The Didi Index is an indicator that helps in the identification of the so called “Didi Needles” (Agulhada do Didi), a method created by the experienced Brazilian trader Odir Aguiar (Didi).
DIDI NEEDLES EXPLAINED
The concept of the needles is simple: 3 moving averages are added to the chart (by default 3, 8 and 20 periods, simple mode), and whenever all 3 averages pass simultaneously inside the real body of a candle, the needling occurs. It was named after the movement of passing a thread th
Relative Strength Ratio (RSR)
The Relative Strength Ratio (RSR) indicator compares the performance of one security against another, dividing the base security by the comparative security, and showing the ratio of this division in a line c hart. This indicator is also known as the Relative Strength indicator, Price Relative , or Relative Strength Comparative .
It is one of the main tools for Intermarket Analysis professionals, to help them identify Sector Rotations and other global relations
Moving Average Distance Indicator
The “Moving Average Distance Indicator” calculates the difference between the instrument's price and the moving average, showing this difference in percentage values or in price. In other words, it indicates how far the price is from the moving average.
What is it for?
The great advantage of this indicator is the ease to compare movement expansions that occurred in the past, at different price levels, as the indicator works in a levelled way. The mov
3-BAND VWAP (Volume Weighted Average Price)
Fully customized and EA-friendly VWAP Bands Indicator
Choose the period of the VWAP calculation reset (Daily, Weekly or Monthly): For day trading use the Daily VWAP, and for longer term analysis use the Weekly or Monthly calculations.
Fine adjustment of the deviation of the bands: Find the best band’s deviation for the instruments you trade and adjust accordingly.
Customize line colors, style and width according to you
6-BAND VWAP (Volume Weighted Average Price)
Fully customized and EA-friendly VWAP Bands Indicator.
Choose the period of VWAP calculation reset (Daily, Weekly or Monthly): For day trading use the Daily VWAP, and for longer term analysis use the Weekly or Monthly calculations. Choose how many bands (deviations) you want to show, up to 6. Choose zero to display only the main VWAP line. Fine adjustment of the deviation of the bands: Find the best band’s deviation for the in
ATTENTION: This product was created exclusively for the Brazilian Stock Exchange (B3) and WILL NOT WORK on other markets, specially FOREX. We are currently working on this issue and hopefully will have an any-symbol-multi-market EA working in the near future!
Please keep an eye for future updates in our market page, and meanwhile I invite you to check other products we offer :)