The TDA indicator version 1 is name as Richard Tao Dynamic Analysis.
This is Richard Tao Predictor serials number 7.
Notice: this indicator is good till 2013/6/30.
The first parameter is "N: Number of periods " which defines the periods of trend detector.
The second parameter is "T: Type of strategy" which defines the strategy type.
Strategy 1 to 4 is filtered by trend detector. The sensitivity is on the decrease.
Strategy 5 to 7 is not filtered. The sensitivity is on the decrease.
There are some confusing of signal arrows.
The easy way to read those is the direction of arrows represents the guess of next force.
The boldface is higher possibility than normal.
The vertical angle is higher possibility than diagonal.
The signal hollow arrows recommend that the action of square position rather than open position.
The dashed line STP shows recommended stop level.
The dashed line STD shows slight resistance level which may cause little rebound. if price cross this level, it could turn to be a protective stop level.
The dashed line STE shows recommended step level which is the first target of next force. If price cross this level, it means new trend might began.
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