OPEN-SOURCE SCRIPT
Updated Cunupia Capital DMI Oscillator
Oscillator for DMI, it allows you to see the difference in percentage with the different DMI lines, positive and negative and it's strength.
Release Notes
Added the ADX into the indicator directly, along side a top and bottom value to give better entry and exit signalsRelease Notes
Added colors to the lines to determine which DMI is above, positive or negativeRelease Notes
Added alert functionality for the CCO lines being positive and negative, as well as the ADX. Named the plot lines
Release Notes
Updated for an easier nameOpen-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.