TMS Arrows signal indicator. It is based on three indicators: Heiken Ashi, Stochastic and Traders Dynamic Index.

The indicator has eight configurable parameters:

  • TDI RSI period

  • TDI RSI applied price

  • TDI Volatility band period

  • TDI RSI smoothing period

  • TDI RSI smoothing method

  • TDI Signal smoothing period

  • TDI Signal smoothing method

  • Signal point anchor:

  • High/Low - on High and Low prices

  • Open - on Open price

The green bullish label is set if:

  1. The green TDI line crosses the red signal TDI line upwards
  2. Stochastic moves upwards
  3. 1 st or 2 nd Heiken Ashi candle is bullish

The red bearish signal label is placed if:

  1. The green TDI line crosses the red signal TDI line downwards
  2. Stochastic moves downwards
  3. 1 st or 2 nd Heiken Ashi candle is bearish