KLEO TDI

KLEO TDI - Traders Dynamic Index Indicator

Description:
The KLEO TDI (Traders Dynamic Index) is a technical indicator designed to help traders analyze market momentum, volatility, and trend direction using a combination of the Relative Strength Index (RSI), moving averages, and volatility bands. This tool provides a comprehensive view of market conditions, making it useful for identifying potential trade opportunities.

Key Features:
✅ RSI-Based Analysis – Uses a customizable RSI period to measure momentum and overbought/oversold conditions.
✅ Volatility Bands – Upper and lower bands are calculated based on a moving average of the RSI and a volatility offset, helping traders assess market strength.
✅ Moving Averages on RSI – Includes a fast and slow moving average to track trend direction and potential crossovers.
✅ Key RSI Levels – Displays horizontal lines at 32 (oversold), 50 (midline), and 68 (overbought) for better trade decision-making.
✅ Customizable Inputs – Allows traders to modify RSI period, band length, and moving average settings to fit their trading strategy.

Note:
This indicator is not an automatic buy or sell signal but a tool for analyzing market conditions. It should be used alongside a well-defined trading strategy and proper risk management.