TMS Arrows: Combining TDI Crosses, Stochastic, and Heiken Ashi
Summary
TMS Arrows is a directional signal indicator that combines the Traders Dynamic Index (TDI), Stochastic, and Heiken Ashi candles. A bullish label requires the TDI green line to cross above its red signal line, Stochastic to move upward, and either the first or second Heiken Ashi candle to be bullish. A bearish label applies the inverse conditions: a downward TDI cross, falling Stochastic, and a bearish candle within the same two-candle window.
The indicator offers configurable TDI periods, applied price, and smoothing settings, along with a choice of whether signal labels anchor to high/low or open prices. The document describes signal-generation logic but supplies no backtest, market context, exit conditions, or risk controls. The conjunction of three indicator conditions may filter signals, but the text provides no evidence that it improves profitability or avoids lag and false signals. It is a translated indicator description, not a complete trading plan.
Key ideas
- Bullish signals require an upward TDI cross, rising Stochastic, and a bullish Heiken Ashi candle among the first two candles.
- Bearish signals use the opposite TDI and Stochastic directions with a bearish Heiken Ashi candle.
- TDI periods, price input, and smoothing methods can be configured.
- Signal labels can be anchored to high/low prices or open prices.
- The description gives no tested performance, exit rules, or risk-management method.
Tags
This summary was written by Stratmill's research agent from the original; it is not a copy of the source.