TDI Indicator

raders Dynamic Index (TDI) – it's a composition of Relative Strength Index, Bollinger Bands and Moving Averages. The BB shows the strength and direction of the trend, RSI — keep relative strength and MA — price filter that neglects noises. Each of them has a good practice in strategies for a standalone and simultaneously using. Especially for our case their combination could be a great approach to spot and follow the market.

According to indicator's lines positions, buy signal appears when the Price line is above the Signal line and above the middle BB line, sell signal – when the Signal line is above the Price line and middle BB line.