So I Came Across Another Trading System for Only $997. However, if you purchased in the next 24hours the whole system could be Yours For Only $497.
So I decided to Code it. This is only Version 1, and I discuss in the Video What I’ve found so for, some plans for Version 2 of the indicator, and I ask for your feedback on anything you find.
Indicators used in System:
CM_DI_Plus_Minus_V1 (Indicator On Bottom).
CM_ADX_V1 (Indicator On 2nd Pane).
CM_Gann_Swing_Hi_Lo (Indicator on Price Pane). This Indicator was published before…Link Below.
In Video I go over settings and how to customize charts.
Link To Video:
Link To Downloadable PDF Shown in Video:
//Created by ChrisMoody on 11-18-2014 //Designed to Go with ADX Trading System. study(title="CM_DI_Plus_Minus_V1", shorttitle="CM_DI_Plus_Minus_V1") len = input(14, minval=1, title="DI Length") lensig = input(14, title="ADX Smoothing", minval=1, maxval=50) sbh = input(true, title="Show BackGround Highlight") up = change(high) down = -change(low) trur = rma(tr, len) plus = fixnan(100 * rma(up > down and up > 0 ? up : 0, len) / trur) minus = fixnan(100 * rma(down > up and down > 0 ? down : 0, len) / trur) sum = plus + minus adx = 100 * rma(abs(plus - minus) / (sum == 0 ? 1 : sum), lensig) bgcolor(sbh and plus > minus ? lime : sbh and plus < minus ? red : na, transp=70) plot(plus, color=lime, title="+DI", style=line, linewidth=3) plot(minus, color=red, title="-DI", style=line, linewidth=3)