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Traders Dynamic Index v.3 & Chande Dynamic Moment Index v.1


Asteris

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Hi boys and girls.

 

I attach you the Traders Dynamic Index Ver.3, which I wrote.

The new TDI needs also Chande Dynamic Moment Index, which I also wrote and I think you cannot find elsewhere except in this forum.

 

The zip file includes 2 indexes:

1) TDI with RSI case like FX-c-om-pass initial one but also includes CCI, WPR and CDMI.

2) CDMI which is Chande Dynamic Moment Index.

 

Now, you can have 4 different indexes for verification by loading 4 times in the same chart the same index.

 

You can receive them by changing WPR_1_RSI_2_CCI_3_CDMI_4 to 1 for WPR, to 2 for RSI, 3 for CCI and 4 for CDMI.

 

CDMI or Chande Dynamic Moment Index is an adaptive RSI index.

 

If you like it give me few Kudos. It does not have any cost. :-??

 

http://www.4shared.com/file/147431105/9756453c/TDIv3.html

 

The "Bollinger bands" are not exactly bands but standard deviation limits inside which statistically the prices can move.

 

We have one late smoothed RSI, one fast and one bit faster. Thats all.

 

In this new indicator, I repeat the same for CCI, WPR and CDMI.

 

You can use also your own custom indicators inside TDI against of them. :)

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Re: Traders Dynamic Index Ver.2 NEW

 

Dear Mr. Yarman

 

I just changed the link on the top of the topic.

 

In Pall-a-da there is a Pair strength indicator.

 

CDMI can be used against RSI in this indicator.

 

Then you can receive a new indicator like this one

 

http://www.4shared.com/file/148924993/e18cb04d/IPS.html

 

which you can use in correlation trading systems.

 

You have to use a lot of them for many pairs to be sure.

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Re: Traders Dynamic Index v.3 NEW & Chande Dynamic Moment Index

 

Dear Mr Yarman

 

The Version 2 has been updated to Version 3 which needs CDMI index to run.

 

I did that against to open one more thread...

 

I wrote and CDMI index, which is also included in the attached zip file.

 

Please read first post. :)>-

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Re: Traders Dynamic Index v.3 NEW & Chande Dynamic Moment Index

 

TDI loads internally CDMI and creates the usual band like picture.

 

If you want you can load and separately CDMI for other reason as it is better than usual RSI.

 

I tried to find CDMI in many forums but nothing ... So, I wrote it.

 

I cannot upload a picture because of limits from Administration of Forum.

 

I hope we will not see this index commercial one day as I have found worst than this one to be sold expensively =))

 

The fun is that they had and mistakes inside code!!!

 

I received many things in this forum so it was my turn ... :)>-

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Re: Traders Dynamic Index v.3 NEW & Chande Dynamic Moment Index

 

TDI loads internally CDMI and creates the usual band like picture.

 

If you want you can load and separately CDMI for other reason as it is better than usual RSI.

 

I tried to find CDMI in many forums but nothing ... So, I wrote it.

 

Many thanks!

 

Being a newbie, it would be great if you could please be so kind to provide -

 

(1) effective settings,

(2) currency pairs,

(3) time frame

(4) information on how to use it for entry and exit

 

Many thanks once again in advance!

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Re: Traders Dynamic Index v.3 NEW & Chande Dynamic Moment Index

 

Part 1

-----------

 

TDI Ver.3 is used as the Traders Dynamic Index which is demystified...

 

About the use of case 2 of Traders Dynamic index (RSI) you can find a lot of free information in this forum, as I found.

 

You have to remember that in all cases 1,2,3,4 of my TDI index we have:

 

a) The central curve one which is a very smoothed and larger period curve of the other two, which are small and smaller period curves of the same index, which in each case (1,2,3,4) is different (WPR, RSI, CCI or CDMI)

 

b) The extra two curves which look like Bollinger bands are Support/Resistance levels defined from a standard deviation multiplied by a factor 1.61.

 

TDI can be used in all frames but in larger I think is better. As I made this index recently I am not sure which combination of parameters is better.

 

In order to use TDI, you just have to remember the standard behavior of RSI, WPR, RSI, CCI and CDMI.

 

CDMI is an adaptive RSI and more sensitive than RSI. It gives signals earlier than RSI. It is a very important index.

 

Against of the use of these 4 indexes and others can be used like Statistical RSI, Stochastic index, Trix, Laguerre etc.

 

I think it is relatively easy to do it.

 

 

Part 2

--------

Yarman

 

I already use the recommended parameters inside CDMI. You can use it like RSI.

Remember it is faster than RSI and divergence works well as in all oscillators.

 

 

VERY IMPORTANT

------------------

 

As traders, we have to use as much more complicate indicators based on new mathematical approaches.

 

Brokers enjoy with changes by 1 pip to change the trend behavior of all indexes at the critical point of entry.

 

This is simple as they know at which indexes most of traders are based...

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