OPEN-SOURCE SCRIPT
已更新 Directional Movement Oscillator
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
發行說明
This DMO has a zero line發行說明
rma-based instead of sma based now.發行說明
Minor Changes發行說明
Changed name of "length" and updated pic發行說明
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
發行說明
a發行說明
>>>DMO now has 2 colors!
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