Directional Momentum Indicator MT4
- Indicators
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Sarvaddnya Pathrabe
Hello, We are creator of MoonPipz.
After years of manual trading, revenge entries, and chasing holy grails that didn't exist, we started coding indicators that solve real problems like:
Seeing clear trends without drowning in noise
Catching high-probability divergences early - Version: 1.0
A clean oscillator that turns DI and ADX into clear probability-based strength signals.
**What it does**
It measures directional momentum using +DI, -DI and ADX, converts them into logistic probabilities, and combines them into a single bounded strength value. The result is shown as a colored histogram that makes strong moves, fading moves, and direction changes easy to see.
**Main features**
- Color histogram (Lime / Dark Green / Red / Maroon) that shows both direction and strength relative to its own moving average
- Optional smoothed oscillator line
- Zero line with clear cross detection
- Live dashboard with key readings: Strength, Bias, Zone, Momentum, Change, Net Direction, Trend Probability, +DI / -DI / ADX, and bars since last zero cross
- Strength meter for quick visual reference
- Works on all symbols and timeframes
- Intrabar updating option
**Dashboard**
- Switchable Dashboard / Info tabs
- Can be placed on the main chart or inside the indicator window
- Collapsible and DPI-aware
**Inputs**
- DI Length & Mean Lookback
- Logistic slope and probability smoothing
- Oscillator scale and smoothing
- Show/hide oscillator MA
- Full dashboard position and scale controls
Simple visual logic: green tones = bullish strength or fading, red tones = bearish strength or fading. Higher absolute values and acceleration away from the MA indicate stronger conviction.
Clean, lightweight, and focused on clear directional probability.
