The TDI Direction Change Indicator is an oscillator that determines the entry point to the market for placing trades, taking into account the values of the RSI (Relative Strength Index), the trading signal method and the main market method.
The TDI Direction Change indicator determines the change in the direction of the market movement.
It has the following properties:
- Combining the values of the RSI, the trading signal method, and the main market method.
- Drawing lines in a separate window.
- Displays the up arrow just before the beginning of the downtrend.
- Displays the down arrow just before the beginning of the uptrend.