CodeUltimate TDI indicators thread for MT4

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History

The Traders' Dynamic Index (TDI) indicator first appeared in the early 2000's. It was created by Dean Malone and was only available to Dean Malone's CompassFX subscribers.
Not long after, witty traders and coders were able to debunk the TDI and recreate it so that all traders could start using it.
The indicator was largely popularized by LazyBear from TradingView and also a dear old friend of mine from Forex Factory named Eric aka eelfranz "Big E" with his trading system called Trading Made Simple. Eric sadly passed away a few years ago but traders continue to learn and evolve their trading based off his teachings! The thread is now looked after by a good man named Emmanuel who has been continuing Big E's legacy.

In 2005 the TDI was a revolutionary indicator when it first appeared and to this day is still widely used and customized by traders and coders worldwide.

Although it looks complex, the TDI is basically a simple combination of four indicators packed into one subwindow:
  • RSI (Green line)
  • Moving Average for signals (Red line)
  • Bollinger Bands with a setting of 34 and a Standard Deviation using the Fibonacci golden ratio number of 1.6185 (Blue "Volatility Bands")
  • Moving Average set to 34 (Yellow "Market Base Line") all combined into one sub window.
There have been three official TDI indicators released over the past decade by it's original author, each one tweaked and updated as the years went by:

The Original Traders Dynamic Index (2005)
Replicated below with the RSI
The Synergy Pro TDI (2012)
Replicated below with the RSI
The TDI Pro (2016)
Replicated below with the RSI
One common complaint over the years was that the indicator repainted - which was true and this was a major issue for backtesting as the indicator appeared to be untouchable (like all repainters) but it was hardly an issue if you were taking trades at the "Close" of the candle on higher timeframes such as the 4 Hour, Daily and Weekly charts.

Personally, I've been using this indicator and following it's development years before the first smartphone was even released.

Like many traders, there's something about this combination of indicators that form the Traders Dynamic Index which is ingenious and promising. And if used correctly, it's a gem.

Which official TDI indicator works the best?

The original TDI (2005) works the best for higher timeframes (4H, Daily, Weekly & Monthly) wether you use the original or a non-repainting version such as the TDI RT (Real Time).
For intraday trading and smaller timeframes (1 Hour and below) the TDI Pro (2016) version works the best.

Replicating each TDI for mobile and charts without the TDI installed

Standard TDI (2005)
  • Apply an RSI indicator to your mobile chart with the color set to your background's color (or "invisible" or "none") if you have that option.
    Set the period to "13", Apply it to "Close".
  • 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.
  • Insert another Moving Average indicator 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.
  • Insert the Bollinger Bands indicator into the RSI's indicator window and set that to "34" with a deviation of "1.618", apply it to "First Indicator's Data" and set that line to Blue.
  • Inset one more 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.
Synergy Pro TDI (2012)
  • Apply an RSI indicator to your mobile chart with the color set to your background's color (or "invisible" or "none") if you have that option. Set the period to "10", Apply it to "Typical HLC/3".
  • Insert a Moving Average into the RSI's indicator window and set that period to "3", "Exponential", apply it to "Previous Indicator's Data" and make that line Green.
  • Insert another Moving Average indicator 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.
  • Insert the Bollinger Bands indicator into the RSI's indicator window and set that to "34" with a deviation of "1.6185", apply it to "First Indicator's Data" and set that line to Blue.
  • Inset one more 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.
TDI Pro (2016)
  • Apply an RSI indicator to your mobile chart with the color set to your background's color (or "invisible" or "none") if you have that option. Set the period to "10", Apply it to "Typical Price HLC/3".
  • Insert a Moving Average into the RSI's indicator window and set that period to "2", "Exponential", apply it to "Previous Indicator's Data" and make that line Green.
  • Insert another Moving Average indicator 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.
  • Insert the Bollinger Bands indicator into the RSI's indicator window and set that to "34" with a deviation of "1.6185", apply it to "First Indicator's Data" and set that line to Blue.
  • Inset one more 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.
The three official TDI indicators (non-repainting) for MT4

Below are the three versions of the TDI with the official settings using the base TDI Real Time indicator.


Coders and traders can use the posted indicators above as a base to customize and create their own versions of the TDI.
Thanks to Mrtools for checking over these indicators.

