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Traders Dynamic Index

This is a discussion on Traders Dynamic Index within the Trading tools forums, part of the Trading Forum category; Traders Dynamic Index MetaTrader indicator a comprehensive but helpful indicator that uses RSI and moving averages along with some ...

          
   
  1. #1
    Senior Member matfx's Avatar
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    Traders Dynamic Index

    Traders Dynamic Index MetaTrader indicator a comprehensive but helpful indicator that uses RSI and moving averages along with some on-the-fly volatility calculations to offer the trader a full picture of the current Forex market situation. This indicator have sound alerts available. A pdf files from Dean Malone attached here for further reading.

    Input parameters:

    RSI_Period (default = 13) period in bars for calculation of RSI.
    RSI_Price (default = MODE_CLOSE) price type to use in RSI calculation.
    Volatility_Band (default = 34) parameter for volatility band calculation. Can be between 20 and 40. The lower this value is the curvier becomes the band.
    RSI_Price_Line (default = 2) period of the first moving average (fast).
    RSI_Price_Type (default = MODE_SMA) type of the first moving average.
    Trade_Signal_Line (default = 7) period of the second moving average (slow).
    Trade_Signal_Type (default = MODE_SMA) type of the second moving average.
    UseAlerts (default = false) if true then sound alert will be played each time red and yellow lines cross.

    Traders Dynamic Index-eurusdm15_tdi.jpg
    Attached Files Attached Files
    Last edited by matfx; 10-15-2013 at 12:44 PM.
    newdigital, mr.green and zorndyke like this.

  2. #2
    Senior Member matfx's Avatar
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    The chart setup according to synergy trading method by Dean Malone. Template attached.

    Traders Dynamic Index-gbpusdh1_synergy-trading.jpg
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    newdigital and mr.green like this.

  3. #3
    Administrator newdigital's Avatar
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    This TradersDynamicIndex indicator works for MT4 build 600 and above (I installed it on build 646 now) :

    Traders Dynamic Index-eurusd-m5-ibfx-inc.png


    Traders Dynamic Index-eurusd-d1-ibfx-inc.png
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  4. #4
    Senior Member matfx's Avatar
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    Now Traders Dynamic Index (TDI) indicator available for Metatrader 5 platform, coded by earnforex.

    Traders Dynamic Index-eurusdm30.png
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  5. #5
    Administrator newdigital's Avatar
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    Traders Dynamic Index using standard indicators for Metatrader 5
    Template is attached.
    The discussion is on this small mql5 thread.

    Traders Dynamic Index-eurusd-d1-metaquotes-software-corp.png


    Traders Dynamic Index-ltcjpy-d1-metaquotes-software-corp__2.png
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