Currency strength expresses the value of currency. For economists, it is often calculated as purchasing power, while for financial traders, it can be described as an indicator, reflecting many factors related to the currency; for example, fundamental data, overall economic performance (stability) or interest rates.
The method used in this indicator is its...
In order to detect DMI trend earlier, lines are colored in red or green, and the timing to invert the colors is adjusted.
If both lines are red, that indicates a selling trend, and if they are green, a buying trend.
Gentoku DMI is tuned for BTCFX and it reacts relatively faster than other oscillators.
It can be used with a slow-reacting oscillator, like the MACD, JYA!