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PriceDirectionIndicator

30 USD

Demo downloaded: 9

Published: 19 January 2026

Current version: 1.0

PriceDirectionIndicator

Indicators
Dennis Kramer
Dennis Kramer
Dennis Kramer

Germany

488
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.

8 topics 4 comments
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

Assessing whether the market is trading in a relatively undervalued or overextended area
Filtering entries within existing setups
Supporting decision-making instead of relying on signal dependency
Clean market analysis without visual overload

Key Features

Intuitive 0–10 scale for clear market positioning
Fixed internal logic without over-optimizable parameters
Only line color adjustable - focus on analysis rather than customization
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.

Notice: This indicator is an analytical tool only and does not constitute investment advice. Signals are based on historical data and may be lagging. Never trade based solely on one indicator and always apply strict risk management. The developer accepts no liability for trading losses.

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PriceDirectionIndicator

Dennis Kramer

Price Direction Indicator

Typical Use Cases

Key Features