DIDI Index

Category: Indicators By: Dest Created: May 1, 2022, 12:01 PM
May 1, 2022, 12:01 PM
Indicators
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DIDI Index indicator ;
The famous indicator created by Odir “Didi” Aguiar (Brazilian Trader).
After seeing some videos about it, I adapt it to PRT. It’s almost like a MACD and I like the “Brazilian MACD” appelation.
Be careful it’s not like  ! The RED = the LONG and the GREEN = the SHORT it’s not like MT4. I converted it from tradingview.
So for “No Nonsense Forex” community you can remove the green one. I also invit you to try the PRT tools and backtest optimization.

short=3
mid=8
long=20

DiDiLong = (Average[long](close) / Average[mid](close)-1)*100
DiDiShort = (Average[short](close) / Average[mid](close) -1)*100
DRAWHLINE(0)
Return DidiLong COLOURED("Red") AS "Long" , DiDiShort COLOURED("green") AS "Short"

Download
Filename: DIDI-Index.itf
Downloads: 133
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