CSA 5-Step TDI+

10 thg 4, 2019

I have found many different scripts from different authers for coding the Traders Dynamic Index and
using differetn methods / principles to color the price lines
All use the same basis to calculate the :
Volatility bands, Price line, Signal line, Market Base line

What is different in this indicator:

The color of the TDI Price Line depends on the conditions:
Price action moving up
green : Priceline is higher then Signal line
lime : Priceline is higher then Signal line AND Priceline higher then Market Base Line
Price action moving down
orange : PriceLine is lower then Signal Line
red : PriceLine is lower then Signal Line AND Priceline lower then Market Base Line

The histogram is based upon : Price Line - Signal Line
the value is plotted in the histogram with the following color coding
positive and more positive then previous bar = dark green color
positive light green color
negative and more negative then previous = dark red color
negative light red color

Bottom Window pane
The arrow up and down is based upon the SMA and the EMA to the close
Up arrow and Lime : EMA higher then previous EMA and SMA higher then previous SMA
Up arrow and green : EMA higher then previous EMA
Down arrow and Red : EMA lower then previous EMA and SMA lower then previous SMA
Down arrow and orange : EMA lower then previous EMA

Upper Window pane
The arrow up and down is based upon the Ichimoku - Conversion line and Base line to the close
Up arrow and Lime :Conversion line higher then base line and Conversion line higher then previous
Up arrow and Green :Conversion line higher then base line
Down arrow and Red : Conversion line lower then base line and Conversion line lower then previous
Down arrow and orange : Conversion line lower then base lien




Reinard Dreesmann
22 march 2019

10 thg 4, 2019

Phát hành các Ghi chú

Updated without BG color

29 thg 4, 2019

Phát hành các Ghi chú

29-04-19
Update color coding mix up
Lime = EMA higher then previous EMA
Green = EMA higher then previous EMA and SMA higher to previous SMA

Prepared indicator for different Trend Options - can now select Ichimoku or none. In future others will be added