PZ Multi TDI MT5

4.83

All-in-one trading powerhouse: trend, reversal, and exhaustion detection

This indicator is a personal implementation of the famous Traders Dynamic Index, which uses RSI, moving averages and volatility bands to find trends, reversals and price exhaustions. However, this particular implementation supports not only RSI, but many others. It is suitable for scalping, day trading, and swing trading and aims to provide a full picture of the current market conditions.

[ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ]

  • It is a complex but very useful indicator
  • Supports RSI, CCI, Stoch, AO, AC, Momentum, WPR, Demarker, RVI, ATR and ROC.
  • Alerts on oversold/overbought levels
  • Alerts on trend reversals

The components of the indicator are the following:

  • The blue line is the main line
  • The red line is the signal line
  • The yellow line is the trend line
  • The bands are relative oversold and overbought levels
  • The oscillatorlevels are absolute oversold and overbought levels

    For position trading

    • Long if the blue line falls below the lower band
    • Short if the blue line shoots above the upper band
    • Confirm optional with the native oversold/overbought levels of the oscillator used

      For scalping

      • Long if the blue line crosses the red line upwards, after leaving the deviation bands
      • Short if the blue line crosses the red line downwards, after leaving the deviation bands

      For day trading

      • Long if the blue line crosses the red line upwards and is above the yellow line
      • Short if the blue line crosses the red line downwards and it below the yellow line

      For swing trading

      • Long if the blue is above both red and yellow lines, however only if all the lines are below the 50 level.
      • Short if the blue line is below both red and yellow lines, however only if all the lines are above the 50 level.

        Optionally, you can use higher timeframes to discard or confirm trades and get better timing.

        Input Parameters

        • Oscillator: Select the oscillator used as the main indicator
        • Main Period: Averaging period used for the main indicator
        • Signal Period: Averaging period used for the short-term trend
        • Trend Period: Averagign period used for the long-term trend
        • BB Period: Averaging period used to calculate the deviation bands
        • BB Deviations: Deviations used for the deviation bands.
        • Max History Bars: Maximum amount of past bars in the chart to evaluate
        • RSI period
        • CCI period
        • Williams %R period
        • Momentum period
        • Stoch K
        • Stoch D
        • Stoch Slowing
        • RVI period
        • Demarker period
        • Force Index period
        • ATR Period
        • Alert on OS/OB: Enable or disable alerts on oversold/overbought levels
        • Alert on signals: Enable or disable alerts on short-term trend changes after OS/OV happens
        • Custom alert: Custom alert text for this instance of the indicator
        • Display alerts: Enable or disable visual alerts
        • Mail alerts: Enable or disable email alerts
        • Push alerts: Enable or disable push alerts
        • Sound alerts: Enable or disable sound alerts
        • Sound file: Sound to play on alert

        Author

        Arturo López Pérez, private investor and speculator, software engineer and founder of Point Zero Trading Solutions.



        İncelemeler 16
        International83
        15
        International83 2025.11.29 04:17 
         

        excellent tool introduced and developed by Dean, Malone at Compass FX. Thank you for producing it for the MT5 community really appreciate the effort, it really helps to spot the divergences for reversal on highly profitable trade setups.

        Rafal Krzysztof Manuszewski
        2387
        Rafal Krzysztof Manuszewski 2024.09.13 18:22 
         

        If you know how this indicator works, it can be very helpful in making a trading decision.

        Daniel-gheorghe Muresan
        1484
        Daniel-gheorghe Muresan 2024.02.06 22:23 
         

        Good indicator. I would like the colors to be editable.

