DMI Alert Indicator
Platform: MT4 Type: Momentum Last update: October 26, 2024The DMI Alert Indicator for MT4 is based on a Directional Movement Index, but it additionally displays buy/sell alerts. It consists of two lines: a red one and a green one. The red line above the green line indicates a bearish trend-momentum. Similarly, the green line above the red line suggests a bullish trend-momentum.
Example chart:
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