TRI-DI Sin/BDB Cummulative Signalling SystemThis is the signaling system for the TRI's Cumulative DI Algo. When Three time frames are all pointing in one direction and the 1hr signal fires last the algo will generate a 4 reading. At that point hunt market structure (M's and W's) to get long/short with a strict sell half the position rule at the 2:1 r/r level. Move stop to scratch on remaining and adjust stops on new market structure as it develops.
Delacourindex
Delacour Index: Three Thumbs (By Magpie)This is a variant of the base DI algo script (writen by Magpie) where signals are plotted on the chart itself. Importing signals over various time frames is still a challenge for TV so please do not consider this a finished product. Have fun with the script and make changes as you see fit but DO NOT consider this a finished product.
Brian
Delacour Index: Three Thumbs v1.0author: maqpie (a.ka. Sanne)
date: 26th of October 2017
NOTE: credits go to Brian from TRI 0.23% for the original code and for all that he has taught me. Thanks Brian!
How to use this DI Three Thumbs Script script?
1. The first thumb will be the lowest time frame and MUST be equal to or higher than the chart's time frame, e.g. 60
2. The second thumb will be of a higher time frame, e.g. 180
3. The third thumb will be of a even higher time frame, e.g. Daily
4. If all three thumbs signals are fired the background will change to green or red.
NOTE: if you use lower time frames than the chart the indicator is plotted on, you will use higher time frame data for a lower time frame indicator which corrupts the signaling
