Very Early version of a new script I am working on. Currently setup for one hour but I want it to work well on multiple time frames. Options for ADX aren't working atm. Wanting to add take profits and stop losses in the future, as well as the ability for the script to check multiple time frames so it knows to hodl or dump. Please let me know if you run into any issues.
Directional movement indicator for assessing price direction and strength. DMI tells you when to be long or short, differentiating between strong &weak trends. DMI works on all time frames and applicable to any asset. DMI is a moving average of range expansion over an input period. The positive directional movement indicator ( +DMI ) measures how strongly price...
Directional movement indicator for assessing price direction and strength. DMI tells you when to be long or short, differentiating between strong &weak trends. DMI works on all time frames and applicable to any asset. DMI is a moving average of range expansion over an input period. The positive directional movement indicator ( +DMI ) measures how strongly price...
The Directional Movement Index indicator, or DMI, is a trend trading indicator developed by Welles Wilder, which also invented one of the most popular overbought and oversold indicator " RSI indicator". DMI is based on a scale from 0 to 100 that identifies the price direction and the strength of the trend. The DMI indicator is composed of three lines: ADX, which...
long = ema fast > ema slow, dmi+ > dmi- , dmi+ > 20, adx > 20 short = opposite of the first 3 Cheers!
A strategy based on ichimoku and dmi optimized for crypto trading long tenkan/kijun chikou > close dmi+/dmi- dmi > thold adx > thold short opposite of first 3 dmi- > thold you should enable short trading from the settings if you wish to see it Cheers!
I'm still optimizing the script. If you want to try it as it is pm me
A strategy based on ichimoku and dmi optimized for crypto trading Signals created with tenkan/kijun chikou > close dmi+/dmi- dmi > thold adx > thold sell tenkan/kijun chikou<close dmi+/dmi- I'm still optimizing the script. If you want to use it as it is pm me. Cheers