DMI ‣ MetaTrader Trading Robots

Volume Weighted Wilder’s DMI – indicator MetaTrader 5

Volume Weighted Wilder's DMI - indicator for MetaTrader 5

This is a volume weighted Wilder’s DMI (the real ADX). It allows you to use 3 kinds of volumes: no volume (in which case it is the same as the original Wilder’s DMI); tick volumes (for forex symbols) and “real” volumes (for symbols that have it — you can easily find it out: if you

Tushar Chande’s DMI – indicator MetaTrader 5

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

DMI stochastic extreme – indicator MetaTrader 5

DMI stochastic extreme - indicator for MetaTrader 5

A variation of DMI stochastic extreme. The original usage (by Barbara Star) is as she describes : The DMI stochastic uses the basic formulation for a 10, 3, 3 stochastic oscillator found in most charting packages but replaces the closing price of the price bar with the value of the 10-period DMI oscillator. The overbought

Dsl – DMI oscillator – indicator MetaTrader 4

Dsl - DMI oscillator - indicator for MetaTrader 4

‌DMI oscillator version of dsl (discontinued signal lines) family of indicators. DMI short description ‌(since it is not widely known). DMI OSCILLATOR Within the suite of indicators that make up Wilder’s directional movement index (DMI) are the plus directional movement indicator (+DI) and the minus directional movement indicator (-DI). They provide the foundation for the

Dsl – DMI oscillator – indicator MetaTrader 5

Dsl - DMI oscillator - indicator for MetaTrader 5

DMI oscillator version of dsl (discontinued signal lines) family of indicators. DMI short description ‌(since it is not widely known). DMI OSCILLATOR Within the suite of indicators that make up Wilder’s directional movement index (DMI) are the plus directional movement indicator (+DI) and the minus directional movement indicator (-DI). They provide the foundation for the

Chande’s DMI (Dynamic Momentum Index) – indicator MetaTrader 5

Chande's DMI (Dynamic Momentum Index) - indicator for MetaTrader 5

The Dynamic Momentum Index (DMI) is a variable term RSI. When default values are used, the RSI term varies from 3 to 30. The variable time period makes the RSI more responsive to short-term moves. The more volatile the price is, the shorter the time period is. It is interpreted in the same way as

Wilders DMI – averages – indicator MetaTrader 5

Wilders DMI - averages - indicator for MetaTrader 5

DMI OSCILLATOR Within the suite of indicators that make up Wilder’s directional movement index (DMI) are the plus directional movement indicator (+DI) and the minus directional movement indicator (-DI). They provide the foundation for the more widely recognized average directional index (ADX). Whereas the ADX offers information about the strength of price movement but not

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

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

Chande's DMI - std adaptive with floating levels - indicator for MetaTrader 5

Chande’s DMI – volatility ratio adaptive – indicator MetaTrader 5

Chande's DMI - volatility ratio adaptive - indicator for MetaTrader 5

Theory : There are a couple of versions of Tushar Chande’s DMI. Some adaptive too. What is different in this version is that all is adaptive : the DMI, the dsl signal lines, All that could be made adaptive is adaptive in this version. It is using volatility ratio for adapting Usage : You can