This 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...
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
author: 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...
