This indicator Have Been written by Dean Malone. The code of this indicator has been translated to many trading platforms as Tradestion, Nija Trader, FX Station, Metatrader 4 and Metatrader 5.

This is an indicator used by many forex traders because it is both an indicator of trend, momentum and can also be used as an indicator of inversion. Therefore, you can define the Traders Dynamic Index , due to its characteristics, a leading indicator.

This indicator uses some of the most powerful indicators such as the RSI as well as other types of calculations to determine the trend and momentum of the pairs.

This indicator gives you the current situation of the pair you put it on and let you know whether we are in a bull or bear situation. Although this indicator can be used standalone, it is advised that you use other confirming indicators together with it. The Indicator Parameters are as follows: Relative Strength Index Period 13, close — the period in bars for calculation of RSI indicator.

The lower this value is the curvier becomes the band.

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Relative Strength Index price Line period 2 — the period of the first moving average fast. When to Go Long You can open a BUY position when the following happens: Green line is above red line 2.

Both Green and Red line are above Yellow line 3.

When to go Short You can open a SELL position when the following happens: Red line is above Green line 2. Both Red and Green lines are below Yellow line. Do not enter trade when the Blue lines bands are too narrow as it shows little volatility in the market. My hat off to Mr Malone! Admin Thursday, 02 April Justin Chung Wednesday, 01 April Helmut Monday, 21 October Forextradingstrategiesresources Sunday, 20 October This indicator is designed to work even on time frame of 5 min.

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I think the best time is: Helmut Saturday, 19 October Hi Buddy , thanks for explanation. This indicator can be used also in M5? Neuro Trend Forex Prediction. Kaufman with ABC Pattern Trading System. Trade Assistant how to use. Snake Borders Trading System.

Heiken Ashi Trend RSI Trading System. Fisher Inverse Trasform of RSI Trading System. Trend Signal Trading System.

Bufu trend trading system. Traders Dynamic Index how to use. XSupertrand MTF Trading System.

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Traders Dynamic Index indicator Metatrader 4. Traders Dynamic Index Indicator metarader 4. Traders dynamic Index Cloud with Bollinger Bands.

Trader Dynamic Index cloud. Traders Dynamic Index cloud. Forex Signals Neuro Trend Forex Prediction Kaufman with ABC Pattern Trading System Trade Assistant how to use XPMA Trading System Snake Borders Trading System Heiken Ashi Trend RSI Trading System Fisher Inverse Trasform of RSI Trading System Gann Forex System Gann Signal systems Trend Signal Trading System Bufu trend trading system Traders Dynamic Index how to use XSupertrand MTF Trading System.

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