TradingView
ippp0031
26 Th04 2019 17:25

ADX and DI advanced 

Bitcoin / US Dollar Perpetual Inverse Swap ContractBitMEX

Mô tả

This is a special ADX and DI which includes the following additional functions:

cr1- allows you to set alerts based on if DI+ and DI- crossover each other leading to a new trend

cr2- shows a constant background highlight of a trend.

ADX threshold- you can set a threshold value so that any readings below that are ignored and the indicator paints a blank black area instead.


cr3 and cr4 are experimental- would not reccommend using yet (they were part of a test I did)

For a detailed video on how I use this indicator please go here

https://youtu.be/Mwc_poTs-fA

The article version was published here originally

http://bitcointradingtoday.com/2019/04/26/trading-view-tutorial-using-adx-di-identify-peaks-reversals/
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Prle99
Hi, very impressive. Since i have no knowledge of programing i was wondering if would be possible to add columns that would indicate the difference of values of Di+ and DI- ?
Like after they cross and if difference in value is grater than +10 or -10? This would give more precise indicator if its just a consolidation or trend is starting.
Im totally new to trading but it looks to me that you tried to achieve something similar with Cr3 and 4 . If you do not mind what would be script line to add to default DMi to have this result.

Appreciate any response.

Thank you
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