Trend Direction & Force Index (TDF Index)

v10.3
Trend Direction & Force Index (TDF Index)

TDF can range from -1 to 1 and thus indicate the direction of the trend. The most convenient way to present graphically the two indicators as a histogram.

In periods of consolidation ratios take very low values ​​close to zero as a rule, do not exceed the value of 0.05 (and -0.05 for TDF), which have set arbitrarily as horizontal lines signal. Rate accelerates rapidly to higher values ​​when the period ends and the current fluctuations of horizontal movement is a good chance to become a permanent trend. I assume that as long as the pointer moves above the signal line and do not come down to the low value of less than 0.05 in at least two bars trend continues. So the descent rate below signal line for a NC post and return to higher values ​​should be interpreted as a temporary weakening trend and further assume that it exists. Not before rate remains below 0.05 for at least 2 bars, we can consider that the market is likely to begin to move in a horizontal trend.

In addition, we can assess the strength of the trend, depending on the value of the index – the index reaches one trend is strong (-1 for TDF is a strong downward trend) and generally values ​​above 0.6 should be so interpreted. When the rate of decline should be considered because it means that the trend is losing its momentum.

(description found on the web).

 

Share this

Risk disclosure:

No information on this site is investment advice or a solicitation to buy or sell any financial instrument. Past performance is not indicative of future results. Trading may expose you to risk of loss greater than your deposits and is only suitable for experienced investors who have sufficient financial means to bear such risk.

ProRealTime ITF files and other attachments : How to import ITF files into ProRealTime platform?

PRC is also on YouTube, subscribe to our channel for exclusive content and tutorials

  1. Jiacky • 10/16/2017 #

    mma = average[per,1](close) should be mma = average[per,1](close * 1000). Otherwise TDF will shoot way over +-1 for some currency pairs.

avatar
Register or

Likes

avatar avatar avatar avatar avatar avatar avatar avatar avatar avatar
Related users ' posts
Iván
3 weeks ago
Madrosat Bonjour ivan Quelle différence il y a t il entre Extra trend et ultra trend lequel est le p...
MaoRai54 dear Ivan, it seems to be very interesting but please clarify what are all the lines I see i...
Iván Hi! you have the answer in the last line of code... MacdMiddle as "histo" style(histogra...
kats Le Top , a utiliser avec le nuage violet et alerte TN pour plus de précision.
roccafragius Hello Ivan, very good job! May I ask you to translate teh script from TradingView named Tre...
Iván Hi! yes. You can ask for it here: https://www.prorealcode.com/free-code-conversion/
roccafragius Thank you so much Ivan! I created this request in english Translate from TradingView Indicat...
Regisnew très bel indicateur merci
Jean2139 Bonjour Yvan, Merci pour ton indicateur que je trouve très intéressant. Je suppose que tu ...
Suffi Hier eine kleine Korrektur: //-----Inputs-----------------------------------------// MALengt...
kats Bonjour, J'ai une question etes vous trader? Je m'explique , j'ai téléchargé tous les indi...
Faisalx Hola Ivan. Thanks for your great job. I would appreciate if you have look at my request http...
roccafragius Thank you for all these useful information!! Very great job Ivan! THank you so much
geroniman Merci Ivan, super travail. On peut toujours compter sur toi pour apporter des innovations su...
Stenozar Ciao mi restituisce errore line 1; forse è perchè utilizzo la versione 11 ? in questo caso d...
Stenozar Ciao IVAN , mi da errore per la riga 49 "print tema low"; puoi suggerirmi la modifica da met...
Iván Avete provato a scaricare il file .itf?
Iván Allora crei un nuovo post. Lo aspetterò.
Stenozar Ciao Ivan, ho inserito il post con la richiesta di traduzione. Se puoi vedere, grazie!
Iván perfect!
kats BONSOIR c bon merci j ai trouve ce weekend merci de votre reponse cdlt
the_giorgio Hi, nice work I would like to understand something about prorealtime code. With your ...
Iván Hello. When you use the drawcandle() instruction then in the configuration window you add ...
Gaspare Ciao Ivan si puo' inserire una strategia su questo indicatore per ottimizzare le variabil...
Iván
8 months ago
Iván Si lo descargas e importas en tu PRT verás que se han creado las variables para luego config...
WhyAskOZ Hi, Ivan As always you are doing great coding. The code works on my PRT, however the issu...
Iván You can delete in the last line (return) the configuration for color. Delete coloured(xx,xx,...
Bernard13 (Je réécris mon commentaire -français- en français car certains mots ne correspondaient pas ...
Iván 1000 indicateurs !!! brutaux
Lean Me parece muy buen indicador, y se complementa muy bien en mi sistema, ¿podrías crear un scr...
Iván Gracias! Para el screener sólo tienes que copiar el indicador y poner como condición de búsq...
Lean Muchas gracias Iván, ya lo he podido crear.
lee Thank you!
Doddge Hola Iván, ¿sería posible crear un screener que indique cuándo las velas coloreadas del indi...
RTR Ivan thank you for the pro-screener. I a trying to understand how to write the signals from ...
Iván Hi, Lines 62 and 63. These lines define buy and sell conditions.
Iván Hi You should delete from the indicator code all drawing functions and all variables not us...
Iván I've created a screener to show [longcondition or shortcondition]
Chrisinobi Hallo Ivan, Danke das ist Perfekt !! Kannst du bitte in der Screener-Bibliothek die itf. hoc...

Top