Trend Detection Index by M.H. Pee
Can you tell when a trendís begun and when itís ended? You can with this.
The trend detection index (TDI) is used to detect when a trend has begun and when it has come to an end. The TDI can be used as a stand-alone indicator or combined with others; it will perform well in detecting the beginning of trends. However, this does not mean its signals are totally accurate. Protective stops as well as trailing stops must be incorporated to produce a complete mechanical system. These stops are required to protect against large losses when the indicator generates a losing trade. The TDI is robust; it can trade a diverse portfolio of markets profitably over many years, using the same parameters throughout.