Damiani indicator | Forex Factory

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Damiani indicator

  • #1
  • First Post: Nov 21, 2007 11:46am Nov 21, 2007 11:46am
How does the Damiani indicator work again?
Lets say Green crosses Grey from above = Sell? or is it when Grey crosses Green from above = Sell? then opposite for Buy.

Thanks
24 hours in a day – 24 bottles of beer in a case – Coincidence? I think not
  • #2
  • Nov 21, 2007 9:31pm Nov 21, 2007 9:31pm
To my understanding, green above gray indicates a trend (whether up-trend or dwn-trend) & gray above green indicates a ranging mkt.(side-ways mkt).
Hope that helps.
Sid
  • #3
  • Nov 22, 2007 6:35am Nov 22, 2007 6:35am
Quoting yendis70
To my understanding, green above gray indicates a trend (whether up-trend or dwn-trend) & gray above green indicates a ranging mkt.(side-ways mkt).
Hope that helps.
Sid
Oh, I see, I thought it was like the DMI or QQE indicators.
Thanks
24 hours in a day – 24 bottles of beer in a case – Coincidence? I think not
  • #4
  • Nov 22, 2007 4:18pm Nov 22, 2007 4:18pm
I'm a novice at forex-----I use DMI as a trend strength indic. & I don't know what a QQE indic. is. Damiani is a trend/range indic.
Sid
  • #5
  • Apr 1, 2013 8:03am Apr 1, 2013 8:03am
I have been using Damiani but would like to get a description of how it actually work Can anyone tell me a site where i can get an explaination
  • #6
  • Last Post: Apr 22, 2021 7:58pm Apr 22, 2021 7:58pm
Quoting matrixebiz
How does the Damiani indicator work again? Lets say Green crosses Grey from above = Sell? or is it when Grey crosses Green from above = Sell? then opposite for Buy. Thanks
The damiani indicator is a volatility strength indicator that measures how strong the trend is. if the green is above the grey, you are okay to trade the pair, no matter if it is up or down. If the grey is above the green, that means that you are in a range and should not enter a trade. I hope this helps.
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