OPEN-SOURCE SCRIPT
Diupdate DMI with Oversold/Overbought marking

Modification of original DMI indicator, simply marking background in case of finding Overbought or Oversold levels - this happens when ADX is above both DI+ and DI- values.
Catatan Rilis
- color background is more detailed and now divide signals between Oversold and Overbought
Catatan Rilis
Additional Information:- Background of DMI indicator is being colored when it Oversold or Overbought conditions are met - it happens when ADX is above both DI+ and DI- lines
- script together with Stoch and OBV is working very well as additional confluence when taking trades; Stoch is additional oversold/overbought indicator that can be checked together with DMI + OBV is showing also potential reversals via Divergences
Skrip open-source
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.
Pernyataan Penyangkalan
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.
Skrip open-source
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.
Pernyataan Penyangkalan
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.