Invite Only Script This script is based on a strategy using the Directional Movement Indicator and Accelerator Oscillator. DI+ can be modified depending of short, medium or long term trade. Green means buy zone Red means do no enter zone. This script is part of a strategy and Green doesn't mean you HAVE to buy. People invited to use this script should know...
An attempt to make a timeframe-resonating version of DMI Stochastic Extreme () using @alexgrovers Peak/Valley Estimation script () with Lazybear's MFI/RSI enclosed bollinger bands ()
This is a strategy I built based on custom MACD and ADX/DMI settings. Works best for scalping the one hour. If you run into any issues let me know. If this script makes you money and feel thankful for all my hard work, you can donate to the addresses below <3 BTC: 3CS6VqDrCf7XRn46bqcXMUZQecbQJ7TKfs BCC/BCH:...
This BINANCE:BTCUSDT This indicator uses RSI and adds it to +DI from the DMI indicator and plots the new value, when the value crosses the High line ==> Buy signal, close the trade based on EMA(20) value
ADX-DMI enhanced & modified for faster reaction ADX (black line) above 80 = mega-trend peaked, reversal imminent, rare case scenario ADX (black line) above 60 = trend topping out, reversal possible, depending on other indicators ADX (black line) above 25 threshold = trend strenghening DMI- (red line) - above 25 - bear trend strenghening DMI+ (green line) -...
Hi guys I hope you like the strategy I made today for NG futures contract trading. 15m and 1h recommended timeframes. Let me your comments if it works to you
Hi guys I combine RSI and DMI in one study with alerts when price is Overbought, Oversold. Buy and sell divergences in the DMI and strength of the trend in the background I hope its useful for you as its to me
A significant improvement over traditional DMI and an improvement over my previous DMI tweak. Example: the red circle is the trend reversal area. Traditional DMI in the middle is slow & ADX in purple often confuses first time users. My tweaked DMI at the bottom is basically a a slight visual modification of the middle ADX so both perform the same. The white box...
Three indicators combined in one window now. Details explained and formula explained in youtube video, unfortunately in Turkisk language Blue indicator is differance of DI+ and DI-, passing above zero level means buy signal, going under zero level means sell signal. Green indicator is differance of RSI(14) and RSI(28), above zero level buy signal, below zero...
The Diosc indicator based on DMI is the combined version of -DI and +DI. While +DI is above (the trend is up), +DI is used and in the other case -DI is used. In addition, 9-day EMA was added to the graph so that sell/buy points could be seen on the histogram. Both sell/buy points and divergence/convergence can be followed on the graph. Temeli DMI üzerine...
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...
Uses DMI rendered as a histogram & overbought/sold SRSI crossovers to highlight areas of increased likelihood of reversal/signals. This is the same as the DMI Histogram & SRSI found at the below link except that it uses ADX to filter trades and the DMI Thresholds are set to 0/-0 (optional if you want more aggressive filtering at a set threshold. Leave at zero if...
Uses DMI rendered as a histogram & overbought/sold SRSI crossovers to highlight areas of increased likelihood of reversal. Red dot above histogram - indicates overbought SRSI crossover occurred above the DMI threshold in an upward DMI Green dot below histogram - indicates oversold SRSI crossover occurred below the DMI threshold in a downward DMI DMI threshold...
Just add to the DMI colors Volume RSI so now i think this is a better indicator
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)
This is a new indicator that make the normal DMI better insread of the ADX I put a volume indicator that have been transformed to be on regular scripts with this it much more easy to spot the true buy and sell points by the DMI have fun
Here I try to put a combination of CCI and DMI with alerts hope you like it
This indicator has the following: 1. volume rsi based on Ricardo Santos great work 2.DMI 3.fib candle the buy points are based on volume break of rsi (not rsi) filter by DMI and the candle fib based on fibo points sell point the same just in reverse this indicator give you volume based on rsi to gether with other stuff so the buy points seems to be more accurate...