INVITE-ONLY SCRIPT

GENIAL DAX indicator

By geniali
Updated
This trend indicator highlights the price movement through the support and resistance levels, together the calculation of an anchored line that confirms the rupture or bounce of price on those. For calculation is used the combination of simple moving averages for EURUSD, DXY and the correlation with DAX price in real time.

The indicator draws support, resistance and a black line that indicates the correlation calculation.

Good entries could be taken when price breaks or bounce on support or resistance level, and this movement is confirmed by the anchored line.


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Release Notes
Distance values updated.
DAX IndexDAX-30dax30daxanalysisdaxlongdaxshortdaxtraderGERMANY 30Trend Analysis

Invite-only script

Access to this script is restricted to users authorized by the author and usually requires payment. You can add it to your favorites, but you will only be able to use it after requesting permission and obtaining it from its author. Contact geniali for more information, or follow the author's instructions below.

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Author's instructions

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