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TCD

Professional Trend Convergence/Divergence Indicator

TCD indicator is based on the Convergence/Divergence of Trend and shows you "up trend" (when trend grows) and "down trend" (when trend is falling).
In the middle is an adjustable "stop area" on which you cannot trade.
Briefly, the TCD shows you when to start or stop buy/sell.
TCD indicator can run many instances, for all time frames and includes all 0 lag MAs. (Please see MAiindicator code section)
With TCD your trading becomes more precise, realistic and more effectively.
It is very fast and has, like all our indicators, a built-in "slider history testing" technology.
Program is design to operate in 2 automatic modes:

1. Slider mode

Turns on when attaching the indicator to the Chart or Visual Tester.
Here you can test/set your settings back in history with “slider” up to 32767 bars.
So, while Visual Testing EA, you can attach the indicator and easily adjust input parameters for critical points.
On Tester (only) you can exit "Slider mode" by pressing the <Esc> key.
2. Expert mode
Turns on when starting the indicator through expert with "iCustom" function.
It is designed only for EA use and “slider history testing” is disabled.
Easy switching between time frames on the selected position and test/set new parameters.
Please watch “switching” in HD … https://youtu.be/AKHNOSlm7BY
Indicator is equipped with “Error control”, so that you can always see what is going wrong and correct this.
It is tested and works very well in our EA “PointerX”.
Please watch “testing” in HD … https://youtu.be/1DoxMGNETos

How to trade with TCD?

When the blue histogram (main line) is below "stop area" and up, and the red line (signal line) is lower than the "main line", you have up trend and can BUY,
when the "main line" is above "stop area" and down, and the "signal line" is higher than the "main line", you have down trend and can SELL.
When the "main line" is in the middle zone "stop area", BUY and SELL operations are skipped.
We recommend to run up to 3 instances of indicator on different timeframes, with different settings for better results (M15, H1, H4).

For programmers

You can include in EA-s "enum method" code. (please see MAi indicator code section)
The known commands to retrieve main and signal value are for MQL4:
double tcdMain=iCustom(NULL,TCD_TF_,"TCD",F_MTD_,f_st_,f_sm_,f_vf_,f_lam_,st_lev_,si_lev_,si_del_,1,0,1);
double tcdSignal=iCustom(NULL,TCD_TF_,"TCD",F_MTD_,f_st_,f_sm_,f_vf_,f_lam_,st_lev_,si_lev_,si_del_,1,1,1);
if(tcdMain<-st_lev_&&tcdSignal<tcdMain) buyTCD_=true;
if(tcdMain>st_lev_&&tcdSignal>tcdMain) sellTCD_=true;

where:

  • NULL = current symbol
  • TCD_TF_ = enum_timeframes
  • "TCD" = path/name of the custom indicator compiled program
  • F_MTD_ = fast MA method (from 0-16)
  • f_st_ = fast MA step
  • f_sm_ = fast MA smooth (lines smoothness)
  • f_vf_ = fast MA v_factor (volume factor)
  • f_lam_ = fast MA lambda
  • st_lev_ = stop level [%]
  • si_lev_ = signal level [%]
  • si_del_ = signal delay
  • 0 = last bar (1 for precise results, because bar 0 is usually not completed)
  • 0(1) = line index
  • 1 = shift

TCD input parameters settings

The order from left to right is: name, [default value], min-max value.
If you accidentally enter a lower or higher value, the min-max value is used.
  • FMA_method [ILRS] – FMA method
  • FMA_step [12] 0-100 – FMA step
  • *FMA_smooth [0] 0-100 – FMA smoothness
  • *FMA_v_factor [0.0] 0.0-50.0 – FMA volume factor
  • *FMA_lambda [0.3] 0.0-100.0 – FMA lambda (enabled only for REMA, REMA_Hull)
  • Stop_level% [25] 0-100 – Stop level in [+- %] (dead trading zone)
  • Signal_level% [100.0] 0-100.0 – Signal level in [%]
  • Signal_delay [4] 1-20 – Signal delay [bars]
  • LastBar [0] 0-6000 – drawing the last bar (left-right descending order, 0 is the last)
  • PastBars [200] 10-6000 – bars drawing to the past (to the left)
*FMA = Fast moving average
*for certain methods is disabled, depending on the nature of the MA-s

