OPEN-SOURCE SCRIPT
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ADX and DI+ v4.5 Optimized

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This script plots VWMA(ADX) vs EMA(DI+) under pre-set time frame.

Feature:

The Main Strategy is to look for potential BUY opportunity (Intraday trading, Session trading, Swing) when EMA(DI+) colored blue, entering upward into Green zone where ADX counterpart (default colored: Yellow) is also present.
Formula plot is also helpful to understand upcoming downtrend signal when both blue and yellow lines try to make diverted bifurcation like pattern on graph.


Disclaimer- This is an indicator script and not final Buy and Sell advice.

* Originally developed by © BeikabuOyaji and further extended & optimized by Bharat imbharat to serve above features
Nota Keluaran
Some minor format corrections.
Script is intact.

Penafian

Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.