Asymmetrical RSI is an indicator that computes a custom relative strength index from the rate of change of a user-selected source. It plots the resulting ARSI line in a separate pane with color coding that turns green above the overbought level and red below t
Indicator · Pine Script v6 · Own pane
Directional Movement Index
This indicator calculates the Directional Movement Index from TradingView's built-in DMI function and plots plus DI and minus DI in a separate pane.
GitHub stars7on the repository
Pine versionv6current
Lines of code40
Settings3inputs
LicenceNone statedfile: MPL-2.0
Last update3 months ago24 Jul 2026
Add It to Your TradingView Chart
- 1Copy the scriptPress Copy script above, or the copy button on the code below.
- 2Open the Pine EditorOpen a TradingView chart and choose Pine Editor at the bottom of the screen.
- 3Paste over the templateCreate a new indicator, select all of the template text and paste. Press Save and give it a name.
- 4Add it to the chartPress Add to chart, then adjust the settings with the gear icon next to its name.
Source Code
40 lines of Pine Script v6 from pinescript/momentum/directional-movement-index-dmi.pine, published under MPL-2.0 (file header). Keep the author's credit and licence lines when you reuse it.
// This Pine Script™ code is subject to the terms of the Mozilla Public License 2.0 at https://mozilla.org/MPL/2.0/
// © Tiagorocha1989
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//@version=6
indicator(title="Directional Movement Index", shorttitle="DMI →", format=format.price, precision=4)
//╔═════════════════════════╗
//║ Input ║
//╚═════════════════════════╝
ADX_Val=input.bool(false,"ADX")
dmi_lenght = input.int(17, minval=1, title="DI Length")
adx_smooth = input.int(1, title="ADX Smoothing", minval=1)
[diplus, diminus, adx] = ta.dmi(dmi_lenght, adx_smooth)
isBull = diplus > diminus
Bull = ta.crossover(diplus,diminus)
Bear = ta.crossunder(diplus,diminus)
//╔════════════════════════╗
//║ Plot ║
//╚════════════════════════╝
plot(ADX_Val ? adx : na, color=color.blue, title="ADX")
plot(diplus, color=#008000, linewidth = 3,title="+DI")
plot(diminus, color=#FF0000, linewidth = 3, title="-DI")
bgcolor(Bull ? color.new(#008000,60) : na)
bgcolor(Bear ? color.new(#FF0000,60) : na)
//╔════════════════════════╗
//║ VIEW ║
//╚════════════════════════╝
var table DMI = table.new(position.middle_right, 1, 1, border_width = 1)
if barstate.islast
table.cell(DMI, 0, 0,
text = isBull ? "↑ Bullish" : "↓ Bearish",
text_color = isBull ? #008000 : #FF0000,
text_size = size.huge)
label.new(bar_index + 5, ADX_Val ? adx : na, text = ADX_Val ? "ADX" : na, color = ADX_Val ? color.blue : na, style = label.style_label_left)
label.new(bar_index + 5, diplus, text = "DI +" , color = #008000, style = label.style_label_left)
label.new(bar_index + 5, diminus, text = "DI -" , color = #FF0000, style = label.style_label_left)
Overview
An optional ADX line can be shown. It marks plus-DI crossovers above minus DI with a green background and the opposite cross with a red background. A table on the last bar states whether plus DI is above minus DI. DI length and ADX smoothing change the calculation. There are no trade entries, exits, or stop rules.
- Plus DI and minus DI plots
- Optional ADX line
- Crossover background highlights
- Last-bar bullish or bearish table
- End-of-series line labels
Details
Published by
eddiebelaval on GitHub
Code credit
Tiagorocha1989, as written in the script's header
Type
Indicator, Pine Script v6
Draws
Separate pane below the chart
Category
Oscillators & momentum
Markets
Any symbol
Timeframes
Any timeframe
Risk Notes
No repainting, lookahead or stacked entries were found in its code or README. That says nothing about how well it works: test it first.
Settings
The inputs you can change from the gear icon on the chart. Defaults are the author's.
| Setting | Type | Default | Variable |
|---|---|---|---|
| ADX | bool | false | ADX_Val |
| DI Length | int | 17 | dmi_lenght |
| ADX Smoothing | int | 1 | adx_smooth |
Third-party code. ForexR did not write, test or endorse this script, and the summary above was generated automatically from its code and README. Indicators describe the past, and a strategy's backtest can look better than live trading, especially when a script repaints. Check it in the Strategy Tester and on a demo account before you rely on it.
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