This indicator, along with the TDI indicator: , can offer trusted signals to enter and exit.
and just can be used as a complete trading system.
You can send your feedback and comments to my email address: firstname.lastname@example.org
TDI (Traders Dynamic Index) is based on a standard RSI indicator, determining the strength of the current trend and the speed of price changes. To smooth the lines, an algorithm of moving averages is applied and Bollinger Bands are used to estimate the amplitude of oscillations.
just TDI (Traders Dynamic Index) alone can be used as a complete trading...
This is an excellent indicator thanks to the code author LazyBear!
I have modified to a more appealing colors visually representing market condition.
Uptrend/Sell: Uptrend above Orange line, Sell potential area.
Downtrend/Buy: Downtrend under Orange line, Buy potential area.
I have modified by adding previously unrecognized upper and lower...
May 2018, Traders Dynamic Index Overlay Indicator ( Free Indicator )
The Full 'TDI' Complementary Overlay for all securities. FOREX, BITCOIN (CRYPTOCURRENCIES), STOCKS, etc.
This is the overlay of Traders Dynamic Index updated in my knowledge to optimal settings.
Added an "Xtreme" Phaser for noticing major moving average/trendline breakouts.