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Saturday, February 05, 2011 9:44:18 AM
You're very welcome, Joan. The TDI is one of my absolute favorites.
Besides the basic function of the red and green indicators, the yellow indicator (Market Base Line) also tells us a great deal. For example, if you go back and look at the 15 minute chart history, the market base line moves relatively slowly. That means if it's moving upward overall, then the overall trend is up. Same thing with a downslope. Also, green above red and BOTH above the market base line indicates a strong LONG trend. Red above green and BOTH below the market base line indicates a strong SHORT trend.
The more you study the TDI, the more goodies and tricks you'll find that it has to offer.
Besides the basic function of the red and green indicators, the yellow indicator (Market Base Line) also tells us a great deal. For example, if you go back and look at the 15 minute chart history, the market base line moves relatively slowly. That means if it's moving upward overall, then the overall trend is up. Same thing with a downslope. Also, green above red and BOTH above the market base line indicates a strong LONG trend. Red above green and BOTH below the market base line indicates a strong SHORT trend.
The more you study the TDI, the more goodies and tricks you'll find that it has to offer.
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