DMI Stochastic Oscillator

v10.3
DMI Stochastic Oscillator

“The DMI stochastic uses the basic formulation for a 10, 3, 3 stochastic oscillator found in most charting packages but replaces the closing price of the price bar with the value of the 10-period DMI oscillator. The overbought and oversold levels are different also. They occur at the 10 and 90 levels instead of the more usual 20 and 80 levels. The DMI stochastic is much faster and less smooth than a stochastic based on price. However, it reaches extremes quickly, which allows for timely entries and exits.”

Barbara Star

 

Share this

Risk disclosure:

No information on this site is investment advice or a solicitation to buy or sell any financial instrument. Past performance is not indicative of future results. Trading may expose you to risk of loss greater than your deposits and is only suitable for experienced investors who have sufficient financial means to bear such risk.

ProRealTime ITF files and other attachments : How to import ITF files into ProRealTime platform?

PRC is also on YouTube, subscribe to our channel for exclusive content and tutorials

  1. Vinks_o_7 • 02/12/2019 #

    Thanks a lot Nicolas !

  2. Vinks_o_7 • 02/12/2019 #

    hum…not sure it’s ok though: according to Trader article: “the DMI is a 10 period +DI minus a 10 period -DI). Beside, is it’s a Sto oscillo, why do we have a -1000 or + 2000 level on display on your capture?
    In the article, her DMI Stoc oscillates between 0 and 100: any idea please ?

    • Nicolas • 02/12/2019 #

      You are right, there’s something wrong. It’s late here, I’ll have a better look by tomorrow..

    • Nicolas • 02/12/2019 #

      I think there’s a bug with the stochastic indicator, I made a technical report to PRT, will change the code once it has been revised.

    • Nicolas • 02/12/2019 #

      Code is updated, entirely recoded with the help of another platform program and it is now correct.

  3. Vinks_o_7 • 02/12/2019 #

    Great, thanks a lot Nicolas !

  4. Teddy Coronak • 02/12/2019 #

    Top Nicolas ! Merci

  5. Andyswede • 02/12/2019 #

    Thank’s! Great indicator:)

avatar
Register or

Likes

avatar avatar avatar avatar avatar avatar
Related users ' posts
AntoGH Bonjour peut-on backtester cela ? Et si vous l'avez fait pourriez vous nous donner le code.....
Nicolas désolé c'est un oubli de ma part, tu peux supprimer cette ligne, elle n'est plus utile dans ...
DELBERT Bonjour , Nicolas , merci pour ta réponse , je suis en effet avec PRT 10.3 , et j'ai bidouil...
Nicolas Merci d'ouvrir un sujet dans le forum des screeners en respectant les règles de publication ...
Pensera Bravo Nicolas ! Tu es en quelque sorte l’inventeur de Metascore…(oups je viens de lire jusqu...
Nicolas Dans un but d'investissement pure, et non spéculatif.
superfalcio Hello, on the 2h timeframe I got a better performance in terms of win% and profit factor. I ...
Jiankyr82 Juan thanks for sharing, I had played with it few days, as also try to catch up on my pro-re...
Lespa212 Hi Samsampop, are you using this strategy? did you add a SL and an exit in case of a trend ...
woktrade Superbe !
Vonasi An updated version with a bug fix can be found here: https://www.prorealcode.com/topic/dis...
snucke hey Vonasi is it possible you can help me get this indicator to show how much a market mo...
kbrooks323 Hello would someone be willing to release a scan code for this? that would be helpful as I s...
Nicolas You can do easily this screener by using the assisted creation tool. It would take you about...
kbrooks323 I just figured it out thanks!
Vinks_o_7 Vonasi you're a beast !!! ;-)))
pableitor Amazing indicator , you are pushing PRT to the limit! But looking at the scatter its not c...
Nicolas
3 years ago
KDJ
KDJ
2
Indicators
fireleg79 Bonsoir Nicolas. Merci pour tout ton travail. Quand tu auras le temps pourras-tu jeter un oe...
Sejibi Bonsoir, En remplaçant percentJ = 3 * percentD - 2 * percentK par percentJ = 3 * perc...
Jan Wind Thanks for sharing ! The Gain/Loss ratio is a bit low, 1,16, hardly offset the risks take...
drive whats the period ?
Sapo Thank you very much. as always your indicators are extremely effective. kind regards Vonasi.
mitsu21 Hi, it looks nice. I'll try it tomorrow thank you for your share kind regards bruno
kj1988 Thank you Vonasi for sharing this indicator. Very useful as a comfirmation to the price act...
michaelben Bonjour Nicolas . Je cherche une strategie pour faire du trading automatisé. J'ai essaye ave...
nfulcher Please could someone explain how the following code is calculated:- iDI = TEMA[3](DI[DI2]...
oakenstream Jan, I find sometimes that the priceexit variable is never set. It seems to happen when the ...
Matt66612 I do not understand the first time I launch the backtest I got the same result as you. but ...
Nicolas En effet merci, erreur corrigée, la variable Risk affecte désormais comme il se doit les cal...
nader003 How can we get this indicator on MT4
Nicolas You can ask for private custom coding to our programming services: https://www.prorealcode.c...
AntoGH how did you backtest it ?
PastaPesto @AntoGH , I dont know if you are asking me, but my backtest was made in an IS of 4 years bet...
Ridder @PastaPesto Do you still running this and how is the results? Thanks
dau710 Are the Bulls Blue & the Bears Red?
dau710 Many thanks :)
Maik2404 es sind leider nur long Positionen und keine Short zu erkennen.
Maik2404 Vytautas: es bleibt aber nur bei long Auslösungen
ullle73 this one is not a winner, have backtested it on almost all pairs, does not have an edge
teddy58 Ich habe es mit N= 1,5 und N=2,5 getestet mit 200000 Einheiten. Es funktioniert leider erst ...
Matriciel I use this indicator to help me make a decision when there is a divergence. The divergences ...
Jan Wind Hi, I personnaly am not a big fan of ZIGZAG indicator, as it repaints itself during time. ...
luxrun Good evening Nicholas, I can not see the colors on the line of the moving average, but only ...
Nicolas Yes, you must choose the oscillator that will color the moving average. Example: ONCE UseC...
XXXXVII Excellent indicateur ! Déterminer une tendance est devenu un jeu d'enfants ! Félicitation......

Top