CSA 5-Step TDI+

10 Nis 2019

I have found many different scripts from different authers for coding the Traders Dynamic Index and
using differetn methods / principles to color the price lines
All use the same basis to calculate the :
Volatility bands, Price line, Signal line, Market Base line

What is different in this indicator:

The color of the TDI Price Line depends on the conditions:
Price action moving up
green : Priceline is higher then Signal line
lime : Priceline is higher then Signal line AND Priceline higher then Market Base Line
Price action moving down
orange : PriceLine is lower then Signal Line
red : PriceLine is lower then Signal Line AND Priceline lower then Market Base Line

The histogram is based upon : Price Line - Signal Line
the value is plotted in the histogram with the following color coding
positive and more positive then previous bar = dark green color
positive light green color
negative and more negative then previous = dark red color
negative light red color

Bottom Window pane
The arrow up and down is based upon the SMA and the EMA to the close
Up arrow and Lime : EMA higher then previous EMA and SMA higher then previous SMA
Up arrow and green : EMA higher then previous EMA
Down arrow and Red : EMA lower then previous EMA and SMA lower then previous SMA
Down arrow and orange : EMA lower then previous EMA

Upper Window pane
The arrow up and down is based upon the Ichimoku - Conversion line and Base line to the close
Up arrow and Lime :Conversion line higher then base line and Conversion line higher then previous
Up arrow and Green :Conversion line higher then base line
Down arrow and Red : Conversion line lower then base line and Conversion line lower then previous
Down arrow and orange : Conversion line lower then base lien




Reinard Dreesmann
22 march 2019

10 Nis 2019

Sürüm Notları

Updated without BG color

29 Nis 2019

Sürüm Notları

29-04-19
Update color coding mix up
Lime = EMA higher then previous EMA
Green = EMA higher then previous EMA and SMA higher to previous SMA

Prepared indicator for different Trend Options - can now select Ichimoku or none. In future others will be added