Sent by you:The TDI-With_Alerts indicator is a modified version of the Traders Dynamic Index (TDI) indicator for MetaTrader 4 (MT4). It combines the standard TDI features with alert functionalities to help traders identify potential trading opportunities more effectively.
Key Features of TDI-With_Alerts Indicator
- Trend Detection:
- The indicator uses the Relative Strength Index (RSI), moving averages, and volatility bands to gauge market trends and conditions.
- It provides visual cues for trend direction and strength.
- Alerts:
- The indicator can generate alerts for various trading signals, such as crossovers and trend changes.
- Alerts can be customized to notify you via pop-ups, emails, or push notifications.
- Signal Generation:
- Strong Buy: RSI above the trade signal line and market base line, within overbought/oversold levels.
- Strong Sell: RSI below the trade signal line and market base line, within overbought/oversold levels.
- Other signals include medium and weak buy/sell signals based on the relative positions of the RSI, trade signal line, and market base line.
How to Use the TDI-With_Alerts Indicator
- Download and Install:
- Place the file in the
MQL4/Indicatorsfolder of your MT4 platform.
- Place the file in the
- Load the Indicator:
- Restart your MT4 platform.
- In the
Navigatorpanel, find the TDI-With_Alerts indicator and drag it onto your chart.
- Configure Alerts:
- Customize the alert settings to fit your trading strategy. You can set alerts for specific conditions like RSI crossovers or trend changes.
Example of How It Looks
The indicator typically displays green, red, and yellow lines to represent different market conditions:
Blue Lines: Volatility Bands
Green Line: RSI Price Line
Red Line: Trade Signal Line
Yellow Line: Market Base Line
TDI-With_Alerts indicator https://download.tl/UTk9