# Triple Function Indicator

TripleFunctionIndicator (TFI) is meant to be a daytrading system that give good results on a 10 minutes graphic. Especially its a combination of three 3 Indicators namely the SMI The CCI and the RSI indicator. As you can see on the graphic,, even on an overbought situation, given by DemarkIndicator  it do work. The classic limits for each indicator are repected.

For SMI  +40 and -40

For CCI  +100 and -100

For RSI  70 and 30.

Finally each Indicator give 3 results if there is a condition fullfilled or not and none of the two.

The total result is calculated and as only 3 possibilities  namely +3 ;+1 ; -1 and -3.

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?

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1. • 02/05/2020 #

I need help to understand this.
When to buy ? When to sell ?
How this indicator must look like ?
Once I make your code with the indicators i only have lines that i can’t understand.
Thank you for Sharing and for help

• • 02/05/2020 #

I can understand that it is a little bit confused. Therefore some more explanation: The Indicator is correct (for values 17 for n and 5 for m ) but I have posted the backtest results instead of the indicator vieuw.(sorry)
I shall try to post a graphic, that will explaine a lot.
In fact TFI is an indicator concist of tree classical indicators, who are testest all three. The result is “Yes” or “No” “Yes” equals (+1 ) No” equals (-1) If all three the indicators are “Yes” , we are in a bull fase and contrairely 3 times “No” is a bearish result.
If you take the sine of the arctangent of the result, then the results are:
Yes,Yes,Yes (+3)
Yes, No Yes (+1) also :(No, Yes, Yes (+1) and Yes, Yes, No(+1) )
No,No,No (-3)
Yes,No,No (-1) and so on
For the sin(atan( Value) there are only for results:
1) Strong Trend +3 (0.94868)
2)Strong Trend -3 (-0.94868)
3) Minor trend +1 and -1 (0.70711 and -0.70711 resp.)
Thats it. For the rest is watch and see.

2. • 02/05/2020 #

thanks very interesting 🙂

3. • 02/05/2020 #

Compilation by sinusoid concept is very interesting. Thanks

4. • 02/05/2020 #

Hi Zigo can you make backtest from this indicator

5. • 02/05/2020 #

Good evening I would like to understand why it doesn’t work for me.
Rosary

6. • 349 days ago #

Hello,
I would like to comment that observing the logic of the variables of the three indicators, it is likely that in line 5 the result of the SMI variable should be <-40

Perhaps it would also be logical to give a value "0" to ZLS1, ZLS2, ZLS3, when the value of the three indicators is not in the margins defined for +1 or -1

7. • 190 days ago #

Good morning,
there is no mistake about the shorts
c11=SMI[14,3,5](close)>-40

• • 190 days ago #

has to be c11=SMI[14,3,5] < -40
(indeed)

• • 186 days ago #

Thank you 😉 Zigo

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