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DMI + ADX + Key Level NACHOMIXCRYPTO
The DMI + ADX + Key Level NACHOMIXCRYPTO indicator is a technical analysis tool that combines the Directional Movement Index (DMI) and the Average Directional Index (ADX) to assess trend strength and direction. It also includes customizable key levels for better visualization.
Components:
ADX (Average Directional Index):
Measures the strength of a trend, regardless of its direction.
Values below 25 indicate a weak trend or range-bound market.
Values between 25-50 suggest a strong trend.
Values between 50-75 indicate a very strong trend.
Values above 75 represent an extremely strong trend.
+DI (Positive Directional Indicator) and -DI (Negative Directional Indicator):
+DI indicates bullish strength, shown in green.
-DI indicates bearish strength, shown in red.
The comparison between these two lines helps determine the market direction.
Features:
Trend Detection:
When +DI is above -DI and ADX is above the key level, it signals a bullish trend.
When -DI is above +DI and ADX is above the key level, it signals a bearish trend.
Key Level Line:
A customizable horizontal line that marks the threshold for trend strength.
Trend Background Color:
Green for strong uptrends and red for strong downtrends.
Signal Arrows:
A green upward triangle is plotted when a new bullish trend starts.
A red downward triangle is plotted when a new bearish trend starts.
Trend Strength Labels:
The indicator displays the current market strength classification and whether the trend is bullish, bearish, or neutral.
Strength Analysis Table:
Provides insights on whether the market has bullish, bearish, mixed strength, or no strength at all.
This indicator is particularly useful for traders looking to identify strong trends and catch early trend reversals.
Components:
ADX (Average Directional Index):
Measures the strength of a trend, regardless of its direction.
Values below 25 indicate a weak trend or range-bound market.
Values between 25-50 suggest a strong trend.
Values between 50-75 indicate a very strong trend.
Values above 75 represent an extremely strong trend.
+DI (Positive Directional Indicator) and -DI (Negative Directional Indicator):
+DI indicates bullish strength, shown in green.
-DI indicates bearish strength, shown in red.
The comparison between these two lines helps determine the market direction.
Features:
Trend Detection:
When +DI is above -DI and ADX is above the key level, it signals a bullish trend.
When -DI is above +DI and ADX is above the key level, it signals a bearish trend.
Key Level Line:
A customizable horizontal line that marks the threshold for trend strength.
Trend Background Color:
Green for strong uptrends and red for strong downtrends.
Signal Arrows:
A green upward triangle is plotted when a new bullish trend starts.
A red downward triangle is plotted when a new bearish trend starts.
Trend Strength Labels:
The indicator displays the current market strength classification and whether the trend is bullish, bearish, or neutral.
Strength Analysis Table:
Provides insights on whether the market has bullish, bearish, mixed strength, or no strength at all.
This indicator is particularly useful for traders looking to identify strong trends and catch early trend reversals.
開源腳本
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開源腳本
本著TradingView的真正精神，此腳本的創建者將其開源，以便交易者可以查看和驗證其功能。向作者致敬！雖然您可以免費使用它，但請記住，重新發佈程式碼必須遵守我們的網站規則。
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。