TDI Direction Change Indicator

Indicator TDI Direction Change Indicator - an oscillator that determines the point of entry into the market for the placement of transactions, taking into account the value of RSI (Relative Strength Index - Relative Strength Index), the method of trading signal and the method of the mainstream market.

The parameters for the calculation of the indicator:

1. RSI Period - RSI period 13 bars


2. RSI Price - the price of RSI, the closing price


3. RSI Signal Period - RSI period signal 2 Bar


4. RSI Signal Method - RSI signal method, Simple


5. Trade Signal Period - the period of the trading signal, 7 bars


6. Trade Signal Method - the method of trading signal, Simple


7. Market Base Period - the period of the primary market, 34 bar


8. Market Base Method - the method of the mainstream market, Simple


9. Arrow Size - the size of the arrows 1, arrows dimensions are adjusted up and down.


10. Up Arrow Color - the color of the up arrow, yellow, the color of the up arrow is adjusted.


11. Down Arrow Color - the color of the up arrow, sky blue, the color of the up arrow is adjusted.

Indicator TDI Direction Change determines the change in the direction of market movement.

It has the following properties:

• Sharing RSI values, method of trading signal and the method of the mainstream market.


• Drawing lines in a separate window.


• Display of the up before the start of a downtrend.


• Showing the down arrow just before the start of the upward trend.

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