Here is the TMS system screener to find entries for the strategy, as discussed on the forum here :
./trading-made-simple-tms-system/
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//TDI indicator //parameters : lengthrsi=13 lengthrsipl=2 lengthtradesl=7 //overbought and oversold values of the TDI indicator upperzone = 60 lowerzone = 40 //heiken ashi xClose = (Open+High+Low+Close)/4 if(barindex>2) then xOpen = (xOpen[1] + xClose[1])/2 xHigh = Max(xOpen, xClose) xLow = Min(xOpen, xClose) endif //indicators r = rsi[lengthrsi](close) mab = average[lengthrsipl](r) mbb = average[lengthtradesl](r) yellowMA = average[5](TypicalPrice) yellowMAshifted = yellowMA[2] //screener conditions longCondition = mab crosses over mbb AND mab<=lowerzone AND xHigh>yellowMAshifted shortCondition = mab crosses under mbb AND mab>=upperzone AND xLow<yellowMAshifted SCREENER [longCondition OR shortCondition] |
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What is the timefram you suggest for this kind of indicator? Only in the 15 minutes?
Thank you
Francesco
Any timeframe possible, this indicator is only an RSI with bands made of standard deviation.
hi do you have the TDI indicator pls..
You can download the TDI indicator here: https://www.prorealcode.com/prorealtime-indicators/traders-dynamic-index-tdi/