TDI Conditional Signaling Histogram (Only when TDI has crossed the Signal Line and above the MBL)
I've converted the RSCross indicator in a previous post into a histogram, (an idea I saw from Mr Tools). Makes sense and it's nice to view. MTF with choice of timeframes.
You need to use zero.ex4 indicator to place it into the chart, otherwise it can go over some other indicator. Often when there's ambiguity it's the higher timeframe that helps to work out which way price is ultimately going.
In the picture above, you can see how the indicator showing M15, H1 and H4. They are all matching at the entry point.
The yellow squiggles are me showing my bread and butter trading, the M and W patterns off the TDI. (coming off the sharkfin then second leg inside the bands). As per the method rules the second leg needs to cross both the MBL and the signal line.
I use the cci to filer false second legs.
There are two yellow squiggles, one showing higher timeframe support and the other not so... and you can see which one is the stronger to trade.
This is scalping format on the M1. Note how the timeframes worked together and a beautiful momentum took place. No doubt other traders will find other suitable patterns.
When the planets align YEAH.
Additional versions and indicators
Below are additional versions and work on this indicator: