7/31/23, 1:53 AM DMI - Visual — Indicator by RB_TRADER — TradingView India

Get started

DMI - Visual
RB_TRADER Sep 2, 2021

BTCUSDT · 5 · BINANCE O48390.21 H48450.00 L48387.24 C48425.65 +35.44 (+0.07%)

Vol 172

DMI 14 14 20 35.7330 21.8463 25.3458 21.8463 25.3458 21.8463 25.3458

Directional Movement Index (DMI) Average Directional Index (ADX) DMI ADX 2 99

Basically, when the background is:

White = no defined direction
Light blue = up.
Dark blue = well defined up
Light red = down
Dark red = well defined down
Blue/red centered circle = change of direction
Red circle on top = possible short entry
Blue circle at the bottom = possible long entry

//Português
Basicamente, quando o fundo é:
Branco = sem direção definida
Azul claro = alta
Azul escuro = alta bem definida
Vermelho claro = baixa
Vermelho escuro = baixa bem definida
Círculo azul/vermelho centrado = mudança da direção
Círculo vermelho no topo = possível entrada de short
Círculo azul na parte inferior = possível entrada de long

Open-source script
In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it
for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.

Disclaimer
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.

https://in.tradingview.com/script/8HjVuCes/ 1/4