ADX and DI+ v4.5 Optimized

23 thg 1, 2022

This script plots VWMA(ADX) vs EMA(DI+) under pre-set time frame.

Feature:

The Main Strategy is to look for potential BUY opportunity (Intraday trading, Session trading, Swing) when EMA(DI+) colored blue, entering upward into Green zone where ADX counterpart (default colored: Yellow) is also present.
Formula plot is also helpful to understand upcoming downtrend signal when both blue and yellow lines try to make diverted bifurcation like pattern on graph.

Disclaimer- This is an indicator script and not final Buy and Sell advice.

* Originally developed by © BeikabuOyaji and further extended & optimized by Bharat imbharat to serve above features

23 thg 1, 2022

Phát hành các Ghi chú

Some minor format corrections.
Script is intact.