This is a trend trading indicator+alert utilising the Traders Dynamic Index (TDI), Price Action Channel (PAC) and Heikin Ashi candles.
About 6months ago I came across the use of TDI in "E.A.S.Y. Method" that I found in forexfactory forums: www.forexfactory.com
and I was able to set up a chart based on the...
Multi Timeframe TD sequential
- Above candles: The sequential for the time frame you're currently on.
- Below the price: Daily sequential no matter what time frame you're on
- Below price in a label: Weekly sequential no matter what price you're on. (This only shows 7, 8 & 9's not not clutter the chart too much)
- (For a green count) The numbers increase from...
Hi, all. I have studies several indicators and scripts related to Tom Demark sequential indicator and assembled my own script.
This the first version - 01 by 04122018. I will continue to work on it. What the space. You can contact me on Telegram @OITHE.
A Simple indicator combining
4 popular simple moving averages; (8, 21,55, 200)
A tweaked Parabolic SAR which is indicated by a series of dots starting near previous support & resistance points
Support & resistance points which are indicated by red and green horizontal lines
A simplified version of the TD sequential. Only including the countdown phase...
Similar to my last TDI but was made with the ability to select different bases for both EMAs / BBs.
Only viable bases as far as i have seen are SMA / EMA / KAMA the rest would need much more research.
Mainly graphical changes for my layout + added coloring for all signals that came to my...
This script is for research purposes. I have used the older RSI calculation (not the TV function) and added the possibility to not use only classic RMA for the RSI calculation but up to 17 different MAs. Added BBS basically TDI and Divergences from Libertus. Happy hunting and if you find something useful dons hesitate to share it :)
Script looks for divergencies on TDI. Divergencies are created by fast MA. First divergence leg has to be outside of volatility bands. After that, fast MA has to cross middle of volatility bands and then create second leg. When second leg is created, there have to be two candles with the same color in the direction of divergence.
Alerts are supported.
This indicator looks for situations when fast MA crosses slow MA in TDI and this cross has to be in volatility bands. When this happens, it looks for 1. or 2. or 3. bar that closes above/below ema20.
When fast MA crossover slow MA, indicator looks for 1. or 2. or 3. bar closed above ema20. When fast MA crossunder slow MA, indicator looks for 1. or 2. or 3 bar...
The Traders Dynamic Index(TDI) is a trend, momentum and volatility indicator. The TDI is comprised of a standard Relative Strength Index(RSI) line, but also includes an RSI signal line, Bollinger Bands of the RSI and adjusted horizontal overbought/oversold levels. This version of the TDI offers the ability to color the RSI line based on RSI momentum. This...
To add this indicator to your charts:
Click the 'Add to Favorite Scripts' button down below this description.
This indicator places BUY and SELL tags on the chart using the Trader's Dynamic Index Indicator created by Dan Malone. This indicator is RSI based and is best used with ranging markets and will tend to create a trail of false signals (colored tags) when...