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thinkorswim Rules for TDI Indicator posted by Eric 2017-01-19

Addition to the TDI indicator posted by Eric

  1. Kevin C Kettring
    After reading Dr Alexander Elder's book "Trading for a living" He's
    big on the idea of 5 bullets to a clip. If you are a scalper and who doesn't like
    to scalp, he doesn't scalp, If you have to think you are dead.

    I found an article written by the late Mark Douglas. A big fan of traders,
    who was kind enough to leave us with a rule based trading based on the
    TDI indicator that Eric scripted for us.

    I have posted a chart share of my set up and scripted the rules to alert
    you for trade signals and reversals. Give it a test run and whatever system
    you like to use keep it simple like Dr Elder does. I pondered the addition of the squeeze and that would have violated 5 bullets to a clip.

    I would be interested in any feedback if this helps your trading.


    lookn4moola likes this.

Recent Reviews

  1. Janet
    Version: 2017-01-19
    Thanks, Kevin. I downloaded the study a long time ago and never even saw the Mark Douglas PDF. He's my hero. This spells everything out that we need to know.
  2. hanhj
    Version: 2017-01-19
    This is Great. Thank you for sharing.
  3. ddemann
    Version: 2017-01-19
    I love the work but the labels for the trade setups dont work. Did you update? Thanks for the work.
  4. tonylipton
    Version: 2017-01-19
    I had errors in the easy study which caused the trading labels to not show. trenddown color was misspelled, missing a d. the short trade label was colored trendup, s/b trenddown.

    what is the reason for the add to short using ml, when the add long uses ul?


  5. alkohn
    Version: 2017-01-19
    could you re send your sharing please
  6. TraderRenn
    Version: 2017-01-19
    Great post!