OPEN-SOURCE SCRIPT
Directional Movement Oscillator
已更新
The Directional Movement Oscillator (DMO) is an adaption to the Directional Movement Index (DMI).
The difference is that DMO is one line, whereas DMI has 3 lines: +DI,-DI, and ADX.
The DMO line calculation: DMO = (+DI) - (-DI)
I excluded the ADX in DMO because its completely useless.
Try this indicator out, good luck ;)
-racer8
The difference is that DMO is one line, whereas DMI has 3 lines: +DI,-DI, and ADX.
The DMO line calculation: DMO = (+DI) - (-DI)
I excluded the ADX in DMO because its completely useless.
Try this indicator out, good luck ;)
-racer8
發布通知
This DMO has a zero line發布通知
rma-based instead of sma based now.發布通知
Minor Changes發布通知
Changed name of "length" and updated pic發布通知
New update guys: updated the oscillator by adding a second line, the ma line (Red). How to interpret signals:
yellow above red = uptrend
yellow below red = downtrend
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a發布通知
>>>DMO now has 2 colors!
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