MAX SAHAM ADX with DI Max Saham's ADX line with D+ & D-
ADX is used to quantify trend strength.
When the D+ (+DMI) is dominant and rising, price direction is up.
When the D- (-DMI) is dominant and rising, price direction is down. But the strength of price must also be considered.
Uses Wilder's MA to get a more accurate ADX reading as compared to SMA.
Also added the green background to indicate the trend and also dots to indicate bull and bear crossing of the DMI's
Maxsaham
MAX SAHAM PUKATMax Saham Pukat converts price to Gaussian normal distribution and signals when prices move significantly by referencing recent price data. Information provided by the Max Saham Pukat can help identify reversals or big changes in asset pricing.
Ultimately, this indicator can be used to determine trends and underscore key price moves within said trends.
Removal of 2 levels and slight modification to the lower line was done to make this indicator works well with others.
How To Use
Buy Signal when Orange line crosses up the blue line.
Sell signal is otherwise, when orange line crosses down the blue line.
Reference line to indicate common support and resistance level.
