this is a blend of my rsiomograph and tdi scripts.
stripping out alot of noise you can pinpoint good calls using this and a couple of my other ones.
line key:
fast rsi = blue
slow rsi = pink
trend = orange
firstly you wait for blue to cross pink, this alerts you of an incoming move (gamblers my trade this)
note: long calls will come from a <50 rsi and short...
thanks to lazy bear for the initial scripting and the below instructions on TDI:
Traders Dynamic Index
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This hybrid indicator helps to decipher and monitor market conditions related to trend direction, market strength, and market volatility .
TDI has the following components:
* Red/Green line =...
script to blend stoch rsi and tdi.
the red/green arrows at the bottom indicate price direction and the red/green x indicate a bullish or bearish crossover (see below for full instructions).
used with the stoch to confirm direction and movement you have an 123 step guide =
1 - stoch curl up/down
2 - price direction up/down
3 - trend direction...
