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Directional Movement Index Histogram & Stochastic RSI

5 941
Uses DMI rendered as a histogram & overbought/sold SRSI crossovers to highlight areas of increased likelihood of reversal.


Red dot above histogram - indicates overbought SRSI crossover occurred above the DMI threshold in an upward DMI

Green dot below histogram - indicates oversold SRSI crossover occurred below the DMI threshold in a downward DMI


DMI threshold can be adjusted to eliminate choppy low DMI crossovers (displayed as transparent red zone on the histogram). Set to 0 / -0 to display all SRSI crossovers for that DMI.

SRSI overbought/sold adjustable. Note : it has been offset to align with the histogram (-50 to 50 instead of the standard 0 to 100).

Other settings standard for SRSI etc.

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