OPEN-SOURCE SCRIPT
Directional Movement Index

Directional Movement Index with an adjustable bar
It is simply a DMI indicator with an adjustable bar to be able to mark a single personalized one to see if the volatility goes above a defined point to be able to start having an interest in a trade
It is simply a DMI indicator with an adjustable bar to be able to mark a single personalized one to see if the volatility goes above a defined point to be able to start having an interest in a trade
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.
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.