DMI-ADX Masterclass Manual - EWO Trader

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INDICATOR MASTERY

Course Manual

Directional Movement Index

DMI

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Copyright © 2021 Elliott Wave Options. All rights reserved. Information in this document is subject to change without notice. No part of this publication may be reproduced, stored in a retrieval system or transmitted in any form or any means electronic or mechanical, including photocopying and recording for any purposes other than the purchaser’s personal use, without the written permission of Elliott Wave Options.

Disclaimer DMI Indicator Mastery is published by Elliott Wave Options. Financial Systems Pty Ltd ACN 080 285 801. Before making any investment decision based on analysis performed using DMI Indicator Mastery, an investor should consider, with or without the assistance of a licensed advisor, whether that decision is appropriate in relation to their specific financial situation, goals or needs. In providing this information Elliott Wave Options has not taken into account the investment objectives, financial situation or specific needs of any individual investor. Before making an investment decision on the basis of any analysis performed using DMI Indicator Mastery, an investor should consider, with or without the assistance of a licensed advisor, whether or not the investment decision meets the objectives and financial circumstances of that investor.

For Australian Residents This information is provided by the holder of an Australian Financial Services Licence No 241060 and this information is provided in accordance with the conditions of that licence.

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DMI Indicator Mastery TABLE OF CONTENTS WELCOME TO THE COURSE .............................................................................................................................. 4

INTRODUCTION TO THE DMI ............................................................................................................................ 5

CALCULATION OF THE DMI ............................................................................................................................... 6

DIRECTIONAL INDICATIONS OF THE DMI ......................................................................................................... 7

STRENGTH OF TREND INDICATIONS ................................................................................................................. 8

SIGNALS & INTERPRETATION ......................................................................................................................... 10

MOMENTUM & DIVERGENCE ......................................................................................................................... 12

SUMMARY OF SIGNALS .................................................................................................................................. 14

DMI AS A TRADING SYSTEM ........................................................................................................................... 15

DMI AS A FILTER ............................................................................................................................................. 19

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WELCOME TO THE COURSE

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INTRODUCTION TO THE DMI

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CALCULATION OF THE DMI

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DIRECTIONAL INDICATIONS OF THE DMI

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STRENGTH OF TREND INDICATIONS

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STRENGTH OF TREND INDICATIONS (Cont’d)

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SIGNALS & INTERPRETATION

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SIGNALS & INTERPRETATION (Cont’d)

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MOMENTUM & DIVERGENCE

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MOMENTUM & DIVERGENCE (Cont’d)

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SUMMARY OF SIGNALS

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DMI AS A TRADING SYSTEM

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DMI AS A TRADING SYSTEM (Cont’d)

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DMI AS A TRADING SYSTEM (Cont’d)

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DMI AS A TRADING SYSTEM (Cont’d)

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DMI AS A FILTER

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