This is new version of The Traders Dynamic Index (TDI) indicator originally designed by Dean Malone.
The what’s new to original one:
I added here multiple timeframe support so you can see higher timeframe on current chart.
Parameters to smooth the indicator to reduce noise.
Alerts with arrows so you can use your time more effective.
Swing trading signals filter
Two trend filters
Four types of signals
Supported Features :
Projectreaper Connect – USER GUIDE
Projectreaer Trend OS Filters – USER GUIDE
Settings :
TimeFrame – timeframe of indicator (current by default)
RSIPeriod – period of RSI line
RSIPrice – price type for the RSI line
BBand- period of bollinger bands
RSISignalPeriod – period of signal RSI line
RSISignalMethod- average method of signal RSI line
TradeSignalPeriod – period of signal Trade line
TradeSignalMethod – average method of Trade line
OverBoughtLevel – Over Bought Level value
OverSoldLevel – Over Sold Level value
IndicatorSmooth – amount of smooth (1-off)
IndicatorSmoothMethod – smooth formula
Signal_Swing_Mode – signals swing mode to catch only opposite signals
Market_Base_Trend_Filter – (OFF , ABOVE_BELOW, ASCENDING_DESCENDING)
Signal_Method :
Standard_RSI_CROSSOVER_MARKETBASE – Buy when red line crossover up market base line, crossover down for sell
Standard_RSI_CROSSOVER_SIGNAL – Buy when RSI line crossover up trade signal line, crossover down for sell
RSI_CROSSOVER_BANDS – Buy when RSI line crossover up top Volatility band, Sell when RSI line crossover down bottom Volatility band
RSI_REVERSE_CROSSOVER_BANDS – Buy when RSI line crossover up bottom Volatility band, Sell when RSI line crossover down top Volatility band
DrawBars – amount of bars to draw indicator data
Alerts
PopupAlert – enable terminal alert windows
SoundAlert – enable sound alerts
ArrowsOnChart – enable draw arrows on price chart
IndicatorArrows – enable draw arrows on indicator sub window
SMSPushAlert – Push alerts to your phone
EmailAlert – Email alerts to your phone
Style
Buy_ArrowColor – color of buy arrows
Sell_ArrowColor – color of sell arrows
Arrows_Width – width of signal arrows
RSI_Line – color of RSI line
SIGNAL_Line – color of trade signal line
Volatility_Lines – color of volatility bands
SIGNAL_Line – color of market base line
You can turn off Signal_Swing_Mode parameter to get more signals
Standard_RSI_CROSSOVER_MARKETBASE signals example
How to install :
1. Download file
2. Unzip archive and copy the MQL4 folder from the archive to your terminal Data folder
3. Restart terminal and apply the indicator to a chart
4. Register a valid email with single time donation or log in with previously registered email address.
5. You can switch your broker account any time you need by logging in with previously registered email address
How to find Data folder :
in the terminal click File menu – Open Data Folder
Good trading!
If you need help
Write down comment or use the feedback button