TradingView
Cryptos_Scrooge
Jun 21, 2020 8:58 AM

TDI - Traders Dynamic Index [CryptosScrooge] 

USD/CADOANDA

Description

Hello everyone ,

TDI as we all know is "Trader dynamic index" , developed by Dan Malone. This indicator is widely used in Market maker trading strategy . I have seen many variant of this script with different settings but in my indicator the settings are as per Market maker guidelines , so those who are using BTMM strategy can directly apply this on there chart and start trading . Those who don't trade BTMM but use TDI can alter there default setting form the menu and use as per there strategies.

One of the way in which i use it is , i use to find divergences at supply or demand preferably and then when price close below Market base line (Yellow) it gives me confirmation that trend is now shifted and then i will take my Buy or Sell trades .

I hope this indicator would be useful for you.

Peace!!.
Comments
cwalters002
Hi there

How do i load the TDI on my Tradeview?

Kind regards
Clayton
Cryptos_Scrooge
@cwalters002, Hey mate ,

just click in this indicator as you do for any other indicators present in TV and it will load automatically

Hope this will help
More