OPEN-SOURCE SCRIPT
已更新 ADX EMA's Distance
It is well known to technical analysts that the price of the most volatile and traded assets do not tend to stay in the same place for long. A notable observation is the recurring pattern of moving averages that tend to move closer together prior to a strong move in some direction to initiate the trend, it is precisely that distance that is measured by the blue ADX EMA's Distance lines on the chart, normalized and each line being the distance between 2, 3 or all 4 moving averages, with the zero line being the point where the distance between them is zero, but it is also necessary to know the direction of the movement, and that is where the modified ADX will be useful.
This is the well known Directional Movement Indicator (DMI), where the +DI and -DI lines of the ADX will serve to determine the direction of the trend.
This is the well known Directional Movement Indicator (DMI), where the +DI and -DI lines of the ADX will serve to determine the direction of the trend.
發行說明
It is well known to technical analysts that the price of the most volatile and traded assets do not tend to stay in the same place for long. A notable observation is the recurring pattern of moving averages that tend to move closer together prior to a strong move in some direction to initiate the trend, it is precisely that distance that is measured by the blue ADX EMA's Distance lines on the chart, normalized and each line being the distance between 2, 3 or all 4 moving averages, with the Zero Line being the point where the distance between them is zero, but it is also necessary to know the direction of the movement, and that is where the modified ADX will be useful.This is the well known Directional Movement Indicator (DMI), where the +DI and -DI lines of the ADX will serve to determine the direction of the trend.
The Alert Line can be equal to or different from the Zero Line, because it sends an alert every time the distance curve between the moving averages crosses the Alert Line; that is, if both lines are equal to zero, the script provides the same signal as the crossing of the moving averages.
發行說明
It is well known to technical analysts that the price of the most volatile and traded assets do not tend to stay in the same place for long. A notable observation is the recurring pattern of moving averages that tend to move closer together prior to a strong move in some direction to initiate the trend, it is precisely that distance that is measured by the blue ADX EMA's Distance lines on the chart, normalized and each line being the distance between 2, 3 or all 4 moving averages, with the Zero Line being the point where the distance between them is zero, but it is also necessary to know the direction of the movement, and that is where the modified ADX will be useful.This is the well known Directional Movement Indicator (DMI), where the +DI and -DI lines of the ADX will serve to determine the direction of the trend.
The Alert Line can be equal to or different from the Zero Line, because it sends an alert every time the distance curve between the moving averages crosses the Alert Line; that is, if both lines are equal to zero, the script provides the same signal as the crossing of the moving averages.
開源腳本
秉持TradingView一貫精神，這個腳本的創作者將其設為開源，以便交易者檢視並驗證其功能。向作者致敬！您可以免費使用此腳本，但請注意，重新發佈代碼需遵守我們的社群規範。
免責聲明
這些資訊和出版物並非旨在提供，也不構成TradingView提供或認可的任何形式的財務、投資、交易或其他類型的建議或推薦。請閱讀使用條款以了解更多資訊。
開源腳本
秉持TradingView一貫精神，這個腳本的創作者將其設為開源，以便交易者檢視並驗證其功能。向作者致敬！您可以免費使用此腳本，但請注意，重新發佈代碼需遵守我們的社群規範。
免責聲明
這些資訊和出版物並非旨在提供，也不構成TradingView提供或認可的任何形式的財務、投資、交易或其他類型的建議或推薦。請閱讀使用條款以了解更多資訊。