sharp vision traders
Enhancing Your Trading Experience
Didi Index (TOS)
- Categories: Indicator, ThinkOrSwim
- Tags: Moving Average
- Type: Free
The Didi Index indicator for ThinkOrSwim is based on three moving averages. It is typically used to help spot market reversals.
Named after Odir Aguiar (Didi), the Didi index is based on three moving averages: short, medium and long-range moving averages. The buy/sell signals are based on standard crossover. There are two curves produced from this (“LongA” and “CurtA”) and a middle line curve:
- When “LongA” crosses above “CurtA” from the bottom then this is a buy signal.
- When “CurtA” crosses above the “LongA” curve then this is a sell signal.
- Trade this when near the middle line for best results.
With this indicator, the user will have the option to modify the period of each moving average and determine the moving average method to be utilized.
Did Index Features:
- Custom data input.
- Fully adjustable period for every internal component of the indicator.
- Fully adjustable moving average for every internal component of the indicator.
- Option to include a shade for easy identification of signals.
Review the screenshots for setup options.
Click here for a list of all of Thinkorswim's downloads.
Screenshots
Media