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Re: ADX indicator(s) - metatrader

#201
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 indicator(s) - metatrader

#206
mntiwana wrote:
Sun Nov 11, 2018 3:51 am
Cfb adaptive Dmx 3 nrp nmc
An possible bug regarding mtf code part removed in this version
Hello to all of you experts and no, a naive question from the inexperienced amateur code mql4: in every indicator occurs the situation in red, possible that no indicator can avoid it? Thanks.
DMX 3.png
The perfect indicatoris our head ...

Too many indicators confuse the head

Re: ADX indicator(s) - metatrader

#207
pacois wrote:
Sun Nov 11, 2018 4:08 am
mntiwana wrote:
Sun Nov 11, 2018 3:51 am
Cfb adaptive Dmx 3 nrp nmc
An possible bug regarding mtf code part removed in this version
Hello to all of you experts and no, a naive question from the inexperienced amateur code mql4: in every indicator occurs the situation in red, possible that no indicator can avoid it? Thanks.
Sorry,i did not pick your question,can you please explain more
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 indicator(s) - metatrader

#208
mntiwana wrote:
Sun Nov 11, 2018 4:23 am
pacois wrote:
Sun Nov 11, 2018 4:08 am


Hello to all of you experts and no, a naive question from the inexperienced amateur code mql4: in every indicator occurs the situation in red, possible that no indicator can avoid it? Thanks.
Sorry,i did not pick your question,can you please explain more
The indicator shows an upward or downward trend, instead the price keeps going down or going up, this situation occurs in every indicator, I hope that google translator has translated well.Thanks.
The perfect indicatoris our head ...

Too many indicators confuse the head

Re: ADX indicator(s) - metatrader

#209
pacois wrote:
Sun Nov 11, 2018 4:41 am
The indicator shows an upward or downward trend, instead the price keeps going down or going up, this situation occurs in every indicator, I hope that google translator has translated well.Thanks.
The Google Translator isn't the issue.

You don't understand the up peak of the indicator in a steady bearish situation? Is that correct?

Re: ADX indicator(s) - metatrader

#210
Krelian99 wrote:
Sun Nov 11, 2018 8:13 am
pacois wrote:
Sun Nov 11, 2018 4:41 am
The indicator shows an upward or downward trend, instead the price keeps going down or going up, this situation occurs in every indicator, I hope that google translator has translated well.Thanks.
The Google Translator isn't the issue.

You don't understand the up peak of the indicator in a steady bearish situation? Is that correct?
simply the indicators show a tendency, but sometimes or often the price takes a contrary direction.
download/file.php?id=3336530&mode=view
The perfect indicatoris our head ...

Too many indicators confuse the head



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