DMI MTF Color Table v5

6 gün önce

DMI Multi-Timeframe Color Table v5
A comprehensive DMI (Directional Movement Index) table that displays trend direction and strength across multiple timeframes simultaneously. This indicator helps traders quickly assess market conditions and identify confluence across different time horizons.
Features:

Multi-timeframe analysis (7 configurable timeframes)
Color-coded cells based on trend strength and direction
Real-time current market condition display
Customizable strength thresholds and color schemes
Multiple display modes (All, DI+ Only, DI- Only, ADX Only)
Text-based strength classifications (STRONG/MEDIUM/WEAK)
Directional bias indicators (BULL/BEAR)

How It Works:
The table shows DI+, DI-, and ADX values across your chosen timeframes with intelligent color coding:

Green shades indicate bullish momentum (DI+ > DI-)
Red shades indicate bearish momentum (DI- > DI+)
Color intensity reflects trend strength based on ADX values
Current market condition appears in top-right corner

Display Options:

Toggle numerical values, strength text, and timeframe labels
Adjustable table size and transparency
Customizable color schemes for all conditions
Optional current timeframe DMI plot overlay

Educational Use:
This tool is designed for educational purposes to help understand multi-timeframe analysis and DMI interpretation. All trading decisions should be based on your own analysis and risk management.
Credits:
Original concept and development by Profitgang. If you use or modify this script, please provide appropriate credit to the original author.
Note: This indicator is for analysis purposes only. Past performance does not guarantee future results. Always conduct your own research and consider your risk tolerance before making trading decisions.

6 gün önce

Sürüm Notları

DMI Multi-Timeframe Color Table with Overall Signal v5
A comprehensive DMI (Directional Movement Index) analysis tool that displays trend direction and strength across multiple timeframes with an intelligent overall signal system.
Key Features:

Multi-timeframe DMI analysis (7 configurable timeframes)
Color-coded table showing DI+, DI-, and ADX values
Overall consensus signal combining all timeframes
Current timeframe condition display
Customizable strength thresholds and color schemes
Multiple display modes and formatting options

How the Overall Signal Works:
The indicator analyzes all 7 timeframes and generates consensus signals:

STRONG BUY/SELL: 5+ timeframes aligned with 60%+ strong trends
BUY/SELL: 5+ timeframes aligned with 30%+ strong trends
WEAK BUY/SELL: 5+ timeframes aligned with weaker trends
MIXED: No clear consensus across timeframes
CHOPPY: Low ADX values indicating sideways market

Display Components:

Main table with color-coded DMI values across timeframes
Overall signal box showing consensus with bullish/bearish percentages
Current timeframe condition indicator
Optional DMI plot overlay

Color Coding System:

Green shades indicate bullish momentum (DI+ > DI-)
Red shades indicate bearish momentum (DI- > DI+)
Blue shades show trend strength based on ADX values
Color intensity reflects the strength of directional movement

Educational Purpose:
This tool helps traders understand multi-timeframe analysis and DMI interpretation. It demonstrates how different timeframes can provide confluence for trading decisions.
Risk Disclaimer:
This indicator is for educational and analysis purposes only. Trading involves substantial risk of loss. Past performance does not guarantee future results. Always conduct your own research and risk assessment before making trading decisions.
Credits:
Original development by profitgang. If you modify or republish this script, please provide appropriate attribution to the original author.