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Traders Dynamic Index Indicator v1 With Alerts

30 USD

Author debarred from selling products

Demo downloaded: 12

Published: 16 October 2021

Current version: 2.0

Traders Dynamic Index Indicator v1 With Alerts

Name: Traders Dynamic Index Indicator v1 With Alerts
Price: 30.00 USD
Author: Bavly Ayman Zaky Boules

Indicators
Bavly Ayman Zaky Boules
Version: 2.0
Updated: 21 October 2021
Activations: 5

Please read the comment section for more introduction about indicator. ( i cant put all lines in here their is limit )

Entry conditions

----------------

Scalping - Long = Green over Red, Short = Red over Green

Active - Long = Green over Red & Yellow lines

Short = Red over Green & Yellow lines

Moderate - Long = Green over Red, Yellow, & 50 lines

Short= Red over Green, Green below Yellow & 50 line

Exit conditions*

----------------

Long = Green crosses below Red

Short = Green crosses above Red

* If Green crosses either Blue lines, consider exiting when

when the Green line crosses back over the Blue line.

IMPORTANT: The default settings are well tested and proven.

---------- But, you can change the settings to fit your

trading style.

Price & Line Type settings:

RSI Price settings

0 = Close price [DEFAULT]

1 = Open price.

2 = High price.

3 = Low price.

4 = Median price, (high+low)/2.

5 = Typical price, (high+low+close)/3.

6 = Weighted close price, (high+low+close+close)/4.

RSI Price Line & Signal Line Type settings

0 = Simple moving average [DEFAULT]

1 = Exponential moving average

2 = Smoothed moving average

3 = Linear weighted moving average

SIGNAL GENERATION:

------------------

The TDI (Traders Dynamic Index)

===============================

Volatility Band High (VB HIGH), color: SkyBlue, buffer: UpZone

Volatility Band Low (VB LOW), color: SkyBlue, buffer: DnZone

RSI PRICE LINE (RSI), color: Green, buffer: MaBuf

MARKET BASE LINE, color: Yellow, buffer: MdZone

TRADE SIGNAL LINE, color: Red, buffer: MbBuf

TRADE SIGNAL2 LINE, color: Aqua, buffer: McBuf, -> has no function for signal generation!

Indicator SignalLevels:

RSI_OversoldLevel : 23 (default: 32)

RSI_OverboughtLevel : 78 (default: 68)

VB_ConsolidationLevel : 20 (default: 20)

Conditions:

===========

Strong Buy: RSI>TRADE SIGNAL LINE && TRADE SIGNAL LINE> MARKET BASE LINE && RSI>RSI_OversoldLevel && RSI<RSI_OverboughtLevel

Medium Buy: RSI>TRADE SIGNAL LINE && RSI> MARKET BASE LINE && TRADE SIGNAL LINE< MARKET BASE LINE && RSI>RSI_OversoldLevel && RSI<RSI_OverboughtLevel

Weak Buy: RSI>TRADE SIGNAL LINE && TRADE SIGNAL LINE<MARKET BASE LINE && RSI< MARKET BASE LINE && RSI>RSI_OversoldLevel && RSI<RSI_OverboughtLevel

Strong Sell: RSI<TRADE SIGNAL LINE && TRADE SIGNAL LINE< MARKET BASE LINE && RSI>RSI_OversoldLevel && RSI<RSI_OverboughtLevel

Medium Sell: RSI<TRADE SIGNAL LINE && RSI< MARKET BASE LINE && TRADE SIGNAL LINE> MARKET BASE LINE && RSI>RSI_OversoldLevel && RSI<RSI_OverboughtLevel

Weak Sell: RSI<TRADE SIGNAL LINE && TRADE SIGNAL LINE> MARKET BASE LINE && RSI> MARKET BASE LINE && RSI>RSI_OversoldLevel && RSI<RSI_OverboughtLevel

HIGH LEVEL CAUTION (Overbought): RSI>=RSI_OverboughtLevel

LOW LEVEL CAUTION (Oversold): RSI<=RSI_OversoldLevel

TrendSignals:

=============

Strong Up: TRADE SIGNAL LINE>MARKET BASE LINE

Weak Up: TRADE SIGNAL LINE>MARKET BASE LINE && RSI<MARKET BASE LINE

Strong Down: TRADE SIGNAL LINE<=MARKET BASE LINE

Weak Down: TRADE SIGNAL LINE<=MARKET BASE LINE && RSI>=MARKET BASE LINE

Consolidation: VB HIGH-VB LOW<VB_ConsolidationLevel

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Ikechukwu Emmanuel Okaro 2021.10.18 10:44 #

User didn't leave any comment to the rating

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Reply from developer Bavly Ayman Zaky Boules 2021.10.21 14:50 #

Hey Dear, im happily to inform you now that i worked on majority of bugs some users faced which lead to indicator unresponsive loading problem. i hope its fixed now you can try the newer update, sorry for this.

Version 2.0 2021.10.21

Bugs Fixed which made some users cant load the indicator on chart