Index shows buy and sell pressure.
shows price action trending or .
Caution dots notify you of conflicting trends.
***HOW TO USE***
The top lines are the showing you the price action trend.
The bottom lines filled with color shows the DMI index.
The yellow dots at the bottom tell you if these two indicators are currently giving conflicting signals.
If the green line is above the red line and the background is colored green, there is more market buying than selling.
If the red line is above the green line and the background is colored red, there is more market selling than buying.
If the lines are painted green, the price action is trending up.
If the lines are painted red, the price action is trending down.
If a yellow dot shows up at the bottom of the chart, it is notifying you that the DMI and are currently giving opposite signals…. so use caution.
There is also a label on the right side that tells you whether there is more buying or selling. This table updates in real time and changes colors so you can get an easy, quick interpretation of the current buy/sell pressure without having to look at the indicator data so you can make faster decisions on whether to enter or exit a trade.
Green means more market buying than selling.
Red means more market selling than buying.
Blue means an equal amount of market buying and selling.
If buying pressure is but below the 20 level, a second label will show up in purple letting you know there is weak buying pressure so use caution.
If selling pressure is but below the 20 level, a second label will show up in purple letting you know there is weak selling pressure so use caution.
There is a third label showing the current trend of the . Green means price action. Red means price action.
The fourth label is orange and only shows up when the DMI and are currently giving opposite signals, so make sure you use caution during those times.
This indicator can be used as a signal on all markets, including stocks, crypto, and forex.
This index + indicator can be used on all timeframes.
Try using numerous indicators of ours on your chart so you can instantly see the or of multiple indicators in real time without having to analyze the data. Some of our favorites are our Auto Fibonacci, , Momentum, Auto and Index in combination with this Index + . They all have real time and labels as well so you can immediately understand each indicator's trend.
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