Traders dynamic index indicator4/5/2024 You are probably familiar with this indicator but in case you want a more in depth explanation, read this article: Relative Strength Index – Old School is Good School! The Green line is a Relative Strength Index (RSI). For more info on Bollinger Bands, check out this article: Bollinger Bands©: The volatility tool Notice the two Blue lines which tend to contain all the others – these are volatility bands, similar to Bollinger Bands. The indicator, as I said, has a lot of lines that might look like spaghetti at first so let’s start with a picture and I will explain using that picture: Although all the complicated lines are still there, now I look at it differently and I understand its usefulness. When I first came across this indicator, many people were using it with success but I couldn’t wrap my head around it and I found it too complicated, with too many lines and mixed signals. As the title suggests, we are going to talk about the Traders’ Dynamic Index or better known as the TDI. I’m not going to lie to you, this one is complicated, so you’d better get a cup of coffee. Wrapping It Up – Using TDI For Different Types Of Trading.
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