Directional Movement Index Plus Fisher Price Action With Labels
How To Use
If the green line is above the red line and the background is colored green, there is more market buying than selling. If the red line is above the green line and the background is colored red, there is more market selling than buying.
If the lines are painted green, the price action is trending up. If the lines are painted red, the price action is trending down.
Bullish & Bearish Labels
There is also a label on the right side that tells you whether there is more buying or selling. This table updates in real time and changes colors so you can get an easy, quick interpretation of the current buy/sell pressure without having to look at the indicator data so you can make faster decisions on whether to enter or exit a trade.
Green means more market buying than selling. Red means more market selling than buying. Blue means an equal amount of market buying and selling.
Try using numerous indicators of ours on your chart so you can instantly see the bullish or bearish trend of multiple indicators in real time without having to analyze the data. Some of our favorites are our Auto Fibonacci, Buy Sell Pressure Volume Profile, Momentum, Auto Support And Resistance with Wick Signals or Money Flow Index in combination with this Directional Movement Index + Fisher Transform. They all have real time bullish and bearish labels as well so you can immediately understand each indicator’s trend.