Scribd Logo
Upload

Welcome to Scribd!

  • DMI Ema

    Uploaded by

    김동건
    3 views1 page
    This document defines the Directional Movement Index (DMI) technical indicator to analyze trend strength and direction. It calculates the +DI, -DI and ADX values over user-specified periods, and also plots an EMA of the ADX for smoothing. The indicator returns the ADX value and plots the +DI, -DI and EMA(ADX) lines.

    Original Description:

    Original Title

    DMI ema

    Copyright

    © © All Rights Reserved

    Available Formats

    TXT, PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    Report this Document
    This document defines the Directional Movement Index (DMI) technical indicator to analyze trend strength and direction. It calculates the +DI, -DI and ADX values over user-specified periods, and also plots an EMA of the ADX for smoothing. The indicator returns the ADX value and plots the +DI, -DI and EMA(ADX) lines.

    Copyright:

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

    DMI Ema

    Uploaded by

    김동건
    This document defines the Directional Movement Index (DMI) technical indicator to analyze trend strength and direction. It calculates the +DI, -DI and ADX values over user-specified periods, and also plots an EMA of the ADX for smoothing. The indicator returns the ADX value and plots the +DI, -DI and EMA(ADX) lines.

    Copyright:

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

    //@version=5

    indicator(title="Directional Movement Index", shorttitle="DMI",


    format=format.price, precision=4, timeframe="", timeframe_gaps=true)
    lensig = input.int(14, title="ADX Smoothing", minval=1, maxval=50)
    len = input.int(14, minval=1, title="DI Length")
    up = ta.change(high)
    down = -ta.change(low)
    plusDM = na(up) ? na : (up > down and up > 0 ? up : 0)
    minusDM = na(down) ? na : (down > up and down > 0 ? down : 0)
    trur = ta.rma(ta.tr, len)
    plus = fixnan(100 * ta.rma(plusDM, len) / trur)
    minus = fixnan(100 * ta.rma(minusDM, len) / trur)
    sum = plus + minus
    adx = 100 * ta.rma(math.abs(plus - minus) / (sum == 0 ? 1 : sum), lensig)
    plot(adx, color=#F50057, title="ADX")
    plot(plus, color=#2962FF, title="+DI")
    plot(minus, color=#FF6D00, title="-DI")

    emalen = input.int(10,"EMA(ADX) length")


    plot(ta.ema(adx,emalen),"EMA(ADX)",color=color.green)

    You might also like