[blackcat]L3 Blackcat DMI
Level 3
Background
Here ia a noval Directional Movement Index (DMI) which I uses customized functions to eliminate noise.
Function
This Directional Movement Index (DMI) helps determine whether a security is trending and attempts to measure the strength of the trend. The DMI ignores the direction of security. It's just trying to determine if there is a trend and if that trend is strong.
Bull--> White
Bear--> Yellow
ADX --> Orange
ADXR --> Aqua
Remarks
Closed Source
Feedbacks are appreciated.
Background
Here ia a noval Directional Movement Index (DMI) which I uses customized functions to eliminate noise.
Function
This Directional Movement Index (DMI) helps determine whether a security is trending and attempts to measure the strength of the trend. The DMI ignores the direction of security. It's just trying to determine if there is a trend and if that trend is strong.
Bull--> White
Bear--> Yellow
ADX --> Orange
ADXR --> Aqua
Remarks
Closed Source
Feedbacks are appreciated.
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