Highly Optimized (Aroon, DMI, RWI)It is a highly optimized script for H4, D1. Backtests from (2016 - 2019, depending on the currency pair). Optimization still
going on.
Following alerts can be activated:
-
Buy-Signal (Baseline-Cross)!
Sell-Signal (Baseline-Cross)!
Buy Signal (Aroon)!
Sell Signal (Aroon)!
Buy Signal (DMI)!
Sell Signal (DMI)!
Buy Signal (RWI)!
Sell Signal (RWI)!
Can be used by the following pairs:
AUDCAD
AUDCHF
AUDJPY
AUDNZD
AUDSGD
AUDUSD
CADCHF
CADJPY
CHFJPY
CHFSGD
EURAUD
EURCAD
EURCHF
EURGBP
EURJPY
EURNZD
EURSGD
EURTRY
EURUSD
GBPAUD
GBPCAD
GBPCHF
GBPJPY
GBPNZD
GBPSGD
GBPUSD
NZDCAD
NZDCHF
NZDJPY
NZDUSD
SEKJPY
SGDJPY
USDCAD
USDCHF
USDCNH
USDJPY
USDSGD
USDTRY
XRPUSD
Price is 5€ per Month or 75€ lifetime. One week free for testing.
DMI
Sifo's Binary StrategyBinary Strategy with signals, it uses more than 10 indicators in JUST 1. It has 3 different signals, the more signals you have, a better trade it is. You can also set alerts with it.
Inbox for price
-In the markets nothing is a 100% accurate.
Sifo's Occiliators2 Sotch RSI and a DMI Stoch that helps binary trade. Blue = 1 sothc rsi and red = stoch rsi
Consolidation vs Trending
ADX is used to quantify trend strength. ADX calculations are based on a moving average of price range expansion over a given period of time. The default setting is 14 bars, although other time periods can be used. ADX can be used on any trading vehicle such as stocks, mutual funds, exchange-traded funds and futures.
ADX is plotted as a single line with values ranging from a low of zero to a high of 100. ADX is non-directional; it registers trend strength whether price is trending up or down. The indicator is usually plotted in the same window as the two directional movement indicator (DMI) lines, from which ADX is derived.
When the +DMI is above the -DMI, prices are moving up, and ADX measures the strength of the uptrend. When the -DMI is above the +DMI, prices are moving down, and ADX measures the strength of the downtrend.
ADX values help traders identify the strongest and most profitable trends to trade. The values are also important for distinguishing between trending and non-trending conditions. Many traders will use ADX readings above 25 to suggest that the trend is strong enough for trend-trading strategies. Conversely, when ADX is below 25, many will avoid trend-trading strategies.
ADX Value Trend Strength
0-25 Absent or Weak Trend
25-50 Strong Trend
50-75 Very Strong Trend
75-100 Extremely Strong Trend
DMI ADXThis is the combination of ADX and DMI.
It will tell you about the trend strength.
In easy language Green is for bullish , red is for bearish ,and third line which is of blue and yellow will tell you about the trend strength doesn't matter in which direction. Blue will tell you that trend is getting strength and vice versa for yellow.
Keep an eye at crossovers.
New scripts r ready just doing some last testing will be out soon just wait for some more time :)
all the Scripts here will be free and always will be.
For my Indian friends a special surpriszzz is coming soon ;)
Hope you got my point.
Happy trading :)
15min Chart
1Hr chart
DMI + Accelerator Oscillator StrategyInvite 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 whether to enter or not.
DMISE ResonanceAn 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 ()
E-Z's Slither Maker Strategy v0.01This 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: bitcoincash:qqrca9z7w2gl2wevjvry6uv7quhcn7kaycx43r34tf
DOGE: AC9tZB6NMoWpvMZmmtop5yXsv7GhHYAxWd
LTC: 34HajDFE3aDWgs1etG3851CLvqNV9pg5Te
RSI_DMI [ALionTrading] indicator / trading strategyThis 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
Trend Monster HeadquartersADX-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) - above 25 - bull trend strenghening
DMI- (red line) - coming off the bottom - bull trend weakening
DMI+ (green line) - coming off the bottom - bear trend weakening
Strategy designed for NG 15min-1h timeframeHi 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
Relative Strength Index + DMI DivergencesHi 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
Geek's DMI V2A 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 shows that distribution is occuring at the topand the V2 DMI quickly shifts in reaction to price but old style DMI lags and missed 50% of the move.
For best results I suggest using this on the daily time frames with Heikin Ashi (even less false reads)
Give it a go and a like if this was useful to you.
DIOSC indicatorThe 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 kurulmuş Diosc göstergesi -DI ve +DI'ın birleştirilmiş halidir. Temel mantığı +DI yukarıda iken yani trend yukarı iken +DI, diğer durumda da -DI göz önüne alınarak grafik oluşturulmuştur. Ek olarak Al-Sat noktalarının histogram üzerinde görülebilmesi için de grafiğe 9 günlük EMA eklenmiştir. Grafik üzerinde hem Al-Sat noktaları takip edilebilir hem de uyuşmazlıklar takip edilebilir.
DMI strategy(lirshah)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 is non-directional, so it will quantify the strength of the trend regardless if it’s bullish or bearish.The ADX line is derived from the relationship of the DMI+ and DMI- lines
DMI+, which measures the strength of the upward price movement.
DMI-, which measures the strength of the downward price movement.
this strategy gives signals according to movements of these three lines and has the best result on xrpusd M15 chart.
DMI Histogram & SRSI Crossover with ADX filteringUses 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 you only want to use ADX to filter).
Red dot above histogram - indicates overbought SRSI crossover occurred above the DMI threshold in an upward DMI and ADX > 25
Green dot below histogram - indicates oversold SRSI crossover occurred below the DMI threshold in a downward DMI and ADX > 25
Red plotted line is the ADX
DMI threshold can be adjusted to eliminate choppy low DMI crossovers (displayed as transparent red zone on the histogram). Set to 0 / -0 to display all SRSI crossovers for that DMI.
SRSI overbought/sold adjustable. Note : it has been offset to align with the histogram (-50 to 50 instead of the standard 0 to 100).
Other settings standard for SRSI etc.
Also ADX is displayed offset around the threshold and aligned with the horizontal 0 axis. So if you filter out trades where ADX < 25 then the ADX line will be plotted so values < 25 display below zero and vice versa. It makes it easier to visually identify the trend strength (when it passes over 0 it represents confirmed trend strength and the DMI/SRSI crossover signals will then display).
You can adjust the ADX threshold in the settings. Standard are usually 20 or 25(default).
Directional Movement Index Histogram & Stochastic RSIUses 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 can be adjusted to eliminate choppy low DMI crossovers (displayed as transparent red zone on the histogram). Set to 0 / -0 to display all SRSI crossovers for that DMI.
SRSI overbought/sold adjustable. Note : it has been offset to align with the histogram (-50 to 50 instead of the standard 0 to 100).
Other settings standard for SRSI etc.
DMI ADX TREND 2.0 (edit by GeertVD)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)
improved DmiThis 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