TDI RT Alerts Divergence Indicator for MT4 Download - Free - [TFlab]

The TDI RT Alert Divergence Indicator, is a highly MT4 volatility indicator designed to identify divergence fluctuations and provide trade entry signals .

This oscillator creates a channel that takes into account trend fluctuations and generates trade signals using a red signal line and a green oscillator line .

Furthermore, the TDI RT Divergence Indicator can show price trend divergence with the help of markers and lines.

TDI RT Alert Divergence Indicator Specification Sheet

Specifications and Features TDI RT Divergence Indicator is shown in the table below.

TDI RT Alert Divergence Indicator Overview

Displaying the divergence between the price line and the indicator line can be considered a trading signal . Furthermore, the intersection of the green line and the red line serves as the best entry point.

The TDI RT Divergence Indicator also places a yellow moving average line in the middle of the channel , where the area above indicates a bullish trend and the area below the "MA" indicates a bearish trend .

Buy signal in an uptrend

In the 30 minute EUR/USD chart , a positive divergence between the price and indicator lines indicates a potential price reversal .

The red signal line interrupted by the green oscillating line can also be considered a buy entry signal .

Sell ​​signal in downtrend

Based on the 1 hour Bitcoin (BTC) chart , a negative divergence between price and oscillator lines indicates reversals and downtrends .

In this case, the green and red lines crossing downward can serve as a sell entry point .

TDI RT Alert Divergence Indicator Settings

Here are the settings for the TDI RT Alert Divergence Indicator :

• RSI_Period: The time period for RSI calculation
• RSI_Price: input price for RSI calculation
• Volatility_Band: Parameters that determine the width of the fluctuation band
• RSI_Price_Line: RSI line selection type
• RSI_Price_Type: RSI price calculation type
• Trade_Signal_Line: Signal line calculation
• Trade_Signal_Type: Trading signal line type selection
• Alerts On: Enable alerts
• Alerts On Current: Set candlestick alerts
• Alerts Message: Alert as a message
• Alerts Sound: Enable sound alert
• Alerts Notify: Send alerts as notifications
• Alerts Email: Send alerts as emails
• Sound File: Select the alarm sound file
• Divergence Visible: Enable divergence display
• Show classical divergence: Show classical divergence
• Show hidden divergences: Show hidden divergences
• Visible divergence of values: Displays values ​​associated with divergence
• Visible Divergence on Charts: Display Divergence on Charts
• Divergence arrow size: Defining divergence markers
• Notch on the divergent arrow: the distance between the divergent arrow and the upper band
• Divergent arrow lower gap: distance of the divergent arrow from the lower band
• Divergence Bullish Color: Color indicating bullish divergence

Conclusion

The TDI RT Alert Divergence Indicator, is a signal and forecast indicator , designed to identify reversal zones and determine ideal trade entry points .

This oscillator defines the range of price movements by creating a Bollinger Band and can be used together with fundamental analysis . The TDI RT Divergence Indicator includes a smoothed RSI line (green) and a red signal line , whose intersections mark key trade entry points .