Additional information

The demo version is built to demonstrate the main features and usability of TCD, TCDDemo.
If you like to use TCD unlimited or within an EA you have to buy or rent this product.
Are you satisfied with our work? Share your experiences and leave a comment.
If you need help using our trading tools or you have an issue or question, please contact me.
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Or (TDO)  which is an index that measures the price rate of change using the principle of " Pure Momentum ". When a security price advances from 10 to 15 then the price rate of change is 150% but when it declines back from 15 to 10 then the price rate of change is 33.3% only. That is why technical analysis indicators like "Price Rate of Change" (ROC) or "Momentum" give higher readings for ascending price movements than those given to descending ones. TDO fixes this problem to help traders at re
This indicator I use with RENKO and RangeBar candle Discover the Secret to Successful Forex Trading with Our Custom MT4 Indicator! Have you ever wondered how to achieve success in the Forex market, consistently earning profits while minimizing risk? Here is the answer you've been searching for! Allow us to introduce our proprietary MT4 indicator that will revolutionize your approach to trading. Unique Versatility Our indicator is specially designed for users who prefer Renko and Rangebar candle
PLEASE READ THE INFO DOWN BELOW BEFORE PURCHASING THE PRODUCT! Apollo Pips PLUS SP is a unique product!  IT IS FOR THOSE WHO WANT TO GET MY NEW "APOLLO PIPS" INDICATOR PLUS "SUPER PACK" BONUS WITH ACCESS TO ALL MY TRADING INDICATORS! By purchasing the Apollo Pips PLUS SP product you're actually purchasing an absolutely new version of my Apollo Pips indicator. This version of the indicator has got an improved algorithm and an easy to use parameter which gives you the opportunity to use the indica
Currency Strength Exotics
Bernhard Schweigert
4.87 (30)
CURRENTLY 20% OFF ! Best Solution for any Newbie or Expert Trader! This Indicator is specialized to show currency strength for any symbols like Exotic Pairs Commodities, Indexes or Futures. Is first of its kind, any symbol can be added to the 9th line to show true currency strength of Gold, Silver, Oil, DAX, US30, MXN, TRY, CNH etc. This is a unique, high quality and affordable trading tool because we have incorporated a number of proprietary features and a new formula. Imagine how your trading
This dashboard shows the latest available harmonic patterns for the selected symbols, so you will save time and be more efficient / MT5 version . Free Indicator:   Basic Harmonic Pattern Comparison of "Basic Harmonic Pattern" vs. "Basic Harmonic Patterns Dashboard" Indicators Feature Basic Harmonic Pattern Basic Harmonic Patterns Dashboard Functionality Detects and displays harmonic patterns on a single chart Searches multiple symbols and timeframes for harmonic patterns, displays result
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Version 2.9 2020.05.30
1. compiled with the new compiler
2. faster performance
Version 2.8 2020.03.25
1. resolved access violation error vhen "iMAOnArray" function is used on buffer
Version 2.7 2020.03.23
1. resolved compatibility issues
2. faster performance
Version 2.6 2017.04.06
1. Improvements in Tooltips/Names details
2. Now you can use the "Slider" in "Visual Tester" Mode
- while testing EA, you can run the indicator and easily adjust input parameters for critical points
- <Esc> key to exit "Slider" mode
Version 2.5 2017.02.09
1. Error correction: "Changing timeframes in Indicator Visualization Tab".
Version 2.3 2016.12.22
Some program improvements, "Slider" improvements.