PROTECTED SOURCE SCRIPT

DSI - Dynamic Strength Index

7 627
The DSI is a volume weighted momentum indicator similar but superior to the traditional RSI.

The DSI algorithm takes values for RSI, MFI, OBV and stochastics, then gives them each a different weighting depending on their historic reliability in different market conditions, and then averages out the values.

This results in a very reliable, noise-free momentum indicator, especially reliable on high timeframes.

Further features include:

Auto Trendlines - Up-downtrend lines to show support, resistance and breakouts
Supertrend- A momentum (ATR based) version of the Supertrend.
Divergences - Bullish and bearish momentum divergences, with confirmation signals.

General Rules:

Bullish above 50
Bearish below 50

Enjoy!

MM

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.