Didi Index Indicator for MT4 Download – Free – [TradingFinder]

The Didi Index indicator, using two oscillating lines (green and yellow), displays changes in trend strength. Additionally, this trading tool features a middle line that serves as a baseline or equilibrium level.

The variations of these lines relative to one another and their positions in relation to the middle line form the foundation for analysis and trading decisions.

Didi Index Indicator Specifications Table

The specifications of the Didi Index indicator are provided in the table below:

Didi Index Indicator at a Glance

Trading signals in the Didi Index indicator are determined by the positions of the lines relative to the middle line; these positions are described as follows:

• Buy Signal: When the green line is positioned above the middle line, it indicates the formation of an upward trend;
• Sell Signal: When the yellow line fluctuates in the area above the middle line, it signals a downward trend.

Uptrend Signal

Based on the 30-minute chart of AUD/USD, the green line fluctuates above the middle line.

As shown in the chart, once the green line crosses above the oscillator’s midpoint, the trend turns bullish.

Downtrend Signal

According to the 4-hour chart of Solana (SOL) cryptocurrency, the yellow line is positioned above the middle line, indicating a potential bearish trend.

Didi Index Indicator Settings

The following items relate to the settings of the Didi Index indicator:

• Curta: Short-term period for index calculation
• CurtaAppliedPrice: Closing price as basis of short-term period
• CurtaMethod: Simple moving average method for short-term period
• Media: Medium-term period for index calculation
• MediaAppliedPrice: Closing price as basis of medium-term period
• MediaMethod: Simple moving average method for medium-term period
• Longa: Long-term period for index calculation
• LongaAppliedPrice: Closing price as basis of long-term period
• LongaMethod: Simple moving average method for long-term period

Conclusion

The Didi Index indicator, by using 3 moving averages with short term, medium term, and long term periods, identifies entry and exit points in trades.

The main application of this oscillator is in determining crossover moments of the lines as trading signals.