TD_I – indicator MetaTrader 5

Fig. 1. TD I, period 8, shift 1
The TD_I indicator (Thomas DeMark Indicator) is a modified version of the standard DeMarker Indicator by Thomas R. DeMark. The range of values ​​is from 0.0 to 100.0 instead of the standard 0.0-1.0. Additionally, a shift was introduced: instead of comparing current bar’s High/Low with the previous bar’s High/Low, this indicator uses current bar’s High/Low … Read more