Clever TDI Pro

  • Indicators
  • Carlos Forero
    Carlos Forero

    Carlos Forero

    4.3 (40)
    I am a professional developer and trader with over a decade of experience in capital markets and the creation of algorithmic portfolios. I specialize in advanced automated systems and technical analysis tools for MetaTrader.
    ⚙️ Development Philosophy
    22 products 2 comments
  • Version: 2.93
  • Updated: 13 March 2025
  • Activations: 5

Description:

The indicator shows the TDI indicator in a separate window, and with the RSI component, the indicator finds possible divergences with M or W patterns.

KEY LINKS: How to Install -  Frequent Questions - All Products 

Functions:

  • Finds Market Makers patterns.
  • Finds extremes or exhaustion into the market.
  • Looks for a trend continuation.

Content:

  • TDI Indicator
  • Divergence and M or W Signals
Note 1: This indicator should only be considered as a part of any trading strategy. You should complement this with other filters (e.g trend, volatility, time, etc). Note 2: This indicator is meant to serve as a guide to apply in your intraday trading. Overtime, this will help you understand the baseline for a solid and consistent trading strategy.  


About Author:

Carlos Forero, Member of Clever Trading Club, private organization with the purpose of design clever solutions to generate constant profits with adapted risk.


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There is always a need to measure if the market is "quiet" or it is volatile. One of the possible way is to use standard deviations, but the issue is simple : We do not have some levels that could help us find out if the market is in a state of lower or higher volatility. This indicator is attempting to do that : •           values above level 0 are indicating state of higher volatility (=GREEN buffer) •           values below level 0 are indicating state of lower volatility (=RED buffer)
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santos88 2022.10.17 05:18 
 

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Carlos Forero
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Reply from developer Carlos Forero 2022.10.18 00:11
Sorry for the inconvenience, let me solve the issue updating the indicator.
rainwalker123
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laptoplifestyle
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RDI
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RDI 2019.05.30 13:35 
 

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10294
Aravind Kolanupaka 2019.05.26 18:06 
 

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wede
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