Tag: dmi indicators


DMI ADX Histogram Oscillator Indicator

DMI ADX Histogram Oscillator Indicator for MT4

Introduction to the DMI ADX Histogram Oscillator Indicator The DMI ADX Histogram Oscillator Indicator is, as the name suggests, a combination of the Average Directional Index (ADX) and the Directional Movement Index (DMI). As you probably know, the ADX measures the trend strength of an asset, and DMI defines its market direction. In the result, […]

DMI Alert Indicator

DMI Alert Indicator for MT4

Introduction to the DMI Alert Indicator The DMI Alert Indicator 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 […]