Directional Movement Index (DMI)

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 P

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...

andre_007 P Updated 

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)...

x10140

MADX is ADX-inspired indicator with moving averages that determines strength of a trend, as well as its direction. Indicator works following: As the value of MADX increases, so does the strength of a trend If MADX+ ( green line - bullish MADX ) crosses above MADX- ( red line - bearish MADX ) we consider trend as bullish and vice versa.. There will be situations...

syntaxgeek P

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 P

VIDYA DMI Oscillator w/ DSL Levels is a VIDYA smoothed Direction Movement Index with Discontinued Signals. These two add on features allow for more accurate signals by reducing noise. What is the Direction Movement Index? Within the suite of indicators that make up Wilder’s directional movement index (DMI) are the plus directional movement indicator (+DI)...

Coinrule P

This script is focused on shorting during downtrends and utilises two strength based indicators to provide confluence that the start of a short-term downtrend has occurred - catching the opportunity as soon as possible. This script can work well on coins you are planning to hodl for long-term and works especially well whilst using an automated bot that can...

RegisL76 Updated 

SUPERTREND MIXED ICHI-DMI-VOL-GAP-HLBox@RL by RegisL76 (lebourg.regis@free.fr) This script is based on several trend indicators. * ICHIMOKU (KINKO HYO) * DMI (Directional Movement Index) * SUPERTREND ICHIMOKU + SUPERTREND DMI * DONCHIAN CANAL Optimized with Colored Bars * HMA Hull * Fair Value GAP * VOLUME/ MA Volume * PRICE / MA Price * HHLL BOXES All...

loxx P Updated 

Jurik DMX Histogram is the ultra-smooth, low lag version of your classic DMI indicator. What is the directional movement index? The directional movement index (DMI) is an indicator developed by J. Welles Wilder in 1978 that identifies in which direction the price of an asset is moving. The indicator does this by comparing prior highs and lows and drawing two...

Coinrule P

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...

Hotchachachaaa P Updated 

This Indicator uses the Relative Strength Index, On Balance Volume, and ADX to identify viable trading trends. A quick description of what is on display: 1.) Green Triangle = OBV crossing over OBV MA 2.)Red Triangle = OBV Crossing under OBV SMA 3.) The background coloring between the RSI Oversold and Overbought Values has multiple conditions. ----It...

Threefold_Ghost Updated 

***************************************************************NO BIAS, NO GUESSING, JUST MATH****************************************************************************************** This script includes open-source code from the following author: LonesomeTheBlue Thank you for publishing your work This script was modified to enhance previous work as well as...

FriendOfTheTrend P Updated 

DIRECTIONAL MOVEMENT INDEX + FISHER PRICE ACTION WITH LABELS Directional Movement Index shows buy and sell pressure. Fisher transform shows price action trending bullish or bearish. Caution dots notify you of conflicting trends. ***HOW TO USE*** The top lines are the fisher transform showing you the price action trend. The bottom lines filled with color shows...

FriendOfTheTrend P Updated 

VOLUME PROFILE WITH BUY AND SELL PRESSURE LABEL This volume profile indicator shows volume traded for each bar and is colored according to the difference in buy and sell pressure(DMI). ***HOW TO USE*** If the bar and background is colored green, there is more market buying than selling on that bar. If the bar and background is colored red, there is more market...

FriendOfTheTrend P Updated 

CANDLES COLORED GREEN OR RED ACCORDING TO BUY & SELL PRESSURE This indicator paints each candle green, red or blue depending on whether the buy/sell pressure for that candle is bullish, bearish or neutral. ***TURN OFF NORMAL CANDLE COLORS*** For this script to show properly on the chart, make sure you go to chart settings(gear icon in top right corner) and in...

OHM_INSTITUTIONAL_BROKING

RSI backtesting long only portfolio builder. only for investing at cheap valuations

TheBacktestGuy P

It is an extended ADX and Direction Movement Index indicator with the following changes: It shows a histogram instead of the DMI lines. If the histogram is green, the DMI+ is above DMI-, otherwise it is red. You can specify a multiplier for the histogram values to check if values are above threshold. This way you can use the same threshold line as ADX to...

Exmodaus

This indicator I am posting open for everyone to see and use. This is a modified DMI indicator, It has a DMI+ and DMI- and a 3rd line that is the average divergance/convergance of the two. This indicator is used to recognize periods of consolidation, directional strength and retracements/reversal There are some key things to watch for: -When the Div/Conv...