Concepts This is an improved version of the "DMI Stochastic Extreme Refurbished" indicator. For more information on the main concepts of this indicator, please access this link: The difference is that here, instead of using the traditional stochastic oscillator, I implemented the use of the Stochastic Momentum Index (SMI). Stochastic Momentum Index (SMI)...
█ CONCEPTS DMI Stochastic Extreme was originally published by Barbara Star, PhD, in TASC magazine of January 2013. Basically it describes an improved version of the ADX DI+/DI- indicator, created by J. Welles Wilder. In the setup described by the author, the DMI Oscillator is used together with a stochastic oscillator of DMI. First, the DMI Oscillator is...
Hello Traders, Today I'm releasing a spin on an 'oldie but goodie'; the Directional Movement Index (DMI). DMI is a combination of 3 different indicators developed by the famous J. Welles Wilder. DMI has 3 different plots: the ADX, +DI, and -DI. The first is the ADX (Average Directional Index), which Wilder created in 1978 to show the strength of a trend by...
The script is ADX-DMI modified verison -Adx is labeled as Weak trend Below 25 and strong Trend above 25 -Hline is drawn at 25 for better clarification of crossover above 25 -Wait for crossover in +dmi and -dmi and to cross above 25 for any trend clarifcation -crossover i.e upside cross of +dmi over -dmi is shown buy UP shape -crossunder i.e downside cross...
So I ended up adding a ton of stuff to my prior Double Stochastic script which you can see here . The concept of the Double was to smooth out the existing Stochastic by applying a Stochastic to the existing Stochastic (hence the Double). My concept for the Triple Stochastic is much different. It combines a regular stochastic, stochastic RSI, and the double...
With this indicator we seek to find convergence of the First Oscillator (RSI, Stoch and DMI) and the Second Oscillator (Stoch, Stoch RSI 1 and Stoch RSI 2) for purchases or sales. Search Buy when, First Oscillator -Rsi oversold -Stoch over sold -DMI oversold Second Oscillator -Stoch over sold -Stoch RSI 1 oversold -Stoch RSI 2 oversold Suggested values First...
This indicator composed of several oscillators was designed to be used with the strategy called LoboWass2 to be applied with Binary Options. The idea of these oscillators is to be able to observe when all together appear in the same position, either overbought or oversold, and take the trade. Remember that this is a confirmation tool, you must carry out...
Use this indicator to identify the market trend, possible dynamic Supports or Resistances and possible setbacks or corrections. Take the Moving Averages (50,75,100,200) as a reference to identify if the market is bullish or bearish. Have as reference the Moving Averages (8,15,20,25) as possible dynamic Supports or Resistances. Have the BB as a reference, to...
With this indicator, we seek to find convergence of RSI, Stoch and DMI for purchases or sales. Search Buy when, -Rsi over sold -Stoch over sold -DMI Over sold Search Sell when, -Rsi oon purchased -Stoch on purchased -DMI on purchased Suggested values Rsi: 4 Stoch: 5.1.1 DMI: 10.3 Suggested time, 5M 15M
This Indicator comprises the following individual indicators: - RSI 4 - Stochastic 14,3,3 - DMI Stochastic 10,3 Analisis: - By using this indicator alongside with the 4 in 1 JN Indicators (posted before this one), you can determine the change in trend when: - When the bollinger bands are broken - When an EMA is reached - When all lines in the indicator are above...
By using this indicator you can better view the Stoch indicators used by this strategy which are: - Stochastic (14,3,3) - Stochastic RSI (14,14,3,3) - Stochastic RSI (6,6,3,3) - DMI Stochastic This is best used alongside: - Evan Cabral binary strategy 2 - Binary with Temito The analisis is: - When all lines in the indicator are above or below the...
This is a Binary strategy that I put together after watch different educators. It uses 4 indicators over the candles.