Traders Dynamic Index Using Standard Indicators
Traders Dynamic Index Using Standard Indicators
Line on your mobile or tablet version of MT4 (or any other platform that doesn't
have the TDI).
1. Insert an RSI with the colour set to your background colour or to "None" if you
have that option.
2. Set the RSI period to "13", Apply it to "Close".
3. Insert a Moving Average into the RSI's indicator window and set that period to
"2", "Simple", apply it to "Previous Indicator's Data" and make that line Green.
4. Insert another Moving Average into the RSI's indicator window and set that
period to "7", "Simple", apply it to "Previous Indicator's Data" and make that line
Red.
5. Insert a Bollinger Band into the RSI's indicator window and set that to "34"
with a deviation of "1.619", apply it to "First Indicator's Data" and set that line
to Blue.
6. Inset a Moving Average again into the RSI's indicator window and set it to "34",
"Simple", apply it to "First Indicator's Data" and set that line to Yellow.