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Forex Traders Dynamic Index (TDI) MQ4 Trading Indicator and Template


Traders Dynamic Index (TDI) MQ4 Trading Indicator and Template – TDI is based on a standard RSI indicator, determining the strength of the current trend, or if you like, the speed of price changes.

Trading NOTES

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To smooth the lines, an algorithm of moving averages is applied and Bollinger Bands are used to estimate the amplitude of oscillations.

  • Time Frame: M30 or higher
  • Currency Pairs: EURUSD, GBPUSD, USDJPY, EURJPAY, AUDUSD, and USDCAD

 

MetaTrader Trading Indicator
  • Traders Dynamic Index

 

BUY Rules


  • TDI:  The green line > Red line > Yellow line

 

SELL Rules

  • TDI:  The green line < Red line < Yellow line

 

Trading NOTES
  • Although the TDI is mainly used by Forex traders, I believe it could be even better for Binary Options because all we need with binaries are a few pips of movement.

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READ  MACD SCALPING & SWING Trading Strategy With Bollinger Band Filter

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