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  • DMI Personalizado

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    eipox
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    This document defines an indicator study that calculates and plots the Average Directional Index (ADX) along with the positive and negative directional indicators (DI+ and DI-) from price data. It takes the ADX length, DI length, and ADX entry level as inputs. Lines are plotted for the ADX, DI+, DI- values and circles are plotted when DI+ crosses below DI- to identify trend changes, coloring the background red or green accordingly.

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    DMI es un indicador tecnico para el AT

    Original Title

    DMI personalizado

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    This document defines an indicator study that calculates and plots the Average Directional Index (ADX) along with the positive and negative directional indicators (DI+ and DI-) from price data. It takes the ADX length, DI length, and ADX entry level as inputs. Lines are plotted for the ADX, DI+, DI- values and circles are plotted when DI+ crosses below DI- to identify trend changes, coloring the background red or green accordingly.

    Copyright:

    © All Rights Reserved
    Download as TXT, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    47 views1 page

    DMI Personalizado

    Uploaded by

    eipox
    This document defines an indicator study that calculates and plots the Average Directional Index (ADX) along with the positive and negative directional indicators (DI+ and DI-) from price data. It takes the ADX length, DI length, and ADX entry level as inputs. Lines are plotted for the ADX, DI+, DI- values and circles are plotted when DI+ crosses below DI- to identify trend changes, coloring the background red or green accordingly.

    Copyright:

    © All Rights Reserved
    Download as TXT, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 1

    //@version=4

    study("ADX cross DM+ DM- Indicator")

    adxlen = input(9, title="ADX Smoothing")


    dilen = input(14, title="DI Length")
    ADX_Entry = input(25, title="ADX Entry")

    //ADX
    dirmov(len) =>
    up = change(high)
    down = -change(low)
    truerange = rma(tr, len)
    plus = fixnan(100 * rma(up > down and up > 0 ? up : 0, len) / truerange)
    minus = fixnan(100 * rma(down > up and down > 0 ? down : 0, len) / truerange)
    [plus, minus]

    adx(dilen, adxlen) =>


    [plus, minus] = dirmov(dilen)
    sum = plus + minus
    adx = 100 * rma(abs(plus - minus) / (sum == 0 ? 1 : sum), adxlen)
    [adx, plus, minus]

    [sig, up, down] = adx(dilen, adxlen)

    plot(ADX_Entry, color=color.white, linewidth=3)


    plot(sig, color=color.black, linewidth=4)
    plot(up, color=color.green, linewidth=2)
    plot(down, color=color.red, linewidth=2)

    plot(cross(up,down) ? down : na, color= (down-up > 0 ? color.red : color.lime),


    style=plot.style_circles, linewidth=4)
    bgcolor(down-up > 0 ? color.red : color.lime, transp=60)

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