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Traders Dynamic Index is an MT5 indicator built on the RSI. It plots an RSI line, a signal line, a volatility band and a base line in a subwindow to help you read direction, momentum and volatility.
Get one message the moment it launches, with its price.
Traders Dynamic Index (TDI) is an MT5 indicator that builds on the relative strength index and draws several related lines in a separate window below the price chart. It is meant to help you judge short-term direction, momentum and volatility from a single panel rather than from several separate oscillators.
The indicator starts from an RSI calculation and then adds smoothed and banded versions of it. Four elements are shown:
When the green line sits above the red line, short-term momentum is pointing up. When the red line is above the green line, momentum is pointing down. A cross between the two is the event many traders watch for a change in direction. The yellow base line tends to move between roughly the 32 and 68 levels, and some traders watch for reactions near those areas as possible turning points. Price action above or below the base line is often used as a simple long or short bias filter.
A steep slope on the green line suggests a strong move, while a flat slope suggests a weak or sideways market. A widening blue band points to a trending, active market. A narrowing band points to a quieter, ranging market. A very tight band can precede a sharp move, for example around scheduled news, although it does not show which way price will go.
The indicator works from price data, so it can be attached to any symbol and timeframe in your MT5 terminal, including forex pairs, metals, indices and others your broker offers. Lower timeframes produce more crossovers and more noise. Higher timeframes give fewer, slower readings. Test your chosen combination before relying on it.
The inputs control the RSI calculation and the smoothing of each line. Exact names and default values can differ, so open the Inputs tab after attaching the indicator and review them.
| Input | Purpose |
|---|---|
| RSI period | Number of bars used in the base RSI calculation |
| Applied price | Price type fed into the RSI, such as close |
| Volatility band period | Length used to build the blue band |
| RSI price line smoothing | How strongly the green line is averaged |
| Trade signal line smoothing | How strongly the red line is averaged |
The indicator does not place orders. If you write your own expert advisor, you can create a handle with iCustom, pass the same inputs you use on the chart and read the buffers with CopyBuffer. A common approach is to compare the green and red line values on the last two closed bars to detect a cross. Check the buffer order in the Data Window first.
Trading carries risk, and past results do not predict future ones. Indicator signals can be wrong, especially in ranging or news-driven markets. Test any approach on a demo account and size positions according to your own risk limits.
| Product type | Indicator |
|---|---|
| Platform | MetaTrader 5 |
| Strategy focus | Signals, Trend, Momentum |
| Delivery | Download from your account after purchase |
| License key | Not needed |
| Status | Launching soon |
| Category | Indicator (not an expert advisor) |
| Strategy tags | Signals, trend, momentum |
| Markets | Any symbol available in your MT5 terminal |
| Timeframes | Any chart timeframe, from M1 to MN |
| Display | Separate subwindow with four plotted elements |
| Requirements | MT5 desktop terminal with price history for the chart |
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No. It only draws lines in a chart subwindow. You decide whether to act on what it shows, or you can read its buffers from your own expert advisor, which is a separate piece of code.
This listing is for MetaTrader 5 only. An MT5 indicator cannot be loaded in MT4, so check that your terminal is MT5 before you buy.
It calculates from the price history in your terminal, so it should load on any broker's MT5 account and on any symbol with enough history. Check that your broker supplies sufficient bars on the timeframe you want.
There is no single best set. Start with the default inputs, then adjust the periods on a demo account or in the Strategy Tester's visual mode for the symbol and timeframe you trade. Check the Inputs tab for the exact parameters.
Call it with iCustom, passing the same input values you use on the chart, then copy the buffers you need with CopyBuffer. Confirm the buffer order in the Data Window or the indicator's input list before coding your logic.
Like most RSI-based tools, the latest bar updates until it closes, and the smoothed lines react after price moves. Test it on historical and live charts, and prefer closed-bar values if you need stable readings.
Traders Dynamic Index
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