On the indicator of TDI, the double moving average is built on RSI, which means that it is a trend system for measuring momentum. Here is a classic usage of TDI. I will show this usage in more detail in the third part. The Bollinger Band is a complex indicator. In simple terms, it can indicate whether the trend continues through the middle direction of the center line, through the width, and whether the market has reached the extreme value through the range.

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In the TDI indicator, we use the midline and range more often. The midline measures the direction of large momentum, while the range measures whether the change in momentum is possible.

And all the trading signals, when you understand the above details, it is very easy to deduce. I will detail some of the trading signals commonly used in TDI indicators in the third part. As we discussed above.

TDI is best known for the intersection of fast and slow lines. When the fast line crosses the slow line, we can use this as an entry or exit point for a directional transaction. Because TDI transactions are calculated based on RSI, it will be more sensitive, which brings several advantages and disadvantages.

The advantage is that the entry price will be very good, the disadvantage is that the continuity is often not very good, and sometimes the frequency of the false signal is too much. When we use this trick, we need to remember that, first of all, even if it is not accurate, it is also a signal generated completely by the computer. Our brain is not good at calculation, we all know it, so once a signal is generated , You need to check your position to check whether it is possible to reverse.

Another thing to keep in mind is that this is a signal for trend trading, even if we do it in a very short period of time, we must also realize that this is actually a signal for trend trading, so when the signal occurs, We have to use the trend mentality to process this signal, even if it is a small cycle trend.

Midline crossing means the intersection of the fast moving average and the Bollinger middle line, which we simply refer to as the midline. I understand this is a big directional signal. First of all, we have to figure out what the midline means. RSI is often classified as a shock indicator, but if we return to its physical meaning, RSI is actually measuring the momentum of the price, so from this perspective, we can understand this way When rsi is greater than 50, we are actually in a long trend.

Of course, the application of this trend depends on what the current time period is. When you know this, when the fast moving average moves up and down through the moving average, it means a big trend change. The market moves from bullish friendly to bearish friendly.

This is the specific meaning of this cross. So when you use this crossover, you can use the indicator feature to make longer mid-line transactions. When uploading the mid-line to confirm long positions, it is simple to confirm the short position through the moving average. This is what I often say. When you understand the principle, you understand the signal.

Only in this way can you fully understand what you are trading in the market. And knowing what you are doing is the first principle of survival or profitability in the market.

Indicators and Strategies

When a divergence occurs, it means that the intensity of the current direction is decreasing. The divergence is the new high of the price, but the index value of tdi has no new high. When this happens, you can consider clearing the long position and adding a part of the short position. The description look in a code. Traders dynamic index tdi metatrader indicator a comprehensive but helpful indicator that uses rsi relative strength index its moving averages and volatility bands based on bollinger bands to offer traders a full picture of the current forex market situation.

Everything here is for free and will be always for free. Our goal is sharing knowledge to help forex traders to do well in the market. Free download of the tdi with alerts indicator by scriptor for metatrader 4 in the mql5 code base. So when you are looking for a tdi indicator for your next trading system you need to make sure you find and use the correct tdi indic!

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