Traders Dynamic Index (TDI)

Category: volatility, momentum, trend

A comprehensive indicator blending RSI, Moving Averages, and Volatility Bands (Bollinger-style) to identify market sentiment, trend strength, and potential reversals.

Formula

RSI = RSI(RSI_Period, RSI_Price); 
RSI_Price_Line = SMA(RSI, RSI_Price_Line); 
Trade_Signal_Line = SMA(RSI, Trade_Signal_Line); 
Market_Base_Line = SMA(RSI, Volatility_Band); 
VB_High = Market_Base_Line + (StdDev * StdDev(RSI, Volatility_Band)); 
VB_Low = Market_Base_Line - (StdDev * StdDev(RSI, Volatility_Band));

Inputs

• RSI_Period (default: 13)
• Volatility_Band (default: 34)
• StdDev (default: 1.6185)
• RSI_Price_Line (default: 2)
• Trade_Signal_Line (default: 7)
• UpperTimeframe (default: PERIOD_CURRENT)

See signal primitives and every published strategy that uses Traders Dynamic Index (TDI) on WOBR StrategyVerse.