Delorean TDI - Traders Dynamic Index

Traders Dynamic Index (for the Delorean Strategy)
===============================================================
This indicator helps to decipher and monitor market conditions related to trend direction, market strength, and market volatility.

TDI has the following components:
* Green line = RSI Price line
* Red line = Trade Signal line
* Blue lines = Volatility Bands
* Yellow line = Market Base Line

Trend Direction - Immediate and Overall:
----------------------------------------------------
* Yellow line trends up and down generally between the lines 32 & 68. Watch for Yellow line to bounces off these lines for market reversal. Trade long when price is above the Yellow line, and trade short when price is below.

Market Strength & Volatility - Immediate and Overall:
----------------------------------------------------
* Immediate = Green Line -> Strong = Steep slope up or down.
* Immediate = Green Line -> Weak = Moderate to Flat slope.
* Overall = Blue Lines -> When expanding, market is strong and trending.
* Overall = Blue Lines -> When constricting, market is weak and in a range.
* Overall = Blue Lines -> When the Blue lines are extremely tight in a narrow range, expect an economic announcement or other market condition to spike the market.

Note Credit: LazyBear - altered for the Delorean Strategy

Nota Keluaran

Included Highly Sold (30) and Highly Bought (70) metric

Nota Keluaran

Included Highly Sold (30) and Highly Overbought (70) metric, correcting screenshot from previous update.

Nota Keluaran

Updating screenshot.

Nota Keluaran

Corrected mislabeled variable names

Nota Keluaran

Updated Chart Screenshot

Skrip sumber terbuka

Dalam semangat sebenar TradingView, pencipta skrip ini telah menjadikannya sumber terbuka supaya pedagang dapat menilai dan mengesahkan kefungsiannya. Terima kasih kepada penulis! Walaupun anda boleh menggunakannya secara percuma, ingat bahawa menerbitkan semula kod ini adalah tertakluk kepada Peraturan Dalaman kami.

Untuk akses pantas pada carta, tambah skrip ini kepada kegemaran anda — ketahui lebih lanjut di sini.

eldindidic

Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.

Skrip sumber terbuka

Untuk akses pantas pada carta, tambah skrip ini kepada kegemaran anda — ketahui lebih lanjut di sini.

eldindidic