DMI

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DEMA Adaptive DMI PLEASE Read the following, knowing what an indicator does at its core before adding it into a system is pivotal. The core concepts can allow you to include it in a logical and sound manner. Conceptual Foundation and Innovation The DEMA Adaptive DMI blends the Double Exponential Moving Average (DEMA) with the Directional Movement Index...

IkkeOmar

Intro: This is an example if anyone needs a push to get started with making strategies in pine script. This is an example on BTC, obviously it isn't a good strategy, and I wouldn't share my own good strategies because of alpha decay. This strategy integrates several technical indicators to determine market trends and potential trade setups. These indicators...

Chartistician

Created by Love Sharma, CMT, CFTe the idea is simple. there needs to be thrust in prices before adx goes above any barrier or level say 25/10 or even 10/ The Di plus or Di minus should be above ADX. This indicates the change in direction or change in underlying price and obviously followed by ADX indicator which is dependent on user which level it...

kikfraben

📈 Harmonic Trend Fusion - Your Personal Trading Assistant This versatile tool combines multiple indicators to provide a holistic view of market trends and potential signals. 🚀 Key Features: Multi-Indicator Synergy: Benefit from the combined insights of Aroon, DMI, MACD, Parabolic SAR, RSI, Supertrend, and SMI Ergodic Oscillator, all in one powerful...

accutrades_net

A common problem experienced by short term traders using DMI/ADX is that the session breaks results in carry-over effects from the prior session. For example, a large gap up would result in a positive DMI, even though momentum is clearly negative. Note the extremely different results in the morning session, when the gap is reversed. The DMI-FLEX algoritm...

FractalTrade_

This advanced trading indicator, inspired by Dr. Charles B. Schaap's book "ADXcellence: Power Trend Strategies", leverages the principles of the Average Directional Index (ADX) to help traders identify and exploit trending conditions in the market. The ADXcellence Indicator uses multiple levels of analysis to evaluate the strength and direction of trends. In...

alphaXiom Atualizado 

This project started as an effort to improve the user interface of the hybrid indicator ADX of Vortex, which is, as per the name, a blend of ADX and Vortex Indicator. Plotting both indicators on the same polarity and normalising the vortex, a better interpretation of the interaction between the two is possible, and trend becomes apparent. Basically, the Vortex...

traderharikrishna Atualizado 

RDX Relative Directional Index, Strength + Direction + Trend. This indicator is the combination of RSI and DMI or ADX. RDX aims at providing Relative direction of the price along with strength of the trend. This acts as both RSI and Average Directional Index. as the strength grows the RSI line becomes wider and when there is high volatility and market fluctuation...

traderharikrishna

RiverFlow ADX Screener, Scans ADX and Donchian Trend values across various Timeframes. This screener provides support to the Riverflow indicator. Riverflow concept is based on Two indicators. Donchian Channel and ADX or DMI. How to implement? 1.Donchian Channel with period 20 2. ADX / DMI 14,14 threshold 20 Entry / Exit: 1. Buy/Sell Signal from ADX...

traderharikrishna Atualizado 

ADX Trend Filter Indicator is a traditional ADX indicator with a different presentation. its consist of two indicators EMA TREND and ADX / DMI About Indicator: 1. BAND / EMA band to represent EMA Trend of EMA-12 and EMA-50 (Band is plotted at level-20 which is the Threshold level of DMI / ADX indicator) 2. Histogram showing the direction of ADX / DMI trend 3. Area...

andre_007 Atualizado 

Library "TrendIndicators" This is a library of 'Trend Indicators'. It aims to facilitate the grouping of this category of indicators, and also offer the customized supply of the source, not being restricted to just the closing price. Indicators (this is a work in progress): 1. Absolute DI (Directional Moviment Index) (Difference between DI+ and DI-). Used...

fpucci

Target: The SumInd indicator combines Heiking Ashi, Sar Parabolic, Koncord, RSI, DMI, MACD and Bollinger Bands to give buy or sell signals or trends. This are called base indicators. The goal is to have a clear and quick buy or sell suggestion and to avoid evaluating all or some of the named indicators, especially if they give contradictory signals among them....

Coinrule

The Ichimoku Cloud is a collection of technical indicators that show support and resistance levels, as well as momentum and trend direction. It does this by taking multiple averages and plotting them on a chart. It also uses these figures to compute a “cloud” that attempts to forecast where the price may find support or resistance in the future. The Ichimoku...

tartigradia Atualizado 

Direction Movement Indicator (DMI) is a trend indicator invented by Welles Wilder, who also authored RSI. DMI+ and DMI- respectively indicate pressure towards bullish or bearish trends. ADX is the average directional movement, which indicates whether the market is currently trending (high values above 25) or ranging (below 20) or undecided (between 20 and...

andre_007 Atualizado 

Concepts This is an improved version of the "DMI Stochastic Extreme Refurbished" indicator. For more information on the main concepts of this indicator, please access this link: The difference is that here, instead of using the traditional stochastic oscillator, I implemented the use of the Stochastic Momentum Index (SMI). Stochastic Momentum Index (SMI)...

syntaxgeek

What makes this different from directional movement index? The aim is to reduce the amount of data analysis necessary before taking action; currently using DMI requires reviewing the DM+ and DM- plots, and ADX as well as review the overall trend of each one. Also there is the final analysis to determine whether a strong trend hasn’t been established at...

loxx

Jurik DMX Histogram is the ultra-smooth, low lag version of your classic DMI indicator. This is a momentum indicator. You can use this indicator standalone or as part of a system with a moving average and a mean reversion indicator. This indicator has both composite fractal behavior adaptive inputs and fixed inputs. The default is CFB adaptive. Dark green means...

email_analysts

This strategy is based on DMI indicator. It helps me to identify base or top of the script. I mostly use this script to trade in Nifty bank options, even when the signal comes in nifty . It can be used to trade in other scripts as well. Pivot points can also be used to take entry. Long entry is taken when DI+(11) goes below 10 and DI-(11) goes above 40 , whereas...