Trend Direction and Force Index (TDFI)

Category: trend, momentum

Measures trend intensity and direction by calculating the divergence between a Moving Average and its smoothed counterpart, cubed by the average momentum.

Formula

TDF = \text{Smooth}\left(\frac{(MA - \text{SmoothedMA}) \times (\Delta MA + \Delta \text{SmoothedMA})^3}{\max_{window}(|TDF|)}\right) - \text{dead\_zone} \text{ where window is } 3 \times Period\

Inputs

• trendPeriod (default: 20)
• trendMaType (default: ma_ema)
• trendPrice (default: pr_close)
• SmoothLength (default: 20)
• SmoothPhase (default: 0)
• dead_zone (default: 0.05)

See signal primitives, usage in published strategies and more on WOBR StrategyVerse.