FEEDBACK
(25)
PedKam_Multi Timeframe DMI
Version 1
PedKam_Multi Timeframe DMI This indicator can be used for trend following strategy on an intra-day basis. Multi Timeframe DMI takes 3 different time-frames to make its calculation. The Color of the candles turns green or red if all 3 time-frames agree on the direction, otherwise it is yellow. The lower line on the indicator is based on the lower time-frame. The middle line is based on the middle time-frame. The upper line is based on the higher time-frame.
PedKam_Multi Timeframe DMI
This indicator can be used for trend following strategy on an intra-day basis.
Multi Timeframe DMI takes 3 different time-frames to make its calculation.
The Color of the candles turns green or red if all 3 time-frames agree on the direction, otherwise it is yellow.
The lower line on the indicator is based on the lower time-frame.
The middle line is based on the middle time-frame.
The upper line is based on the higher time-frame.
Customer Reviews
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Average Customer Rating:
 (25)
Pedkam_Multi Timeframe
August 23, 2016 Version: 1
By:Bal
I think this indicator can be useful as a final supportive decision. No indicator will ever work to our liking. I feel this indicator is quite useful should a user exercise logic along with. One thing missing, the information on its timing parameters and theory behind.
Not Helpful
August 22, 2016 Version: 1
By:The KHAN
This indicator is useless without the manual. There are 4 lines but only 2 intervals. How do you input 3 time frames and what is length and what is interval. A manual will really help.
Lagging
January 13, 2016 Version: 1
By:Marty
You might want to reverse colors as they lag the actual direction. They still won't work
Useful indicator
December 13, 2015 Version: 1
By:vvbit
It looks like it might be a useful indicator with tuning its parameters. Please add custom colors for the dots and for the price bars. Thanks!
Nice APP
September 18, 2015 Version: 1
By:Richard Hansen
Nice app, needs a tutorial and the down signal lags extremely.
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Developer
Requirements
Tradestation 9.1 (Update 18)
Asset Type
Future
Style
Intraday
Methodology
Trend
Analysis Techniques
Applications