Trader’s Dynamic Index (TDI) Explained
What is TDI?
A hybrid indicator developed to indicate market conditions related to trend direction, momentum, and market volatility.
An “all-in-one” indicator representing Market Sentiment!
RSI Price (Green) Line
Green > 50 = Positive sentiment … (Buyers buying)
Green < 50 = Negative sentiment … (Sellers selling)
Trade Signal (Red) Line
Rules: Trade Long when Green > Red.
Trade Short when Green < Red.
Exit trade when Green & Red crossover.
Market Base (Yellow) Line
Rules: Market Base Line (MBL) is the Overall Trend.
Trade Long when Green is > Yellow line.
Trade Short when Green is < Yellow line.
Volatility Band (Blue) Lines:
Possible to add to a Short when Possible to add to a Short when RSI PL is < VB.
Consider exit when Consider exit when RSI PL crosses back over crosses back over VB.
How Are the Lines Calculated?
RSI (Green Line) is the Relative Strength Index line calculated using the RSI Period. This is available as an in-built indicator in MT4.
Check out the detailed calculation formula here:
TSL (Red Line): It is the Moving Average of past RSI values.
Volatility Bands (Blue):
MBL (Yellow Line):
Check out the TDI Scanner Dashboard:
Dean-Malone-E.A.S.Y.-Trading-Method.pdf (80 downloads) SYNERGY_Basic_2012.pdf (75 downloads)