Re: ADX DMI Indicators for MT4

192
[quote=mrtools post_id=1295380551 time=1539876857 user_id=4864807]


Mr.Tools.
can you make the same indicator (adx plusdi minusdi cross (arrows + alerts + mtf).mq4)arrows update by filtering with icustom level for adx line /above 30 level. & for +D & -D1 line only if the cross below 20 level.
The tf pa bar should current price/close price as an option setting.
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Re: ADX DMI Indicators for MT4

194
I don't think this one has been posted here yet but this is an oldie (but a goodie) from Mladen & Mrtools back in the TSD days. A very nicely coded CFB Adaptive DMX with MTF, Alerts and Arrows plus Interpolation.
Thanks Mladen & Mrtools!

PS: Fixed for MT4 1090.
_________________________________________
Edited ..... posted with the correct name "Cfb adaptive Dmx nrp alerts + arrows" for to avoid confusing newbies
an XL bundle arrowing package included plus histo or line option and a lot more - :)

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Re: ADX DMI Indicators for MT4

195
Jimmy wrote: Sat Nov 10, 2018 12:13 am I don't think this one has been posted here yet but this is an oldie (but a goodie) from Mladen & Mrtools back in the TSD days. A very nicely coded CFB Adaptive DMX with MTF, Alerts and Arrows plus Interpolation.
Thanks Mladen & Mrtools!

PS: Fixed for MT4 1090.


AUDUSDM15_CFB_ADAPTIVE_DMX_ALERTS_MTF_ARROWS.png
cfb_adaptive_dmx_nrp_alerts__arrows.mq4
Just 1 thing missing: adding PRICE OPTION=HEIKIN ASHI


Re: ADX DMI Indicators for MT4

197
DMI and DMX are posted here because these belongs to ADX family indicators
Some description of DMI as dmi is the initial form of DMX
if i remember exact some DMI (dynamic momentum index) also with same name but experts can better explain
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 its direction, the +DI and -DI furnish information about the positive or negative direction of price movement over a period of time.

Wilder provides complete information about the function and construction of all the components that make up the directional movement index in his 1978 book, New Concepts In Technical Trading Systems. In general, the plus and minus components of the DMI focus on that portion of the current bar’s trading range that is outside the range of the previous price bar. If it is higher, it is considered to be positive (+) and if it is lower, it is labeled negative (-). These values are divided by the true range and averaged over time, usually 14 periods. A move by the +DI above the -DI indicates that positive or upward price direction has overtaken negative or downward price direction. Conversely, when +DI falls below -DI, declining price either from selling pressure or lack of upward price momentum is taking control. Potential changes in direction or trend occur when the lines intersect.
Indicator is just a tool.

Use it only if it can benefit you. Leave it if you don't know how to use it optimally.

Re: ADX DMI Indicators for MT4

199
Cfb adaptive Dmx 2 nrp nmc
Mrtools updated and extended version of the previous one
choice of showing histo or not
adjustable levels option
dual alerts option, on slope change and or on zero cross
Indicator is just a tool.

Use it only if it can benefit you. Leave it if you don't know how to use it optimally.


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