This overlay indicator plots a Supertrend from an ATR length and factor, four exponential moving averages, and a selectable VWAP or TWAP taken from a chosen timeframe on the price chart. It also shows MACD and stochastic with adjustable lengths, smoothing, ver
Indicator · Pine Script v4 · On the chart
My TDI B/S BTC 1D
This indicator calculates custom Traders Dynamic Index (TDI) conditions on the price chart using a 30-period Relative Strength Index (RSI), volatility bands, and fast/slow RSI moving averages.
GitHub stars10on the repository
Pine versionv4older, still runs
Lines of code30
Settings3inputs
LicenceNone stated
Last update5 years ago13 Jul 2021
Add It to Your TradingView Chart
- 1Copy the scriptPress Copy script above. It reads the file straight from GitHub.
- 2Open the Pine EditorOpen a TradingView chart and choose Pine Editor at the bottom of the screen.
- 3Paste over the templateCreate a new indicator, select all of the template text and paste. Press Save and give it a name.
- 4Add it to the chartPress Add to chart, then adjust the settings with the gear icon next to its name.
Source Code
The code stays on GitHub. The author has not published this script under an open licence, so ForexR does not show its code. Copy script reads the file straight from GitHub into your clipboard, so you can still try it on your own chart. Ask the author before reusing the code anywhere else.
Overview
My TDI B/S BTC 1D plots green buy labels below bars and red sell labels above bars when previous RSI crosses customizable thresholds alongside volatility band criteria and price direction confirmation. Designed primarily for daily Bitcoin analysis, key settings include the RSI period, buy low trigger, and sell high trigger.
- Traders Dynamic Index signal generation
- Custom RSI period and trigger thresholds
- Volatility band filtering with standard deviation
- On-chart buy and sell shape labels
Details
Published by
davro on GitHub
Type
Indicator, Pine Script v4
Draws
On the price chart
Category
Oscillators & momentum, Volatility & bands, Moving averages
Markets
Crypto
Timeframes
H4 and above
Risk Notes
No repainting, lookahead or stacked entries were found in its code or README. That says nothing about how well it works: test it first.
Settings
The inputs you can change from the gear icon on the chart. Defaults are the author's.
| Setting | Type | Default | Variable |
|---|---|---|---|
| BTC 1D RSI Period | int | 30 | rsiPeriod |
| BTC 1D Buy Low trigger | int | 36 | buyLow |
| BTC 1D Buy Low trigger | int | 82 | sellHigh |
Third-party code. ForexR did not write, test or endorse this script, and the summary above was generated automatically from its code and README. Indicators describe the past, and a strategy's backtest can look better than live trading, especially when a script repaints. Check it in the Strategy Tester and on a demo account before you rely on it.
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