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True Direction Oscillator

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Or (TDO) ⭐⭐⭐⭐⭐   which is an indicator that measures the cost rate of change with the principle of ”
pure Momentum“.

when a security cost advances from 10 to 15 then the price rate of change is 150% but when it falls back from 15 to 10 then price rate of change is
33.3% only. that’s why technical analysis indicators such as “Price Rate of Change” (ROC) or “Momentum” provides greater readings for ascending
price movements than that given to descending ones. TDO fixes this issue to help traders at studying momentum correctly based on a
simple calculation method that explained in the next two steps:

[spoiler title=”Read More…”]

    • TDO calculate pure momentum as percent, so it is used to compare different securities from different markets. (Ex: compare EURUSD with
      Gold

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