| A | B |
|---|
| Yellow | is the color of the TDI market baseline (MBL) |
| Buying market | MBL above the 50 level |
| Selling market | MBL below the 50 level |
| MKT is staging a steep PB | if the RSI is below 30(oversold), it's a sign that the MKT is staging a steep PB. Don't go short. |
| RSI below 30 | (1) look for buying opportunities, but don't buy blindly (2) look for confluence |
| When it comes to pattern | compare TDI to what the cycle is doing |
| How to Use the TDI | Read Market expectations: (1) price action (1) trend conditions (3) changes in momentum (4) confirm entry and exit (5) look for bullish or bearish divergence |
| Traders Dynamic Index (TDI) | uses the RSI line which is based off of the average of closed candles (determined by your input settings) |
| TDI | (1) best used on HR4 (2) more accurate on HR4 |
| TDI | All in one indicators: (1) uses the RSI line, which is based on the averages of closed candles (determined by your input settings) (2) multiple time frame RSI lines used to view multiple trends on the same indicator (3) the signal line gives us an indication of when to enter/exit a trade (5) the market base line (MBL) reaching oversold/overbought conditions lets us know when a reversal might soon happen. |
| RSI (Relative Strength Index) | (1) is based on the averages of closed candles (determined by your input settings) (2) gives an indication of when to enter/exit a trade |
| MBL | reaching oversold/overbought conditions lets us know when a reversal might soon happen |
| MBL | the market base line |
| TDI | must be in this order (1) MBL -- yellow(3 |
| Red Signal line | (1) must always be in the middle (2) correct order is important because if you're looking for sells, you would prefer it to be under the MKT base line |
| TDI Sell Order | (1) MBL -- yellow (2) the Signal line -- red (3) RSI green line |
| TDI Buy Order | (1) RSI line green (2) RSI red signal line (3) MBL yellow |
| Trade Signal Red line | (1) it will identify entries and exits (2) for a scalping technique, if the price line (green) crosses with the red signal line, you're gonna get into the trade and as soon as they cross again, you're gonna get out of the trade |
| MBL | over 68 indicates it's extremely over bought. When it is below 32, it is extremely over sold. However, MBL, moves slowly and when it is in an overbought or oversold position in the mkt, there is gonna be something pretty big happening |
| Colours In Market Sentiment | (1) green = current price sentiment (2) red = crossover green for entry/exit (3) yellow - overall market sentiment (4) blue bands = show increasing/decreasing volatility |
| The Blue Volatility Band | (1) tells us if there is /isn't volume in the mkt (2) the blue band that the RSI/SI/MBL move between show volatility (6) whenever the bands are tight (bottlenecked), there is not a lot going on and when the blue bands expand you will see pretty decent moves on the charts & in the mkt |
| On the TDI at the bottom of the chart | (1) green line shows what price is doing at the moment; shows mkt sentiment (2) the red will cross over the green indicating entry/exit points (3) the yellow (mbl) line is slow, but anytime the RSI & the signal lines (green/red) are above the yellow line it's in a buyers mkt (4) anytime the RSI/SL are below the mbl line, its a seller's mkt (5) |
| How To Identify Overbought/Oversold with Green line | (1) mkt exhaustion -- green line is above the 68 line (2) positive sentiment -- green line above the 50 line (3) buying seniment -- green line below the 50 line (4) selling exhaustion -- green line below the 32 line |
| The Green line(priceline) | (1) identify mkt sentiment (2) tells when mkt is overbought/oversold (3) above the 68 line is considered overbought -- expect a sell off (4) below the 32 line is considered oversold -- get ready to buy |
| Static Line | (1) is the 50 line on the TDI but that's predominantly during the Asian Range trades |
| How to Identify MKT Reversals with MBL | (1) MBL over the 68 line -- is extremely overbought (2) MBL below the 32 -- extremely oversold |
| MBL Movement | (1) if it's moving sideways (consolidation), nothing is happening |
| RSI/SI Cross | (1) after these two lines cross (upward) signaling an entry; wait for the 2 lines to rise above the MBL before before getting in (2) once the SI & RSI lines get above the MBL, then you in a buy zone (2) same for sells once the SI & RSI cross down wait for them to be below the MBL before entering the trade. (3) with both buy/sell strategy the next SI/RSI cross signals an exit |