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        Tahir Mehmood
        5 (4)
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        Ihor Otkydach
        4.82 (22)
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        Daniel Stein
        5 (13)
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        Bogdan Ion Puscasu
        5 (20)
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        Top indicator for MT5   providing accurate signals to enter a trade without repainting! It can be applied to any financial assets:   forex, cryptocurrencies, metals, stocks, indices .  Watch  the video  (6:22) with an example of processing only one signal that paid off the indicator! MT4 version is here It will provide pretty accurate trading signals and tell you when it's best to open a trade and close it. Most traders improve their trading results during the first trading week with the help of
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        Muhammad Elbermawi
        5 (8)
        Berma Bantları (BB'ler) göstergesi, piyasa trendlerini belirlemeyi ve bunlardan yararlanmayı amaçlayan yatırımcılar için değerli bir araçtır. Fiyat ile BB'ler arasındaki ilişkiyi analiz ederek, yatırımcılar bir piyasanın trend veya aralıklı fazda olup olmadığını ayırt edebilir. Daha fazla bilgi edinmek için [ Berma Home Blog ] adresini ziyaret edin. Berma Bantları üç belirgin çizgiden oluşur: Üst Berma Bandı, Orta Berma Bandı ve Alt Berma Bandı. Bu çizgiler fiyatın etrafına çizilir ve genel tren
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        Ich Khiem Nguyen
        3.63 (8)
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        Daniel Stein
        4.92 (12)
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        Bernhard Schweigert
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        Protect against whipsaws: revolutionize your swing trading approach Swing Trading is the first indicator designed to detect swings in the direction of the trend and possible reversal swings. It uses the baseline swing trading approach, widely described in trading literature. The indicator studies several price and time vectors to track the aggregate trend direction and detects situations in which the market is oversold or overbought and ready to correct. [ Installation Guide | Update Guide | Tro
        Yazarın diğer ürünleri
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        Identify over 30 candlestick patterns with precision This indicator recognizes over 30 Japanese Candlestick Patterns and highlights them beautifully on the chart. It is simply one of those indicators price action traders can't live without.  [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Boost your technical analysis overnight Detect japanese candlestick patterns easily Trade reliable and universal reversal patterns Hop onto established trends safely using continu
        This is the latest iteration of my famous scalper, Goldfinch EA, published for the first time almost a decade ago. It scalps the market on sudden volatility expansions that take place in short periods of time: it assumes and tries to capitalize of inertia in price movement after a sudden price acceleration. This new version has been simplified to allow the trader use the optimization feature of the tester easily to find the best trading parameters. [ Installation Guide | Update Guide | Troublesh
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        PZ TRADING SLU
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        PZ TRADING SLU
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        Capture every opportunity: your go-to indicator for profitable trend trading Trend Trading is an indicator designed to profit as much as possible from trends taking place in the market, by timing pullbacks and breakouts. It finds trading opportunities by analyzing what the price is doing during established trends. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Trade financial markets with confidence and efficiency Profit from established trends without getting whip
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        PZ TRADING SLU
        4.53 (34)
        This is the latest iteration of my famous indicator, Reversal Fractals, published for the first time almost a decade ago. It examines the price structure of fractals to determine possible reversal points in the market, providing timing to positional traders that already have a fundamental or technical valuation model. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Reversal fractals can start long trends The indicator is non repainting It implements alerts of all ki
        FREE
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        PZ TRADING SLU
        4.41 (22)
        This simple visual expert advisor allows you to trade easily from the chart. It handles risk management for you and can perform several useful tasks with your existing trades, saving time and making risk-management for each individual trade easier.  [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Trade easily from the chart Trade with precise risk management, hassle free Trade pending order with drag and drop price selection Set SL and TP levels with drag and drop pr
        FREE
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        PZ TRADING SLU
        5 (3)
        Protect against whipsaws: revolutionize your swing trading approach Swing Trading is the first indicator designed to detect swings in the direction of the trend and possible reversal swings. It uses the baseline swing trading approach, widely described in trading literature. The indicator studies several price and time vectors to track the aggregate trend direction and detects situations in which the market is oversold or overbought and ready to correct. [ Installation Guide | Update Guide | Tro
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        PZ TRADING SLU
        4.67 (6)
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        FREE
        This is the latest iteration of my famous scalper, Goldfinch EA, published for the first time almost a decade ago. It scalps the market on sudden volatility expansions that take place in short periods of time: it assumes and tries to capitalize of inertia in price movement after a sudden price acceleration. This new version has been simplified to allow the trader use the optimization feature of the tester easily to find the best trading parameters. [ Installation Guide | Update Guide | Troublesh
        FREE
        Master the market: harness the power of statistical arbitrage This indicator showcases the price action of multiple instruments on a single chart, enabling you to compare the fluctuations of different assets and seamlessly implement statistical arbitrage strategies. Its main usage is to find correlated symbols which are temporarily out of whack. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Find overbought or oversold currency pairs easily Plot up to six currency
