Sunday 28 November 2021

Traders Dynamic Index (TDI) indicator

 Traders Dynamic Index (TDI) indicator is a complex indicator that consists of the following indicators:

  1. RSI (Relative Strength Index)
  2. Moving Average  To smooth RSI
  3. Bollinger Bands (BB)  Or in this case we should only refer to them as volatility bands
RSI helps us with:

1.       Trend recognition: trading in the direction of the trend

2         Overbought and oversold entry signals

MA helps us with:

1.       Smoothing RSI


Volatility bands help us with:

1.       Trend straight recognition

2      Trend direction






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