The TDI is the foundation of the ASFX systems. We use it to spot trends, RSI divergence, and beautiful entries. There are 3 components to the TDI -- the L50, the TL, and the RSI.

The L50 can be used to spot medium-term trend. When the L50 is in a certain zone since the beginning of the day, we know that the bias in the market is clear.

The TL can be used to spot short-term trend. We use the fact the slope of the TL to help us enter cleaner trades.

The RSI can be used to find divergences which may result in a reversal.

The following 3 components are nothing new to the ASFX traders. However, this version brings the RSI (At Open) to the traders as well. The new feature can be used to enter A1 trade (breakout trades) which has to take the RSI at the open into consideration whether it is above/below the L50 and the TL or not.


This can be used with the EMAs to detect trending moves as well.

Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.

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