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        Unlock key market insights with automated support and resistance lines Tired of plotting support and resistance lines? This is a multi-timeframe indicator that detects and plots supports and resistance lines in the chart with the same precision as a human eye would. As price levels are tested over time and its importance increases, the lines become thicker and darker, making price leves easy to glance and evaluate. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Boos
        This expert advisor implements the original Dennis and Eckhardt trading system, commonly known as The Turtle Trader. It trades exactly like the original turtles did, and can be used by experienced traders to capture trends in up or down markets. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Easy to use and supervise Fully configurable strategy settings Fully configurable trading settings Works for ECN/Non-ECN brokers and 2-3-4-5 digit symbols Works for CFDs and for
        FREE
        PZ Pivot Points MT5
        PZ TRADING SLU
        4.91 (22)
        This indicator displays pivot points in the chart, including historical vales, and supports many calculation modes for Pivot Points and S/R levels. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] It plots historical levels for backtesting purposes It allows you to select the reference timeframe It implements different Pivot Point calculation modes It implements different SR calculation modes It implements customizable colors and sizes Calculation Modes The indicato
        FREE
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        PZ Day Trading
        PZ TRADING SLU
        3.67 (3)
        Effortless trading: non-repainting indicator for accurate price reversals This indicator detects price reversals in a zig-zag fashion, using only price action analysis and a donchian channel. It has been specifically designed for short-term trading, without repainting or backpainting at all. It is a fantastic tool for shrewd traders aiming to increase the timing of their operations. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Amazingly easy to trade It provides
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        PZ TRADING SLU
        4.8 (5)
        Capture every opportunity: your go-to indicator for profitable trend trading Trend Trading is an indicator designed to profit as much as possible from trends taking place in the market, by timing pullbacks and breakouts. It finds trading opportunities by analyzing what the price is doing during established trends. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Trade financial markets with confidence and efficiency Profit from established trends without getting whip
        PZ Inside Bars MT5
        PZ TRADING SLU
        4.5 (12)
        Enhance your price action strategy: inside bar breakouts at your fingertips This indicator detects inside bars of several ranges, making it very easy for price action traders to spot and act on inside bar breakouts. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Easy to use and understand Customizable color selections The indicator implements visual/mail/push/sound alerts The indicator does not repaint or backpaint An inside bar is a bar or series of bars which is/a
        FREE
        PZ Three Drives
        PZ TRADING SLU
        5 (2)
        This indicator finds Three Drives patterns. The Three Drives pattern is a 6-point reversal pattern characterised by a series of higher highs or lower lows that complete at a 127% or 161.8% Fibonacci extension. It signals that the market is exhausted and a reversal can happen. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Customizable pattern sizes Customizable colors and sizes Customizable breakout periods Customizable 1-2-3 and 0-A-B ratios It implements visual/s
        FREE
        This expert advisor implements the original Dennis and Eckhardt trading system, commonly known as The Turtle Trader. It trades exactly like the original turtles did, and can be used by experienced traders to capture trends in up or down markets. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Easy to use and supervise Fully configurable strategy settings Fully configurable trading settings Works for ECN/Non-ECN brokers and 2-3-4-5 digit symbols Works for CFDs and for
        FREE
        PZ The Zone
        PZ TRADING SLU
        4.33 (3)
        This indicator displays buy or sell signals according to Bill Williams' definition of the Trading Zone. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Easy to use and understand Avoid trading flat markets Deterministic indicator with clear rules The indicator is non-repainting It implements alerts of all kinds It has straightforward trading implications. A blue arrow is a buy signal A red arrow is a sell signal According to Bill Williams trading in the zone helps to
        FREE
        PZ Turtle Trading
        PZ TRADING SLU
        3.8 (10)
        The Turtle Trading Indicator implements the original Dennis Richards and Bill Eckhart trading system, commonly known as The Turtle Trader. This trend following system relies on breakouts of historical highs and lows to take and close trades: it is the complete opposite to the "buy low and sell high" approach. The main rule is "Trade an N-day breakout and take profits when an M-day high or low is breached (N must me above M)". [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Prod
        FREE
        PZ Pivot Points
        PZ TRADING SLU
        4.6 (10)
        This indicator displays pivot points in the chart, including historical vales, and supports many calculation modes for Pivot Points and S/R levels. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] It plots historical levels for backtesting purposes It allows you to select the reference timeframe It implements different Pivot Point calculation modes It implements different SR calculation modes It implements customizable colors and sizes Calculation Modes The indicator
        FREE
        Spot high-probability trades: sandwich bar breakouts at your fingertips This indicator detects Sandwich Bars of several ranges, an extremely reliable breakout pattern. A sandwich setup consists on a single bar that engulfs several past bars, breaking and rejecting the complete price range. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Easy and effective usage Customizable bar ranges Customizable color selections The indicator implements visual/mail/push/sound aler
        FREE
        The Stretch is a Toby Crabel price pattern which represents the minimum average price movement/deviation from the open price during a period of time, and is used to calculate two breakout levels for every single trading day. It is calculated by taking the 10 period SMA of the absolute difference between the open and either the high or low, whichever difference is smaller. This value is used to calculate breakout thresholds for the current trading session, which are displayed in the indicator as
        FREE
        Filtrele:
        International83
        15
        International83 2025.11.29 04:17 
         

