OPEN-SOURCE SCRIPT
Directional Movement Oscillator
已更新
The Directional Movement Oscillator (DMO) is an adaption to the Directional Movement Index (DMI).
The difference is that DMO is one line, whereas DMI has 3 lines: +DI,-DI, and ADX.
The DMO line calculation: DMO = (+DI) - (-DI)
I excluded the ADX in DMO because its completely useless.
Try this indicator out, good luck ;)
-racer8
The difference is that DMO is one line, whereas DMI has 3 lines: +DI,-DI, and ADX.
The DMO line calculation: DMO = (+DI) - (-DI)
I excluded the ADX in DMO because its completely useless.
Try this indicator out, good luck ;)
-racer8
版本注释
This DMO has a zero line版本注释
rma-based instead of sma based now.版本注释
Minor Changes版本注释
Changed name of "length" and updated pic版本注释
New update guys: updated the oscillator by adding a second line, the ma line (Red). How to interpret signals:
yellow above red = uptrend
yellow below red = downtrend
版本注释
a版本注释
>>>DMO now has 2 colors!
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