Traders dynamic index interpreter
Posted: Fri May 06, 2011 1:24 pm
The indicator interprets values of the Traders dynamic index indicator and shows the lines of trend, exit signals and convergence/divergence of the volatility band.
Please refer to the Traders dynamic index indicator for the description of the interpretation rules.
The trend/entry signal is a green line. When the line turns to positive, the long entry signal appears. When the line is positive, there is up trend. When the line turns negative, the short entry signal appears. When the is negative, there is down trend.
The exit signal is a red line. When the line is positive, the long exit signal appears. When the line is negative, the short exit signal appear.
The volatility band line is a blue dotted line. When the line is positive, the volatility bands diverges. When the line is negative, the volatility bands converges.
(Click on the image to enlarge it):
Download indicator:
Please download and install the new version of the Traders dynamic index indicator. Follow the link below to find the indicator url=http://fxcodebase.com/code/viewtopic.php?f=17&t=2069
Please refer to the Traders dynamic index indicator for the description of the interpretation rules.
The trend/entry signal is a green line. When the line turns to positive, the long entry signal appears. When the line is positive, there is up trend. When the line turns negative, the short entry signal appears. When the is negative, there is down trend.
The exit signal is a red line. When the line is positive, the long exit signal appears. When the line is negative, the short exit signal appear.
The volatility band line is a blue dotted line. When the line is positive, the volatility bands diverges. When the line is negative, the volatility bands converges.
(Click on the image to enlarge it):
Download indicator:
Please download and install the new version of the Traders dynamic index indicator. Follow the link below to find the indicator url=http://fxcodebase.com/code/viewtopic.php?f=17&t=2069