Directional movement indicator for assessing price direction and strength. DMI tells you when to be long or short, differentiating between strong &weak trends. DMI works on all time frames and applicable to any asset.
DMI is a moving average of range expansion over an input period. The positive directional movement indicator ( +DMI ) measures how strongly price...
Directional movement indicator for assessing price direction and strength. DMI tells you when to be long or short, differentiating between strong &weak trends. DMI works on all time frames and applicable to any asset.
DMI is a moving average of range expansion over an input period. The positive directional movement indicator ( +DMI ) measures how strongly price...
Directional movement indicator for assessing price direction and strength. DMI tells you when to be long or short, differentiatING between strong &weak trends. DMI works on all time frames and applicable to any asset.
DMI is a moving average of range expansion over an input period. The positive directional movement indicator (+DMI) measures how strongly price...
Цвет бара показывает текущий тренд. Красный - падающий, зеленый - растущий. Желтый знак показывает начало или усиление тренда, флаг - завершение тренда, начало консолидации или следующего тренда
Wilders Directional Movement Index & ADX
With three different lines that you can change
With two Signals that you can turn on and off
When you change the lines, the signals also change
You can activate alerts depending on the signals
The displayed time frame is changeable
This is special indicator based on DMI , I add to time length MTF that is not repainting
you can change the MTF using int2 function
the alerts are based on crossing the 0 (up or down)
I hope you like it
with no MTF
The Directional Movement Index indicator, or DMI, is a trend trading indicator developed by Welles Wilder, which also invented one of the most popular overbought and oversold indicator " RSI indicator".
DMI is based on a scale from 0 to 100 that identifies the price direction and the strength of the trend.
The DMI indicator is composed of three lines:
ADX, which...
Directional Index Oscillator (DIOSC) is +DI and -DI diferrence oscillator.
You can use this indicator 2 different way.
1. Cross over and cross under with DIOSC and its MA.
2. Price and indicator divergences.
BUY Signal: If DIOSC is red (and relatively big at negative side) and cross over the MA line. Or DIOSC have a positive divergence with price lows.
SELL...
Edit of the popular script by @TraderR0BERT
New features:
- horizontal colored areas, indication weak/medium/strong trend
- vertical bars, signaling trend/momentum changes
- DI+ vs DI- contraction/expansion histogram (to measure the DI volatility)
A strategy based on ichimoku and dmi optimized for crypto trading
long
tenkan/kijun
chikou > close
dmi+/dmi-
dmi > thold
adx > thold
short
opposite of first 3
dmi- > thold
you should enable short trading from the settings if you wish to see it
Cheers!
A strategy based on ichimoku and dmi optimized for crypto trading
Signals created with
tenkan/kijun
chikou > close
dmi+/dmi-
dmi > thold
adx > thold
sell
tenkan/kijun
chikou<close
dmi+/dmi-
I'm still optimizing the script. If you want to use it as it is pm me.
Cheers
