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TRD indicator...
Raff
Fixed Trix, and MTF Trix...
Have fun...
Raff
TRD as turn finder
Raff:
Thanks for the trix--very nice indicator.
Trend Deviation (TRD): A moving average of volume is divided by another, and a smoothed rate of change.
I drew in divergence turns this indicator called on the chart you attached. This looks really useful to me. What we have right now doesn't do that.
Thru
Another example
You can download eval copies of the software that has the TRD and play with it (it's a web applet setup). I put the TRD on a couple charts and compared to MACD. If it really is volume-based, it represents another way of anticipating market moves. Would be sweet to have this for MT4.
Hi Hula...
MTF trix should look like this...
There are more than one arrow becouse one section = higher timeframe one bar...
Raff
#MTF trix is showing up like this for me--see chart.
Wow soo many new toy now adays Thanks Ruff . I try to understand how to impleman it all together , what I get is the TRD neet more line like ofer bought and sold . Some picture for eazy understanding inda better way . What you guys think ?
One more . So it is some kind of extension of over bought and sell .Cheers
#MTF trix is showing up like this for me--see chart.
Well it seems the same in my chart
#MTF trix is showing up like this for me--see chart.
It's maybe something in the setting, well this is mine