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DSI - Depth Strength Index

Description:
The DSI consists of three primary components:
Mid-Term Line (MTL): Captures medium-term price movements over a 50-candle period, optimized for swift response to trend changes.
Long-Term Line (LTL): Analyzes price extremes over a longer period of 500 candles, providing a comprehensive view of long-term trends and stabilizing signals by filtering out short-term fluctuations.
Volume-adjusted RSI: Enhances the traditional Relative Strength Index (RSI) by incorporating volume data, improving the detection of bullish and bearish divergences.
Functioning:
MTL: Utilizes price extremes over 50 candles to identify medium-term trends.
LTL: Analyzes price extremes over 500 candles to identify long-term trends and stabilize signals.
Volume-adjusted RSI: Incorporates volume data to provide more accurate signals of market forces.
Application of MA: The MTL and LTL are recalculated using Moving Average to enhance signal clarity and reduce lag.
Advantages:
Increased Responsiveness and Precision: Adapts to various market conditions and enhances signal relevance for different trading strategies.
Noise Reduction: The application of MA helps clarify market trends, reducing false signals.
Visual Usage Guide:
Accelerating Trend: MTL crossing above LTL indicates increased momentum in the trend.
Trend Weakening: MTL crossing below LTL suggests the current trend is losing strength.
Reversal Trade Opportunity: MTL trending while LTL remains flat indicates potential for reversal, suggesting MTL may align with LTL soon.
Volatile Sideways Market: Conflicting directions between MTL and LTL signal a volatile, sideways market.
The DSI consists of three primary components:
Mid-Term Line (MTL): Captures medium-term price movements over a 50-candle period, optimized for swift response to trend changes.
Long-Term Line (LTL): Analyzes price extremes over a longer period of 500 candles, providing a comprehensive view of long-term trends and stabilizing signals by filtering out short-term fluctuations.
Volume-adjusted RSI: Enhances the traditional Relative Strength Index (RSI) by incorporating volume data, improving the detection of bullish and bearish divergences.
Functioning:
MTL: Utilizes price extremes over 50 candles to identify medium-term trends.
LTL: Analyzes price extremes over 500 candles to identify long-term trends and stabilize signals.
Volume-adjusted RSI: Incorporates volume data to provide more accurate signals of market forces.
Application of MA: The MTL and LTL are recalculated using Moving Average to enhance signal clarity and reduce lag.
Advantages:
Increased Responsiveness and Precision: Adapts to various market conditions and enhances signal relevance for different trading strategies.
Noise Reduction: The application of MA helps clarify market trends, reducing false signals.
Visual Usage Guide:
Accelerating Trend: MTL crossing above LTL indicates increased momentum in the trend.
Trend Weakening: MTL crossing below LTL suggests the current trend is losing strength.
Reversal Trade Opportunity: MTL trending while LTL remains flat indicates potential for reversal, suggesting MTL may align with LTL soon.
Volatile Sideways Market: Conflicting directions between MTL and LTL signal a volatile, sideways market.
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受保護腳本
此腳本以閉源形式發佈。 不過,您可以自由且不受任何限制地使用它 — 在此處了解更多資訊。
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。