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Re: DSL (Discontinued Signal Line) indicators
91- These users thanked the author mrtools for the post (total 2):
- mwaschkowski, 太虚一毫
Posting this again seems the original file not working after migration.
Dearest MLADENmladen wrote: Thu May 11, 2017 12:54 am This falls into "experiments" category too
Dsl DMI - (vidya) - new version - with a direct intervention in the DMI calculation - this version allows to have smoothed ranges (not ATR, but the range - the first step of dmi calculation). It seems that the lag added is almost non-existent (see the example)
dsl dmi.png
Some parameters experimenting advised - and for the icing on the cake, vidya smoothing (since it is adaptive) on the end of calculation should add some more value to the already useful DMI oscillator
DMI is coming from the name that Welles Wilder used for it (some more information can be found here : DMI - Welles Wilder). With an addition of "average" it became the ADXmntiwana wrote: Thu May 11, 2017 2:20 am Dearest MLADEN
Thanks for the pretty invention
one question plz - It always confuse me - what exact "DMI" stand for as there are two different descriptions
1 : Dynamic Momentum Index
2 : Directional Movement Index
how a standard user can differentiate in between - and plz some explanations regarding all 2 sort indicators.
regards
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