DMI‴ | Enhanced Directional Movement Indicator‴What does it do?
Used for calling your attention to rally price trend with a more suitable color and arrows that allow you to see the delailed movement without needing to zoom the indicator.
How does it work?
Works the exact same way as the ordinary DMI, but with arrows that signals the direction of each DMI line and a right side bar signal for each of these lines, that also provides information over the strength (if a given DMI line is above or under 20% move).
This indicador is used in conjunction with other indicadtor in the BOLLINGER BLAST setup provides a way bigger knowledge of a huge price rally.
What's my filling?
I rather use it with in conjunction with other indicadtor in the BOLLINGER BLAST setup in order to provide me with a way bigger knowledge of a huge price rally.
Indicator attributes:
- red line is the DMI Negative line
- blue line is the DMI Positive line
- lines over the 20% scale give more strength to the price movement
- right side bar: signals the suggests which DMI line has more strength
- yellow "diamond" and "triangle" figures signal that the ADX line is moving up
- blue and red "triangle" figure signal that the +DMI or -DMI is crossing over the 20% line
- the light red back ground shade signals that Volatility is activated and that price spread and volume are to be expected
To have access to this indicator, please DM me.
Don't contact me in the comment area.
Tradewiser
Volatility Color‴What does it do?
Used for calling your attention to rally price movements:
1. red color: signals that the market is "hot" and price spread might be on its way;
2. blue color: signals that the market is "cold" and regular or no price spread will be seen;
3. right side bar signals the market mood (hot or cold) in order to call your attention
How does it work?
When the indicator color is red the market tends to move fast and with volume. The distance between the volatility colored and the black moving average lines gives you a hint of the volatility direction.
This indicador is used in conjunction with other indicadtor in the BOLLINGER BLAST setup that provides a way bigger knowledge of a huge price rally.
What's my filling?
It's just great once you DO NOT have to keeo your eyes on the indicator, just let the red color pop up into your eyes. In other words, let the indicator work for you, let it do the easy stuff while you focus on the strategic part of the trade.
Indicator attributes:
- red color suggests trade with rally and or volume
- blue color suggests regular or weak trade
- right side bar: signals the suggested trade mood (same volatility lines signals)
To have access to this indicator, please DM me.
Don't contact me in the comment area.
