(binned per thread starter’s request) Traders Dynamic Index

Binned

Nice to see you here and big thanks for your times and efforts.
Can you please give us some TIPS, how to use it?

Think your indicator is powerful. Having trouble understanding the index register descriptions in the Data Window. For example, the blue line is describe in your first post as RSX, but the description in the indicator window is "rsiPl" which, I assume, is RSI Price Line from Dean Malone. Can you detail the index register assignments please? Thanks for your contribution.

Below image shows the unfamiliar part to some TDI traders, but the rest are pretty basic things on how it can be traded.

Note: If you are new to TDI, please search it on Google and YouTube to get more information.

rsiPl - RSI Price Line
rsiSl - RSI Signal Line
rsiPbl - Price Base Line
bandMi - Market Base Line

Thanks for indi. Much appreciated.

...updated with TDIZ Momentum and with default optimal settings

Hello v2. Have spent a lot of time over the past three days with your TDIZ indi. Have long been a fan of TDI, but the herky-jerky nature of the RSI-Price-Line signal makes it difficult to trade (for me anyway). Your indi solves this problem with the Jurik smoothing, and I believe it provides more reliable and more tradeable signaling.

I have tried to combine various signals from TDIZ with other indicators to produce a composite signal and alert in support of my trading strategy. To do this, as you are certainly aware, one must call TDIZ from a mql4 iCustom call to read the various signals (rsiPl, rsiSl, rsiPbl, etc.) Have done this for 10 years now with other indicators for which the source code is not available, and this has become a necessary part of my trading. Being able to wait for a composite signal that you trust allows one to trade multiple pairs more effectively.

However, the parameter list of the TDIZ indicator is too long for use in a iCustom call. Get a "wrong parameter count" error, and I am quite sure it is due to the fact that the parameter list is 64 parameters in length. I know that you have said in the first post that you do not intend to provide coding support. In the alternative, could you make the source code available? I am interested in changing only the first 4 parameters in the TDIZ list of 64 parameters. Need a "TDIZ_Called" version with only the first 4 parameters in the parameter list. I understand why you might not want to release the source code -- different people have different views of "open source". If yo will not release the source, would you produce a "TDIZ_Called" version with only the first 4 input parameters??

Suspect this is a difficult request. Been trading for 10 years, and really see value in your indicator for my personal trading strategy. Have been having success doing things without TDIZ for the past couple of years, so life will go on if you don't see this as the way to go. Please let me know. I wish you success in your trading in any event. George

Update: Fixed TDI run process.


This option is a multiplier for average pips from last three 1 minute bars, then get the 70% of it and multiply by (default) 2. The resulting value is the number of pips that needs to move before it trigger the TDI indicator process.

On the next indicator update, I will show other options to display the (tick) volume information as well as the TDI bounce.

v2vBoni, you did not respond to my request. Guess that is a "NO". For what it is worth, having 64 parameters in the external parameter list reduces the utility of your great indicator. Are the specification of 9 "Indicator Lines" really necessary? Simply remove them, and your indicator could be referenced in an iCustom call. I will not respond further to your thread. I wish you well. Continue your valuable work.

Hi , What is the interesting on screen indicator in use with weekly pivots, is it showing volume in some form? The TDIZ is awesome in its versitilty.

no... not showing volume. just a pivot.. that one that shows volume is a market profile indicator (hard coded for broker specific only - still unstable)

...just updated with minor fixed with regards to TDI run process

nice... I like RSX on swing trading

Minor update....

1. Added Jurik Filter ( default is OFF )
2. and Filter Type: Value, Price, All ( default is ALL )
3. A much stable version with RSX as default settings

Note: The end result of this indicator will have some type of alerts, but don't expect it will be added soon. Hence, much better to train your eyes on possible price inflection points with this indicator.

enough...thanks v