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SparkyFlary
4 אוק׳ 2020 10:23

Support and Resistance levels - DMI - DI trailing stop lines 

E-mini S&P 500 FuturesCME

תיאור

This can be used to compliment the Directional Movement Index if used as a standalone trading system. In addition to using the ADX and DI lines, a trailing stop can be used when the DI lines cross. If the plus line is above to show a buy signal, then the low of the price of when which the cross took place is used as a trailing stop. If the minus line is above to show a sell signal, then the high of the price of when which the cross took place is used as a trailing stop. This helps cut losses sooner whenever the price would end up going through these trailing stops or support/resistance levels yet the DMI system would show an upward or downward move.
תגובות
Sohel199
Hi, simple & nice indicator . could u please convert it into version 5 , i have tried a lot but just seen script error, thanks.
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