PriceDirectionIndicator
- Indicators
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Dennis Kramer
Hello everyone,
My name is Dennis.
I have been active in the financial markets for over 14 years, trading both manually and through fully automated trading systems. - Version: 1.0
- Activations: 5
Price Direction Indicator
The Price Direction Indicator was designed to objectively answer one central question:
Where is the market currently positioned within the price structure - undervalued, neutral, or overextended?
Instead of generating signals, arrows, or subjective chart markings, the PDI translates current market behavior into a clearly scaled directional assessment ranging from 0 to 10.
The result is a calm, reproducible evaluation of market conditions, independent of emotions or short-term noise.
The indicator deliberately avoids visual interference on the price chart. No arrows, no candle highlights, no alert clutter. The analysis is displayed in a separate window, keeping it clearly separated from price action. This makes the PDI suitable both for discretionary trading and as a structural filter within rule-based strategies.
The PDI indicator is also available as an automated Expert Advisor. For more information, follow the link:
https://www.mql5.com/de/market/product/162438?source=Site+Profile+Seller
Typical Use Cases
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Assessing whether the market is trading in a relatively undervalued or overextended area
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Filtering entries within existing setups
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Supporting decision-making instead of relying on signal dependency
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Clean market analysis without visual overload
Key Features
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Intuitive 0–10 scale for clear market positioning
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Fixed internal logic without over-optimizable parameters
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Only line color adjustable - focus on analysis rather than customization
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Applicable to all markets and timeframes
The Price Direction Indicator is designed for traders who are not looking for additional signals, but for a clear and structured decision framework.
Only 4 licenses are available at the current price. After that, the price will increase to 40 USD.
