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lmatl
12 Th11 2021 16:29

DMI & ST DEV zone intersection [LM] 

Bitcoin Perpetual FuturesFTX

Mô tả

Hello Traders,

This indicator uses two indicators st dev extremes and DMI extremes and visualize intersection of both indicators extreme zones using crosses. It means where cross is rendered intersection of extremes has occurred.

The standard deviation uses the same calculation as my Standard deviation zones Support & Resistance indicator, DMI indicator measures both the strength and direction of a price movement. I am using both indicators to find the intersection of extreme zones between them.

ST DEV settings:
source
tops setting
bottom setting

DMI settings:
length settings
extreme zone setting

Enjoy,
Lukas
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Indicator-Jones
Interesting. I never thought of combining stdev with dmi (adx) 🤔
Thank you 🙏

PS: size=size.tiny is a little more easy on the eyes.
lmatl
@Retriev3r, it's made for blind homies :-)
A_Traders_Edge
I am, simply put, astounded by its simplicity yet completely impressed with its signals.
vensonom
When intersection cluster is shown, does it imply a support/resistance zone ?
A_Traders_Edge
Yo bro...did this shit just ACCIDENTALLY come together for you or its something you been planning for a while?
lmatl
@chasinalts, This indicator I have long time, just had it private and I have decided to publish it.
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