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Traders Dynamic Index (TDI) for Amibroker (AFL)

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Tags:
amibroker, oscillator

Traders Dynamic Index (TDI) is one of then most simple yet effective 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. This indicator can use sound and visual alerts. It is available for MT4, MT5, and cTrader.

Now this is ported for Amibroker

Use the red and green crossover to enter the postions

Yellow line can be considered as the general direction of the market

Screenshots

Indicator / Formula

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Apply the TDI indicator to the price chart

PlotGrid(32, colorWhite, styleDashed);
PlotGrid(68, colorWhite, styleDashed);
PlotGrid(50, colorWhite, styleDashed);
m = StochK(13,3);
a = DEMA(m,2);
b = MA(a,7);
bh = DEMA(a,34)+2*(StDev(a,34));
bl = DEMA(a,34)-2*(StDev(a,34));
bm = (bh+bl)/2;

Plot(a, "", colorGreen, styleThick,StyleNoLabel);
Plot(b,"TDI", colorRed,styleThick, StyleNoLabel);

Plot(bm,"", colorYellow, styleThick, StyleNoLabel);

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