        excellent tool introduced and developed by Dean, Malone at Compass FX. Thank you for producing it for the MT5 community really appreciate the effort, it really helps to spot the divergences for reversal on highly profitable trade setups.

        Rafal Krzysztof Manuszewski
        2387
        Rafal Krzysztof Manuszewski 2024.09.13 18:22 
         

        If you know how this indicator works, it can be very helpful in making a trading decision.

        [Silindi] 2024.05.19 17:20 
         

        Kullanıcı incelemeye herhangi bir yorum bırakmadı

        Daniel-gheorghe Muresan
        1484
        Daniel-gheorghe Muresan 2024.02.06 22:23 
         

        Good indicator. I would like the colors to be editable.

        udom-leader
        44
        udom-leader 2023.07.12 12:34 
         

        Excellent indicator Very Useful

        Trader mql5
        1315
        Trader mql5 2023.06.30 07:29 
         

        Good, useful, but a huge irritation that the default levels can't be amended which should be a basic for any indicator that is programmed as well as all yours are. Thank you. (surely the basics for all indicators should be the same: Can change default colors and can amend level parameters - color, level or none, but there are double standards across the indicators)

        Alfredo Morris
        78
        Alfredo Morris 2023.05.18 17:26 
         

        Love it, can't make a decision without it, Thanks

        92600448
        49
        92600448 2023.03.09 13:21 
         

        Very good!

        RKE
        705
        RKE 2023.01.28 15:07 
         

        Kullanıcı incelemeye herhangi bir yorum bırakmadı

        Gaby-192
        26
        Gaby-192 2023.01.08 21:52 
         

        Excellent indicator, fully compliant with the standard TDI

        BSantiago72
        70
        BSantiago72 2022.11.16 02:48 
         

        awesome indicator...thanks so much PZ!!!!!!!

        GingerNutEasterFlisk
        134
        GingerNutEasterFlisk 2022.07.03 19:33 
         

        Thanks for an excellent product. I am not generally an indicator fan but I find the TDI the best of all the oscillators out there; and combined with the Bollinger bands this version of it is the best I have found. Careful study and testing definitely bears fruit with this indicator - once understood it can give powerful confirmation to your entries (and exits).

        Maksym Mudrakov
        30049
        Maksym Mudrakov 2022.06.15 14:56 
         

        Useful tool !

        Michael Nunn
        147
        Michael Nunn 2022.04.12 06:05 
         

        I've been using this for a few days, now, and I find it (after extensive backtesting to begin with) a very informative and helpful indicator. I think, as with all indicators and strategies, one needs to persevere with it and get to know it over an extended period of time in order to really benefit from it.

        Detleff Böhmer
        3071
        Detleff Böhmer 2022.03.19 09:28 
         

        Kullanıcı incelemeye herhangi bir yorum bırakmadı

        gvgarcia
        44
        gvgarcia 2021.11.30 20:04 
         

        Buena herramienta. Funciona!

        İncelemeye yanıt