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True Direction Oscillator Demo

This is a Demo version that works only on EURUSD, one-hour chart with full functionality.

Why demo version

  • Try before you buy on live charts, without the MT4 Tester restrictions.
  • Try Mobile Notifications and eMail service.
  • Try all indicator functions like drawing channels & grids.

 

About TDO

TDO 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" gives higher readings for ascending price movements than that given to descending ones. TDO fixes this problem to help traders at reading momentum correctly depending on a simple calculation method.

TDO signals are taken depending on TDO Panel which calculates TDO for 5 different periods at the same time. Only when all periods are in-line the indicator generates a trading signal. By this, it reduces the number of false signals to their lowest number.

TDO can draw different kinds of price channels, A grid of rounded numbers and Supply/Demand Levels. You can also switch easily between different charts and timeframes.


Important TDO Parameters


1.TDO Settings.

  • First TDO Period [ Min =1 ]: This is the first cycle in the TDO Panel. Default is 10.

2. TDO Colors List & Buttons.

  • Chart Colors List: You can choose between four different color lists, or you can choose to (Do Nothing).

3. TDO Arrows & Alert
4. TDO Panel Alert
5. TDO Symbols Buttons

  • Window to Show Symbols Panel: Show Symbol Buttons in Main chart window  or in TDO Window.
  • Button Click Action: Open chart on the same window or in a new window.
  • Symbols Source From: Get symbols from custom symbol list  or from Market Watch.
  • List of symbols (separated by ";"): If you choose symbols from a custom list then separate between symbols by ";".
  • Buttons in a Horizontal Row [Min=(1)]: Number of buttons to show in a row.
  • Time-Frames to Show [Min=(1) & Max=(9)]: Default is seven.

6. TDO Channel

  • Channel Kind: Choose between Standard Deviation Channels or Linear Regression Channel.
  • Channel Ray: To show the channel as a ray.
  • Channel Length: Number of candles used in channel calculation. Default is 160.

7. TDO Grid Lines

  • Sub Grid Levels Count: You can add from zero to ten sub levels between main grid levels.

8. Zig Zone Levels


I hope that TDO helps you with your trading. Please, contact me if you have any questions. I wish you good trading.

