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XCalper Didi index

5

This indicator and its usage was developed by Brazilian trader and analyst Odir Andrade Aguiar (nickname Didi) from Doji Star.


Usage

It is based on the ratio of moving averages with periods 3 (FAST) and 20 (SLOW) by the 8-period moving, which are default settings.

When SLOW and FAST are very close and near 1.0-line (white center line), they can indicate a buy or sell signal in next candles. Such signal is know as Agulhada (Needleful).

  • Buy entry happens when FAST line moves UP while SLOW line moves DOWN with increasing volume, after signal.
  • Sell entry happens when SLOW line moves UP while FAST line moves DOWN with increasing volume, after signal.

It is important to mention that:

  • references should only be used to start the trade. Other indicators must be used to exit the trade;
  • signals work best when stock/futures has high volume and liquidity.
Reviews 1
Pascal-Yves Murundelger
2905
Pascal-Yves Murundelger 2016.08.25 22:21 
 

Very good indi!

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Introducing GoldenGate Algo: A Cutting-Edge Trading Solution!  Discover a revolutionary approach to trading with GoldenGate Algo (GGA), an advanced indicator designed to elevate your trading experience. GGA provides a comprehensive set of features to empower users with precision and confidence in their trading decisions. No re-painting! Pairs:   Any TimeFrames:   15m up to H1 Key Features: Buy and Sell Arrow Indications:   Receive Buy and Sell arrow indications accompanied by pop-up alerts,
PZ Swing Trading MT5
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Swing Trading is the first indicator designed to detect swings in the direction of the trend and possible reversal swings. It uses the baseline swing trading approach, widely described in trading literature. The indicator studies several price and time vectors to track the aggregate trend direction and detects situations in which the market is oversold or overbought and ready to correct. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Profit for market swings with
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This oscillator was developed exclusively by xCalper in 2015 based on moving averages calculations to indicate and try predicting oversold and overbought levels. The fast line (white, by default) oscillates basically between values -0.5 (oversold) and +0.5 (overbought). Whenever this line crosses upward value -0.5, it means an oversold price level. When it crosses downward value +0.5, it means an overbought price level. When fast line crosses value 0.0 and returns, it is a strong pull-back indic
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Pascal-Yves Murundelger
2905
Pascal-Yves Murundelger 2016.08.25 22:21 
 

Very good indi!

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Version 1.30 2020.07.15
- Fixed issue when plotting values in small timeframes.