PROTECTED SOURCE SCRIPT
DMI-Luminate
DMI-Luminate (DMI-LMT)
Indicator created by Canhoto-Medium, private creator, with no affiliation to TradingView or brokers. All costs and work are funded by the creator.
This is an advanced version of the classic DMI (Directional Movement Index), which measures the strength and direction of market trends. It calculates the +DM and -DM lines to identify upward and downward moves, plus the ADX to show trend strength, along with ADXR and DX for additional analysis.
You can choose the type of moving average used in the calculations, including traditional and advanced options, allowing customization for different trading styles and assets.
What it shows:
+DM and -DM: Indicate who is dominating—buyers or sellers.
DX: Measures the difference between +DM and -DM.
ADX: Shows trend strength—the higher it is, the stronger the trend.
ADXR: A smoothed average of the ADX, helping identify changes in trend strength.
Equilibrium Points: Crossings of +DM and -DM, signaling possible reversals or consolidations.
Use this indicator to assess whether the market is strong and trending or weak and sideways, helping you make more confident decisions.
About Moving Averages:
Basic moving averages (SMA, SMMA, EMA, WMA) are free for the entire community.
Advanced moving averages (ALMA, T3, VOL, DNA⚡, RNA🐢) are premium, reserved for those who value and support the developer.
Premium averages may be limited to the creator.
If you value the developer’s work, please consider donating USDT via low-fee blockchain networks to support ongoing development.
✔️ Donation Wallet (low-fee network):
USDT-(TRC20)= TZB4spB1XErqw9BPSWmaAkCznXb172quEY
USDT (BSC-BEP20)= 0xa177945d6fab3b2d3726366c951f4955ab338593
USDT (APTOS)= 0x47014ea8d6a22634046fa19fd8b7574db4ef702758a4d80a2d189b610438ce43
USDT (Mantle-Network)= 0xa177945d6fab3b2d3726366c951f4955ab338593
Indicator created by Canhoto-Medium, private creator, with no affiliation to TradingView or brokers. All costs and work are funded by the creator.
This is an advanced version of the classic DMI (Directional Movement Index), which measures the strength and direction of market trends. It calculates the +DM and -DM lines to identify upward and downward moves, plus the ADX to show trend strength, along with ADXR and DX for additional analysis.
You can choose the type of moving average used in the calculations, including traditional and advanced options, allowing customization for different trading styles and assets.
What it shows:
+DM and -DM: Indicate who is dominating—buyers or sellers.
DX: Measures the difference between +DM and -DM.
ADX: Shows trend strength—the higher it is, the stronger the trend.
ADXR: A smoothed average of the ADX, helping identify changes in trend strength.
Equilibrium Points: Crossings of +DM and -DM, signaling possible reversals or consolidations.
Use this indicator to assess whether the market is strong and trending or weak and sideways, helping you make more confident decisions.
About Moving Averages:
Basic moving averages (SMA, SMMA, EMA, WMA) are free for the entire community.
Advanced moving averages (ALMA, T3, VOL, DNA⚡, RNA🐢) are premium, reserved for those who value and support the developer.
Premium averages may be limited to the creator.
If you value the developer’s work, please consider donating USDT via low-fee blockchain networks to support ongoing development.
✔️ Donation Wallet (low-fee network):
USDT-(TRC20)= TZB4spB1XErqw9BPSWmaAkCznXb172quEY
USDT (BSC-BEP20)= 0xa177945d6fab3b2d3726366c951f4955ab338593
USDT (APTOS)= 0x47014ea8d6a22634046fa19fd8b7574db4ef702758a4d80a2d189b610438ce43
USDT (Mantle-Network)= 0xa177945d6fab3b2d3726366c951f4955ab338593
Script protetto
Questo script è pubblicato come codice protetto. Tuttavia, è possibile utilizzarlo liberamente e senza alcuna limitazione – per saperne di più clicca qui.
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.
Script protetto
Questo script è pubblicato come codice protetto. Tuttavia, è possibile utilizzarlo liberamente e senza alcuna limitazione – per saperne di più clicca qui.
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.