OPEN-SOURCE SCRIPT

ADX and DI with SMA

ADX and DI with an additional configurable SMA,

The objective of this indicator is to provide a tool to asses if the price is trending (ADX above SMA) or range bound (ADX below SMA), to decide the type of strategy to apply.

Should be used at a larger time frame than the intended operation time frame.

Declinazione di responsabilità