Trend Direction & Force Index (TDF Index)

v10.3
Trend Direction & Force Index (TDF Index)

TDF can range from -1 to 1 and thus indicate the direction of the trend. The most convenient way to present graphically the two indicators as a histogram.

In periods of consolidation ratios take very low values ​​close to zero as a rule, do not exceed the value of 0.05 (and -0.05 for TDF), which have set arbitrarily as horizontal lines signal. Rate accelerates rapidly to higher values ​​when the period ends and the current fluctuations of horizontal movement is a good chance to become a permanent trend. I assume that as long as the pointer moves above the signal line and do not come down to the low value of less than 0.05 in at least two bars trend continues. So the descent rate below signal line for a NC post and return to higher values ​​should be interpreted as a temporary weakening trend and further assume that it exists. Not before rate remains below 0.05 for at least 2 bars, we can consider that the market is likely to begin to move in a horizontal trend.

In addition, we can assess the strength of the trend, depending on the value of the index – the index reaches one trend is strong (-1 for TDF is a strong downward trend) and generally values ​​above 0.6 should be so interpreted. When the rate of decline should be considered because it means that the trend is losing its momentum.

(description found on the web).

 

Share this

Risk disclosure:

No information on this site is investment advice or a solicitation to buy or sell any financial instrument. Past performance is not indicative of future results. Trading may expose you to risk of loss greater than your deposits and is only suitable for experienced investors who have sufficient financial means to bear such risk.

ProRealTime ITF files and other attachments : How to import ITF files into ProRealTime platform?

New! PRC is also now on YouTube, subscribe to our channel for exclusive content and tutorials

avatar
Register or

Likes

avatar avatar avatar avatar avatar avatar avatar avatar
Related users ' posts
KarlBenjamin Thankyou so much Nicholas! Hopefuly this is the last piece of the puzzle. Many thanks!
Juan Gonzalez Que buen contenido! No tienes alguno que me permita operar Order Flow? Gracias
Demon Bonjour, je n'ai pas téléchargé le code mais je l'ai lu et comme je ne comprenais pas la con...
Vivien René Tout a fait demon, cela depend de ce que tu recherches personnellement je ne souhaite enlev...
Oxxoz Re bonjour Vivien, Il me smeble que 3 mois, c'est 60 séances. Cordialement,
ncattin76 Bonjour Vivien, peux tu me dire si ton screener est utilisable dans toutes les UT ?
XXXXVII Fixed ITF Trend Background //Indicateur CCI ID2 = CCI[50] => 60 ID3 = CCI[100] => 60...
Sanglier thanks ! i have been looking forward to find something like this
Screw27 Hi man, I installed the indicator and i don't know why but my graph it is so big
HelixKing sounds interesting I'll take a look
Darren Nash Thanks Souhail, in the end i just copy/paste the logic with variables and it works. I rem...
Darren Nash One thing to note also for DOW trading if using IG, change the buy/sell qty from 1 to 2
mostafa samady How can I optimize it for DAX 30? Thanks!
born2trading hello Nicolas, sorry for off-topic question, but can you tell me what kind of indicator you ...
Nicolas Not an indicator but an option in PRT v11.
Screw27 Salut nicolas j'aimerais savoir tes résulats grace a cettte methode
pyhrus Pourriez-vous nous proposer une version adaptée pour PRT V13.0 , ou nous préciser les instr...
pyhrus Erratum : je veux parler de la version V10.3 , bien sur ...
pyhrus P.S : IG , que j'ai contacté ,m'indique que la version V11 , ne sera pas disponible avant un...
Nicolas Bien sûr, pourquoi pas ?
ribes65 Bonjour Nicolas, Merci pour votre travail. Est-il envisageable de créer un screener pour ...
Nicolas Bien sûr, merci de formuler une demande dans le forum des screeners pour prorealtime. En res...
Nicolas Poni qui la tua domanda se è correlata a questo indicatore, altrimenti apri un nuovo argomen...
PhilipSchultz Hi Nicolas, can i backtest this indicator? And if so, how do i do it? I have tried, but don´...
Nicolas Sure, use the forums to create a new topic to ask for it Please respect the posting rules ...
Nicolas How to import file page: in the help section of the website explains howto
kenssa import through the indicator page/window in the Proreal time
chicoteca Buenas, no consigo que se me muestre en el chart de DAX. ÂżCĂłmo procedo? Gracias.-
Jan Also the variables on top ( var1 0-69 and var2 0-69), those variables are needed to determin...
Jan It might be a good idea to reduce the average to 15 instead of 30 to reduce market noise eff...
oliverkeim Hello, Please can you help. I use 10.3 and are not able to set the strategy live. "Folgend...
Stockastiss Can this code be simply transferred into Backtestingcode so one doesnt need to use call ? (i...
Vonasi Sorry for the late reply. Add the code to your strategy and remove line 5 and line 39. Chang...
Canis Majoris Hi , Helpful indicator ...
leofi https://www.prorealcode.com/topic/simple-average-with-visual-color/
leofi Go visit www.prorealcode.com/topic/simple-average-with-visual-color/ and watch 2em post
Dritan Hi,I am new on Prorealtime and coding.I downloaded the indi but I have it on a separate wind...

Top