An indicator that changes the background color based on trend strength. (Titan_DMI_Trend)
Background Color Changes Based on Trend Strength
This indicator determines the trend status using DMI values, classifies it into five categories, and displays it using background colors.
When multiple charts are displayed, you can instantly check the trend status at a glance.
Trend Determination Criteria
- Strong Uptrend: +DI is above -DI, and +DI is 30 or higher
- Weak Uptrend: +DI is above -DI, and +DI is 20 or higher but below 30
- No Trend: Both +DI and -DI are below 20
- Strong Downtrend: -DI is above +DI, and -DI is 30 or higher
- Weak Downtrend: -DI is above +DI, and -DI is 20 or higher but below 30
※This indicator is compatible only with the Windows versions of MT5 and MT4 from TitanFX.
Indicator Terms of Use
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1.The indicators and related descriptions are based on various data believed to be reliable, but their accuracy and completeness are not guaranteed.
2.The data displayed by the indicators do not guarantee your investment results. Also, the displayed content may vary due to market conditions and communication environments.
3.Please make investment decisions using indicators at your own risk. We are not responsible for any disadvantages or damages arising from the use of indicators.
4.Specifications of the indicators are subject to change without notice. Changes will be announced on the indicator description pages, etc.
5.Indicators should only be used by customers who have downloaded them. Transferring or selling the indicators to third parties is prohibited.
Indicator Settings
Settings in the "Inputs" Tab (for MT5) / "Parameter Input" Tab (for MT4)
| Variable Name | Description | Default |
|---|---|---|
| Period | Specifies the target period. | 14 |
| Strong Uptrend Color | Selects the background color for a strong uptrend. | MediumBlue |
| Weak Uptrend Color | Selects the background color for a weak uptrend. | SteelBlue |
| No Trend Color | Selects the background color when there is no trend. | Black |
| Weak Downtrend Color | Selects the background color for a weak downtrend. | PaleVioletRed |
| Strong Downtrend Color | Selects the background color for a strong downtrend. | 150,52,94 |
Settings in the "Colors" Tab (for MT5) / "Color Settings" Tab (for MT4)
This indicator does not use this setting.