- Histogram to help catch potential reversals faster, and to gauge the momentum
Please let me know what you think, and in any features you think would increase the effectiveness of this amazing tool.
Color-coordinated line for DMI with an EMA and histogram to gauge momentum, mark potential reversals, and quickly gather all the information you need to make your decisions.
Quick take-aways:
- Color of the ADX line indicates the current trend
- An ADX below the EMA indicates a potentially falling/reversing trend
- Customizable line w/ alerts for ADX crossovers
- Histogram to help catch potential reversals faster, and to gauge the momentum
Please let me know what you think, and in any features you think would increase the effectiveness of this amazing tool.
نص برمجي مفتوح المصدر
بروح TradingView الحقيقية، قام مبتكر هذا النص البرمجي بجعله مفتوح المصدر، بحيث يمكن للمتداولين مراجعة وظائفه والتحقق منها. شكرا للمؤلف! بينما يمكنك استخدامه مجانًا، تذكر أن إعادة نشر الكود يخضع لقواعد الموقع الخاصة بنا.
إخلاء المسؤولية
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.
نص برمجي مفتوح المصدر
بروح TradingView الحقيقية، قام مبتكر هذا النص البرمجي بجعله مفتوح المصدر، بحيث يمكن للمتداولين مراجعة وظائفه والتحقق منها. شكرا للمؤلف! بينما يمكنك استخدامه مجانًا، تذكر أن إعادة نشر الكود يخضع لقواعد الموقع الخاصة بنا.
إخلاء المسؤولية
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.