Hashem DMI/ADX

29 באוק׳ 2019

This indicator will time Breakouts.

DMI+ (DMI Plus) = Blue = Buying Pressure.
DMI- (DMI Minus) = Pink = Selling Pressure.
ADX = Overall strength of a Trend. White = Trend is strong and gaining momentum, Gray = Trend is Weakening.

Can apply same logic for Divergences on DMI+ and DMI- lines.

7 בנוב׳ 2019

הערות שחרור

Added shapes when DMI+ and DMI- crosses.

DMI+ cross Up to the DMI- => UpShape in Aqua
DMI- cross Up to the DMI+ => DownShape in Purple

4 בינו׳ 2020

הערות שחרור

Code tweaks.
More Shapes.
Styling Update.

2 בפבר׳ 2020

הערות שחרור

Code Tweaks. Styling Update.

24 ביולי 2020

הערות שחרור

Code Update.

USE WITH PURE BLACK BACKGROUND COLOR

8 באוק׳ 2021

הערות שחרור

Updated to v5 Pinescript.