TDI RT Alerts Divergence Indicator for MT5 Download – Free – [TFlab]

The TDI RT Alert Divergence Indicator is one of the MT5 oscillators designed to identify divergences and optimal trading entry points .

This indicator defines price movements using band ranges and provides Buy and Sell signals by utilizing a red signal line and a smoothed RSI line . Visualization of differences helps traders spot potential reversal zones .

TDI RT Alert Divergence Indicator Specifications

The following table lists the main features of this product TDI RT Divergence Indicator.

Indicator Overview

The differences shown between price and indicator lines are alerts for potential price reversals . Additionally, the intersection of the green and red lines can indicate optimal trade entry .

Furthermore, the oscillator includes a yellow moving average line , which helps identify continuations of uptrends and downtrends .

Buy signal in an uptrend

Based on the 30 minute NZD/USD chart , the TDI RT indicator identifies divergence using markers between the price line and the indicator line and color-coded lines . The intersection of the green and red lines can serve as a buy (Buy) signal .

Sell ​​signal in downtrend

In the 5 minute Cardano (ADA) chart , negative divergence between price and oscillator lines suggests a potential trend reversal . Crossing the red signal line by the green line can confirm a sell (sell) entry signal .

TDI RT Alert Divergence Indicator Settings

The following settings can be used to configure the TDI RT Divergence Indicator :

• RSI Period: RSI calculation period
• RSI Applied Price: The price used for RSI calculations
• Fluctuation zone period: fluctuation zone calculation period
• RSI Signal Period: RSI signal line frame
• RSI Signal Method: Type of RSI line
• Trading signal period: the time frame for signal line calculations
• Trading Signal Methods: Signal Line Types
• Alerts On: Enable alerts
• Alert for current bar: Set alert for current candle
• Alert Message ON: Activate reminders via iMessage
• Alert Sound ON: Enable sound notification
• Alert Sound File: Select a custom sound file for alerts
• Alert Email ON: Send alerts via email
• Divergence Visible: Enable the display of divergence on the chart
• Show Classic Divergence: Show Classic Divergence
• Show hidden disagreements: Show hidden disagreements
• Visible Divergence on Charts: Display divergences visually on price charts
• Visible divergence on the indicator: Displays divergence on the indicator lines
• Divergent Line Size: Adjust the divergent line size
• 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
• Bullish divergence color: Set the color of bullish divergence
• Bearish Divergence Color: Set the color of bearish divergence
• Lookback: number of past candles used for indicator calculation analysis

Conclusion

The TDI RT Alert Divergence Indicator is a signal and forecast indicator that provides trading entry signals by detecting divergences and crossovers .

This tool integrates a Bollinger Band within its oscillator to help traders identify price movement ranges and reversal areas for optimal trade entries.