About this indicator (translation to Portuguese on the second half of the description): The indicator follows the way Didi Aguiar teaches his trading system. Didi Aguiar is an old school Brazilian trader with over 40 years experience, who created the Didi Index and the famous agulhadas - or how I like to say in English: threads in the needle, an explosive...
Beta version of the Didi setup combo - (almost) everything in one single indicator: Didi index + DMI + TRIX + Stochastic. Better description on how to use and color customization to come in next versions. Enjoy!
The Directional Movement Hann Window Indicator was created by John Ehlers (Stocks and Commodities Dec 2021 pgs 17-18) and this is his updated version of the classic Directional Movement indicator created by J. Welles Wilder. Ehlers uses the Hann Window Filtering after using an exponential moving average to smooth the classic directional movement indicator. This...
For quicker and easier interpretation, ADX line is displayed in a heatmap style. The more absolute difference between both DIs, the more intense the color. Because some people use 20 ADX reference and others use 25 ADX reference to confirm the trend, I just add both as reference lines in a 'golden box' Additionally, reference lines were added with default values...
My interpretation of John Carter's popular Simpler Trading 10X Bars indicator. Now you can see directional market strength for a variety of key futures , indices and industry groups for quick comparison with individual stocks. Momentum is displayed to quickly see the quality and strength of a trend based on a calculation of the Directional Movement Index (DMI)....
My interpretation of John Carter's popular Simpler Trading 10X Bars indicator. Momentum is displayed to quickly see the quality and strength of a trend based on a calculation of the Directional Movement Index (DMI). The DMI is an indicator developed by J. Welles Wilder in 1978 that identifies in which direction the price of an asset is moving. The DMI is...
// Identify potential trend reversals using ADX on up to 40 crypto assets. // ADX shows the strength of a trend, not the direction. // By monitoring the difference of ADX values between candles, you can potentially identify reversals before they happen. // A strong trend has a 14 period ADX slope increasing .5 or more from the prior candle. // At a minimum, a weak...
Better visuals for the ADX/DMI technical indicator. I filled the DI+ and DI- with color to easily track the trend. Also, I added shapes (+) / (x) once the DI+ and DI- crossover each other. You can also set two horizontal lines so you can easily track where the ADX value is at.
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...
Markets don’t always trade in a clear direction. At a closer look, most of the time, they move sideways. Relying on trend-following strategies all the time can thus lead to repeated false signals in such conditions. However, before you can safely trade sideways, you have to identify the most suitable market conditions. The main features of such strategies...
Oscillator for DMI, it allows you to see the difference in percentage with the different DMI lines, positive and negative and it's strength.
Moving Average Convergence Divergence – MACD The MACD is an extremely popular indicator used in technical analysis. It can be used to identify aspects of a security's overall trend. Most notably these aspects are momentum, as well as trend direction and duration. What makes the MACD so informative is that it is actually the combination of two different types of...
Through the DMI Trade Zone you can find safe areas to trade in the Spot market. The logic behind the indicator is: - If the Positive Directional Movement (+DI) is greater than the Negative Directional Movement (-DI) then the Average Directional Movement Index (ADX) will be green with an opaque white background. - If the Positive Directional Movement (+DI) is less...
Trend-following strategies are cool because they allow you to catch potential high returns. The main limit of such strategies are: False signals > the asset is not experiencing a strong trend. The strategy gets stuck with a sideways move or, worst, with the beginning of a downtrend. The sell signal may come later than the actual top, leading in some cases...
Basically, when the background is: White = no defined direction Light blue = up. Dark blue = well defined up Light red = down Dark red = well defined down Blue/red centered circle = change of direction Red circle on top = possible short entry Blue circle at the bottom = possible long entry //Português Basicamente, quando o fundo é: Branco = sem direção...
This is one of many new strategies coming soon which were seen on Trade Rush This one is the ADX / RSI Strategy seen here: https:www.youtube.com/watch?v=uSkGE0ujyn4 While the strategy has been modified slightly to use the DMI instead of the ADX, the core of the strategy is essentially the same Long signals are generated when the RSI is above 70, close is...
This is an experimental strategy that uses a Volume-weighted MA (VWMA) crossing together with Machine Learning kNN filter that uses ADX and MFI to predict, whether the signal is useful. k-nearest neighbours (kNN) is one of the simplest Machine Learning classification algorithms: it puts input parameters in a multidimensional space, and then when a new set of...
Directional Movement Indicator: +DI and -DI I changed the color of the bar bars according to the crossed of +DI and -DI . It helps us to have an idea of whether the trend is continuing or not. +DI crossover to -DI barcolor is Aqua, if not bar color is Red. It also helps us to find the lowest and highest points of the graph according to the positions of Adx +DI...