TDI - Traders Dynamic Index [SystemAlpha]

Traders Dynamic Index [SystemAlpha] with Divergence

Credits to the original code author LazyBear and modifications by JustUncleL

Sürüm Notları

This is a Traders Dynamic Index (TDI) indicator with Price Action Channel (PAC) integration, designed for trend following and signal generation. It's written in Pine Script version 4 for TradingView.

Core Components
1. TDI Elements

Volatility Band (VB): Blue bands using RSI ± standard deviation
RSI Price Line: 2-period SMA of RSI (green)
Trade Signal Line: 7-period SMA of RSI (red)
Market Base Line: Orange mid-line of volatility bands

2. Key Parameters

RSI Length: 13
Volatility Band Length: 34
Oversold Level: 22 (default)
Overbought Level: 78 (default)

3. Signal Types
Buy Signals (when price > PAC upper):

Strong (yellow): Trade Signal > Market Base Line
Medium (aqua): RSI > Market Base Line, Trade Signal < Market Base Line
Weak (blue): Both below Market Base Line

Sell Signals (when price < PAC lower):

Strong (fuchsia): Trade Signal < Market Base Line
Medium (purple): RSI < Market Base Line, Trade Signal > Market Base Line
Weak (silver): Both above Market Base Line

4. Additional Features

MACD Filtering: Optional filter using MACD histogram direction
Divergence Detection: Regular and hidden bullish/bearish divergences
Heikin Ashi Option: Can use HA candles for calculations
Alert System: Multiple alert types for different signal strengths

Trading Logic
The indicator identifies entry points by combining:

Price position relative to PAC
RSI position relative to signal lines
Candle direction (bull/bear)
Optional MACD confirmation

Best Practices

Trade in direction of main trend
Best signals occur near MACD zero line crossings
Avoid trading during ranging markets (flat MACD)
Avoid wide PAC spreads (high volatility/choppy markets)
Works best on 5min+ timeframes
Recommended for forex pairs and commodities

This is a comprehensive trend-following system that combines multiple technical analysis elements for trade signal generation.

Açık kaynak kodlu komut dosyası

Gerçek TradingView ruhuyla, bu komut dosyasının mimarı, yatırımcıların işlevselliğini inceleyip doğrulayabilmesi için onu açık kaynaklı hale getirdi. Yazarı tebrik ederiz! Ücretsiz olarak kullanabilseniz de, kodu yeniden yayınlamanın Topluluk Kurallarımıza tabi olduğunu unutmayın.

systemalphatrader

process first. profits follow
Access Tools & Ideas 👉 tradecraft.systemalpha.app

Aynı zamanda::

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.

Açık kaynak kodlu komut dosyası

systemalphatrader

process first. profits follow
Access Tools & Ideas 👉 tradecraft.systemalpha.app

Aynı zamanda::