<< QUESTION >>

Hello Roger,

I hope you have been doing well!

I am curious to know how PDI (Precision Decision Index) is unique from Pi-Osc (Precision Index Oscillator) as both appear to effectively help you identify market tops and bottoms in a non-repainting manner.

Would you consider the PDI to a much more upgraded and customizable version of Pi-Osc that does a superior job of top/bottom detection?

Cheers and enjoy the rest of your weekend,

<< ANSWER >>

The two products are quite different in the sense that there are a whole "family bunch" of indicators with very strict rules making up the Pi-Osc algorithm and as a result of this its signalling to the + or - 3.14 extremes are relatively rare.

I do not consider PDI to a version of Pi-Osc at all as the two items are very different in their maths.

Precision Decision Index PDI is configurable in a much more flexible manner and can be made to give many "triggers" of the high and low "opportunities" if shorter lengths and core lengths are used.

I also found good potential opportunities when observing for confluences over a range of two or three PDI indicators of different lengths plotted together thus giving double or treble confirmation to a signal.

This is a very powerful technique similar to the observation of asking a group of people what the time is.
If you ask one person what the time is and have them guess it, you will virtually always get a more accurate answer by averaging out five peoples guesses than by just asking just one person.

See image below for a double confluence event.