Enjoy the game
Muhammad Al Bermaui, CMT

Comentários 1
silvano1942
124
silvano1942 2020.10.21 08:11 
 

I'm testing the TDO demo indicator. It is very helpful with congratulations

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We are glad to present a unique indicator of currency indexes, which can also extensively analyze and control the market situation. The indicator displays indexes of eight major currencies and also can calculate index of any other currency, metal, CFD, etc. You will not need to study dozens of charts to determine strong and weak currencies, as well as their current dynamics. The picture of the whole currency market for any period can be viewed in a single indicator window. Main features of the
68 USD
MACD Divergences
Seyedfazel Hosseini
Using divergences is very common in trading strategies. But finding opportunities for trading with the eyes is very difficult and sometimes we lose those opportunities. The indicator finds all the regular and hidden divergences. (RD & HD) It uses an advanced method to specify divergence. This indicator is very functional and can greatly improve the outcome of your trading. This is a multi-time-frame indicator(Under M15 is not recommended). You can change colors as you like. Detection method: Ind
30 USD
PipFinite Impulse PRO
Karlo Wilson Vendiola
Are You Tired Of Getting Hunted By Spikes And Whipsaws? Don't become a victim of the market's erratic moves.. Do Something About It! Instantly make smarter decisions with Impulse Pro's precise balance of filters and accurate statistics. Timing Is Everything In Trading To learn more, please visit ► www.mql5.com/en/blogs/post/718212 Anticipate the next big move before it unfolds in 3 Simple Steps! Advantages You Get Early impulse detection algorithm. Flexible combination to different tr
88 USD
Advanced Currency Strength28 Indicator
Bernhard Schweigert
CURRENTLY 26% OFF !! Best Solution for any Newbie or Expert Trader! This Indicator is a unique, high quality and affordable trading tool because we have incorporated a number of proprietary features and a new formula. With only ONE chart you can read Currency Strength for 28 Forex pairs! Imagine how your trading will improve because you are able to pinpoint the exact trigger point of a new trend or scalping opportunity? User manual: click here That's the first one, the original! Don't buy a wort
148 USD
BlueDigitsFx Easy 1 2 3 System
Ziggy Janssen
*All In One System Indicator, Breakthrough solution for any Newbie or Expert Trader! Message Me Immediately After Purchase For Installation Help and V.I.P Access With Additional Strategies BlueDigitsFx Explains How To Use The System In Detail :  https://youtu.be/fIOWwWuE5ZQ BlueDigitsFx's Easy 1 2 3 System is an all in 1 Indicator with a variety of options to work with. Telegram Channel & Group  here   Performs Amazingly with a Market Base Line for example; 50ema, 200ema, Kijun sen,..
98 USD
BBMA Dashboard
Alireza Yadegar
Note that Final version(8.15) is the only one that provides reliable signals. BBMA Dashboard is selling only on MQL, Don't get fooled by Scammers This is a   Multi pair  and   Multi time frame  dashboard. it is looking for   16 Essential Types of "BBMA System" Setups and Signals   (founder of the system is Mr. Oma ally): * Reentry Dashboard  (touching WMA5) * CSM Dashboard (closing candle out of Bollinger Band) * CSAK Dashboard (closing candle beyond Middle Bollinger Band) * Extreme Das
80 USD
Blahtech Supply Demand
Blahtech Limited
Supply Demand uses previous price action to identify potential imbalances between buyers and sellers. The key is to identify the better odds zones, not just the untouched ones. Blahtech Supply Demand indicator delivers functionality previously unavailable on any trading platform. This 4-in-1 indicator not only highlights the higher probability zones using a multi-criteria strength engine, but also combines it with multi-timeframe trend analysis, previously confirmed swings and engulfing detector
149 USD
Trend Line Map Pro
Sayadi Achraf
⭐️ ⭐️ ⭐️ ⭐️ ⭐️    Limited Time Offer,  Rent Trend Line Map  PRO  for  only 10$/Month    to   try our algorithm before getting lifetime version     ⭐️⭐️⭐️ ⭐️⭐️ Trend Line Map indicator is an addons for Trend Screener . It's  working as a scanner for all signals generated by Trend screener ( Trend Line Signals )  . Important Note : 1.  Active Signals Performance via  TREND LINE MAP INDICATOR ( Daily Update )    ► Click Here 2. Trend Line Map is a Trend Line Scanner based on Trend Screen
49 USD
Infinity TrendLine PRO
Evgenii Aksenov
TrendLine PRO indicator is based on the analysis of the strength of bulls and bears. It shows the highlighted trend line (blue is bulls and red is bears), the entry point and the calculated TakeProfit and StopLoss levels.  You can manage levels and other settings which makes the TrendLine PRO a universal tool for any strategy 📢   Telegram:   https://t.me/INFINITY_PRO_ED 📈   Real account signals:     here TrendLine PRO never repaint and does not change the levels!!! The dashboard panel displ
49 USD
Bruces Price Predictor
Bruce Webb
*Non-Repainting Indicator Message Me Immediately After Purchase For VIP Installation Help and Free Strategy     Bruce's Price Predictor is an indicator that shows precise price reversals. A great arsenal to add to any chart.  Bruce's Price Predictor points price reversals with high degree of accuracy and it is great for scalping on the 1min time frame, Or swing trading on the 1hr time frame. Buy and sell arrows are shown on the chart as for entry signals. They do not repaint but confirmation ent
50 USD
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silvano1942
124
silvano1942 2020.10.21 08:11 
 

I'm testing the TDO demo indicator. It is very helpful with congratulations

Responder ao comentário
Versão 9.2 2020.07.30
This new version synchronized with the current "True Direction Oscillator version 9.2".
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This is a Demo works only on EURUSD, a one-hour chart with full functionality.