DMI‴ | Enhanced Directional Movement Indicator‴

7 июл. 2021 г.

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.