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Traders Dynamic Index 5 *
Exported using NT Version 7.0.1000.22

The Traders Dynamic Index is a trend following momentum indicator based on the RSI. It was developed and presented by Dean Malone. The Traders Dynamic Index comes with the following ingredients

- the Priceline, which is a SMA(2) of RSI(13)
- the Signalline, which is a SMA(7) of RSI (13)
- the Midband, which is a SMA(34) of RSI (13)
- BollingerBands around the SMA(34) using 1.62 StdDev

Combine some of the following rules to trade:

- go long, if Priceline > 50
- go short if Priceline < 50
- consider an exit, if Priceline is above 68 or below 32
- go long if Priceline > Signalline
- go short if Priceline < Signalline
- exit if Priceline crosses Signalline
- trendfilter long, when Priceline > Midband
- trendfilter short, when Priceline < Midband
- add to long, when Priceline > BollingerBand.Upper
- add to short, when Priceline < BollingerBand.Lower

Detailed rules how to use the Traders Dynamic Index have been published by Dean Malone within the framework of the E.A.S.Y. trading method.

Update March 22, 2014: Overbought and oversold lines added.


Category NinjaTrader 7 Indicators 
 
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Details: Traders Dynamic Index
Category: NinjaTrader 7 Indicators 


March 22nd, 2014
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Keywords: bollinger bollingerbands rsi tdi tradersdynamicindex
Comments/ratings
5 * Bengaltiger January 20th, 2011 10:31 PM
No Comment
5 * DancesWithBears January 22nd, 2011 08:50 PM
No Comment
5 * Southsea January 23rd, 2011 09:17 PM
Thanks so much for the indicator. Could you make a version for NT6.5? Thanks so much! SS
5 * Trafford January 25th, 2011 12:46 PM
FT - Thanks for cleaning up code and making it a useful indie!
5 * Zephyr February 13th, 2011 06:43 PM
Thank you very much! This is an EXCELLENT indicator!
5 * galldg March 17th, 2011 03:41 AM
great indicator, thanks
5 * jangenoegen March 29th, 2011 08:28 AM
thanks voor sharing this great indicator, thanks
5 * revs April 28th, 2011 01:58 PM
Hi, many thanks for this indicator.

Is it possible to add the 32 and 68 lines along with the 50 line?
5 * jrs659 August 9th, 2011 01:00 PM
been looking 4 something like this,,thanks for your time and effort
5 * WuDi August 24th, 2011 09:19 AM
Hi,
Thanks for sharing freely this dynamic indicator.

 
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