Chandes EAs, indis, scripts & libraries

Tushar Chande’s DMI – indicator MetaTrader 5

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Tushar Chande's DMI - indicator for MetaTrader 5
Definition of ‘Dynamic Momentum Index’ An indicator used in technical analysis that determines overbought and oversold conditions of a particular asset. This indicator is very similar to the relative strength index (RSI). The main difference between the two is that the RSI uses a fixed number of time periods (usually 14), while the dynamic momentum

Chandes Quick Stick (Qstick) – indicator MetaTrader 5

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Chandes Quick Stick (Qstick) - indicator for MetaTrader 5
Indicator was designed by scientist, inventor, author, and trader Tushar Chande in order to help identify market trends with the use of candlestick charts. In case the Qstick indicator shows a reading below zero, this is indicative that the majority of candlesticks during the examined period are bearish, thus, the bias for the trading instrument

Chande’s DMI – std adaptive with dsl signal lines – indicator MetaTrader 5

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Chande's DMI - std adaptive with dsl signal lines - indicator for MetaTrader 5
Theory : Original definition of the Tushar Chande’s and Stanley Kroll’s DMI is the following : The dynamic momentum index is used in technical analysis to determine if a security is overbought or oversold. This indicator, developed by Tushar Chande and Stanley Kroll, is very similar to the relative strength index (RSI). The main difference

Chande’s DMI – std adaptive with floating levels – indicator MetaTrader 5

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Chande's DMI - std adaptive with floating levels - indicator for MetaTrader 5
Theory : Original definition of the Tushar Chande’s and Stanley Kroll’s DMI is the following : The dynamic momentum index is used in technical analysis to determine if a security is overbought or oversold. This indicator, developed by Tushar Chande and Stanley Kroll, is very similar to the relative strength index (RSI). The main difference