Infographic guide to the TDI

Below is an infographic guide to the Traders Dynamic Index in PDF format (also posted in parts for lower speed connections). The guide includes common techniques used to trade with it, information and a few tips.
Are you looking for a Forex broker? FBS cuts spreads by up to 58%. Click here to begin your trading journey, today.
No commissions are earned by Forex-station.


Guide to the "All Averages" Filters (ADXvma, Laguerre etc.) 🆕
Use Fibonacci numbers for indicator settings + How to draw Fibonacci Extensions
An easy trick for drawing Support & Resistance


TDI indicator for mobile screenshot guide

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Here is how to include the full TDI indicator with Volatility Bands and Market Base Line on your mobile or tablet version of MT4 (or any other platform that doesn't have the TDI).

Screenshot guide: Replicating each TDI for mobile and charts without the TDI installed

Standard TDI (2005)

  • Apply an RSI indicator to your mobile chart with the color set to your background's color (or "invisible" or "none") if you have that option.
    Set the period to "13", Apply it to "Close".
  • 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.
  • Insert another Moving Average indicator 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.
  • Insert the Bollinger Bands indicator into the RSI's indicator window and set that to "34" with a deviation of "1.618", apply it to "First Indicator's Data" and set that line to Blue.
  • Inset one more 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.


Synergy Pro TDI (2012)

  • Apply an RSI indicator to your mobile chart with the color set to your background's color (or "invisible" or "none") if you have that option. Set the period to "10", Apply it to "Typical HLC/3".
  • Insert a Moving Average into the RSI's indicator window and set that period to "3", "Exponential", apply it to "Previous Indicator's Data" and make that line Green.
  • Insert another Moving Average indicator 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.
  • Insert the Bollinger Bands indicator into the RSI's indicator window and set that to "34" with a deviation of "1.6185", apply it to "First Indicator's Data" and set that line to Blue.
  • Inset one more 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.


TDI Pro (2016)

  • Apply an RSI indicator to your mobile chart with the color set to your background's color (or "invisible" or "none") if you have that option. Set the period to "10", Apply it to "Typical Price HLC/3".
  • Insert a Moving Average into the RSI's indicator window and set that period to "2", "Exponential", apply it to "Previous Indicator's Data" and make that line Green.
  • Insert another Moving Average indicator 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.
  • Insert the Bollinger Bands indicator into the RSI's indicator window and set that to "34" with a deviation of "1.6185", apply it to "First Indicator's Data" and set that line to Blue.
  • Inset one more 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.

These users thanked the author Jimmy for the post (total 8):
mucumba, Sutatong, Lodi, BeatlemaniaSA, Jedidiah, berserkyjc, maroka, tvhh94
Are you looking for a Forex broker? FBS cuts spreads by up to 58%. Click here to begin your trading journey, today.
No commissions are earned by Forex-station.


Guide to the "All Averages" Filters (ADXvma, Laguerre etc.) 🆕
Use Fibonacci numbers for indicator settings + How to draw Fibonacci Extensions
An easy trick for drawing Support & Resistance

Re: TDI Indicators for MT4

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mrtools wrote: Sat Aug 26, 2017 8:55 pm Added red(rsi ma signal) cross green(rsi ma) greater or less than Yellow(volatility band middle) to this version of TDI.
Beautiful work mrtools! Thank you.

TDI with Alerts
These users thanked the author Jimmy for the post (total 3):
Lodi, Chickenspicy, Jedidiah
Are you looking for a Forex broker? FBS cuts spreads by up to 58%. Click here to begin your trading journey, today.
No commissions are earned by Forex-station.


Guide to the "All Averages" Filters (ADXvma, Laguerre etc.) 🆕
Use Fibonacci numbers for indicator settings + How to draw Fibonacci Extensions
An easy trick for drawing Support & Resistance

TDI RSX Based Smoothed with Alerts & Lines

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TDI RSX with reversal/entry lines on chart created by Mladen.

Another version has also been posted here by Mntiwana.

These users thanked the author Jimmy for the post (total 3):
Lodi, RodrigoRT7, Jedidiah
Are you looking for a Forex broker? FBS cuts spreads by up to 58%. Click here to begin your trading journey, today.
No commissions are earned by Forex-station.


Guide to the "All Averages" Filters (ADXvma, Laguerre etc.) 🆕
Use Fibonacci numbers for indicator settings + How to draw Fibonacci Extensions
An easy trick for drawing Support & Resistance




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