Re: TDI trendline/fast line discrepancies........it took me a while but I finally found an answer to the issue. I'm finding that there are a few different indicators overlayed and used by others to simulate the Dean Malone TDI original. I've put all of them that I found on my chart and the best combo that I've found for my platform with its given time frame and input from the broker is the following indicators with the following settings forthcoming below. It presents for me a definite touch of TDI trend lines by the fast line where the TDI that I got from compassfx doesn't. Why I don't know, but the compassfx version doesn't. I'm using three RSI lines for my fast line giving an overlay of fast lines to help give a quicker price action reversal signal for me than the original TDI found on compassfx. So, I'm presenting the mock version of the TDI indicator for others that also may have my problem making trend lines match with pennies charts using the original compassfx version.
Indicators and settings:
RSI 8, GREEN
RSI 7, (different shade of green)
RSI 6, (with different shade of green from other RSIs)
Simple Moving Average 8, RED, Apply to previous indicators data
Bollinger Bands, Period 40, Deviations 2, shift 0, Dodger Blue or one of the Turquoise Blues, Apply to Previous Indicators Data
I should mention that I am also using the compassfx version on my chart for improving interpretation of price action. The compassfx version gives a smoothed fast line result where I can use the improv TDI fast lines which are more responsive to price action to find divergence against price action on the mock version with its slightly more frequent and multiple RSI wave reversals. Hope that makes sense. I should also note that I am using the TRIX (4,0), TRIX (5,0), TRIX (6,0), TRIX (7,0) and BB (20,2) overlay indicator for additional price action interpretation along with the TDI versions.
Have a great weekend pennies and all!
