Overview of TDI RT Alerts Divergence Indicator
The TDI RT Alerts Divergence Indicator is an all-in-one trading tool designed to simplify your Forex trading experience. It integrates the power of RSI, moving averages, and Bollinger Bands to provide comprehensive insights into trend direction, momentum, and volatility.
Features of TDI RT Alerts Divergence Indicator
- Trend Direction: Identifies bullish or bearish market conditions.
- Momentum Analysis: Evaluates the strength of market trends.
- Volatility Measurement: Detects expanding or contracting market volatility.
- Real-Time Alerts: Provides actionable trading signals with divergence detection.
- Non-Repaint: Signals remain fixed post candle close.
Understanding the TDI Lines
- Green Line (RSI Price Line): Reflects current market sentiment and momentum.
- Red Line (Trade Signal Line): Offers crossover trading opportunities.
- Yellow Line (Market Base Line): Indicates the long-term market trend.
- Upper & Lower Blue Lines (Volatility Bands): Similar to Bollinger Bands, they expand and contract based on market volatility.
Installation Requirements
To use the TDI RT Alerts Divergence Indicator, you will need the MetaTrader 4 platform. Ensure you have an active trading account on MT4 before installation.
Installation Steps
- Download the TDI RT Alerts Divergence Indicator file.
- Open your MetaTrader 4 platform.
- Navigate to File > Open Data Folder.
- Place the downloaded file in the MQL4/Indicators folder.
- Restart MetaTrader 4.
- Locate the indicator under Custom Indicators and drag it onto your chart.