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TDI Indicator Explained

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TDI Indicator Explained

The Traders Dynamic Index (TDIindicator was designed by Dean Malone for assessing the market state and finding trade signals. The TDI is a complex indicator as long as it is based on three other popular indicators: the RSI, Moving Average, and Bollinger Bands.

The RSI lines are smoothed out by the Moving Averages.

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