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TAI - Trend Agreement Index

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The TAI is an experimental indicator we created to begin working on a automated trading algorithm. It takes five signals from our indicators and gives a +1 or -1 for each signal depending on if the signal is bullish or bearish.

This indicator should not be used for direct signals, but for confluence in trend. Long periods of flatness at 5 or -5 will indicate a very strong trend in that direction.

The TAI gives 4 different arrows depending on what the trend is doing.

Blue = Uptrend
Red = Uptrend Lost

Orange = Downtrend
Green = Downtrend Lost

This is a free add-on indicator for traders with access to the DBT MoMo
DBT MoMo v.4
and the Oasis Trading Suite
Oasis Trading Suite
and Bundle Package.

For Access or Questions: Private message us. Thank you.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.