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Custom Trader Dynamic Index (TDI) NT8
Hey guys, I've discovered a custom TDI that can be created without coding. All the indicators are available if you have NT8. Instructions are as follows:
Double stochastics 10 period; Scale justification - right
SUM 3 period; Input series - RSI period 13; Scale justification - overlay
SUM 18 period; Input series - RSI period 13; Scale justification - left
Bollinger; Input series - RSI period 13; Scale justification - right; Period 34, Standard deviations - 2 (Set upper and lower band to transparent to hide or you can leave them if you prefer)
* Best trade set ups for longs is when the 2 SUMs are above or crossing the middle Bollinger band and double stochastic is oversold. The reverse is true for shorts. You can also trade it when fast SUM crosses slow SUM just like other oscillators. It's useful to have it on different time frames and you can adjust the period setting to fit your trading needs. Play around with it and let me know how it works for you!
*The Download is a copy of my indicator template that you'll have to import into your charts or you can follow the instructions to create it yourself.
Category
NinjaTrader 8 Indicators and More
Details:
Custom Trader Dynamic Index (TDI) NT8
Category:
NinjaTrader 8 Indicators and More
December 22nd, 2019
Size: 52.70 KB
Downloaded: 515 times
2148
Snydes112
Comments/ratings
zohar
December 29th, 2019 12:42 AM
thanks for sharing
TradeShine
January 1st, 2020 01:55 AM
Thanks
bobc635
January 3rd, 2020 09:45 PM
Nice Job!
chingus
January 4th, 2020 12:43 AM
Thanks for sharing!!!
Abusamjad91
July 24th, 2021 08:55 PM
thank you
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