TDI RT Alerts Divergence Indicator MT4
TDI RT Alerts Divergence Indicator for MT4
The TDI RT Alerts Divergence Indicator for MT4 is a dynamic technical analysis tool crafted to identify divergence patterns and deliver actionable trading signals. Operating within the MetaTrader 4 environment, this oscillator builds a responsive channel and generates buy/sell alerts based on interactions between a green RSI-based line and a red signal line.
Additionally, it marks divergence visually with arrows and lines, enhancing chart readability.
«Indicator Installation & User Guide»
MT4 Indicator Installation | TDI RT Alerts Divergence Indicator MT5 | ALL Products By TradingFinderLab | Best MT4 Indicator: Refined Order Block Indicator for MT4 | Best MT4 Utility: Trade Assistant Expert TF MT4 | TP & SL Tool: Risk Reward Ratio Calculator RRR MT4 | Prop Firm Protector: Trade Assist Prop Firm Plus TF Expert MT4 | Money Management + DrawDown Protector: Trade Panel Prop Firm Drawdawn Limiter Pro MT4
TDI RT Alerts Divergence Indicator Specifications
Below are the primary characteristics of the TDI RT Divergence Indicator:
Category | Oscillator – Signal Generator – High Sensitivity |
Platform | MetaTrader 4 |
Skill Level | Intermediate |
Type of Indicator | Reversal - Trend Continuation |
Timeframe | Multi-Timeframe Support |
Trading Style | Quick Scalping – Scalping – Intraday |
Market | Universal – Forex, Crypto, Commodities, Indices |
Overview of TDI RT Alerts Divergence Indicator
The indicator's main function lies in spotting divergences between price movement and the oscillator, which often indicate a shift in momentum. Furthermore, crossovers between the green and red lines within the band offer ideal entries. The central yellow baseline acts as a trend separator—price action above it suggests bullish conditions, while movement below implies bearish momentum.
Buy Signal in an Uptrend
A bullish divergence on the 30-minute EUR/USD chart, where the indicator and price show opposing directions, indicates a probable upside correction. When the green line crosses above the red line within the oscillator, it signals a possible long entry.
Sell Signal in a Downtrend
On the 1-hour Bitcoin (BTC) chart, a bearish divergence emerges when price rises while the oscillator declines. A confirmed signal occurs when the green line crosses below the red one, pointing to a potential sell opportunity.
TDI RT Alerts Divergence Indicator Settings
Configuration options available within the TDI RT Alerts Divergence Indicator for MT4 include:
• RSI_Period: Defines the RSI calculation period
• RSI_Price: Price input for RSI computation
• Volatility_Band: Determines width of the band around the RSI
• RSI_Price_Line: Selects the RSI line style
• RSI_Price_Type: Sets the calculation basis for RSI
• Trade_Signal_Line: Parameters for the signal line
• Trade_Signal_Type: Type of trade signal curve
• Alerts On: Toggle general alert notifications
• Alerts On Current: Apply alerts on current candle
• Alerts Message: Enables message popup alerts
• Alerts Sound: Audio notification toggle
• Alerts Notify: Push notification setting
• Alerts Email: Email alert option
• Sound File: Choose audio file for sound alert
• Divergence Visible: Enables divergence display on chart
• Show Classical Divergence: Show regular divergences
• Show Hidden Divergence: Toggle for hidden divergence
• Divergence On Values Visible: Show divergence values
• Divergence On Chart Visible: Display divergence markers
• Divergence Arrow Size: Customize marker size
• Divergence Arrows Upper Gap: Adjust vertical gap from top
• Divergence Arrows Lower Gap: Adjust vertical gap from bottom
• Divergence Bullish Color: Set color for bullish divergence markers
Conclusion
The TDI RT Alerts Divergence Indicator for MT4 offers a precise combination of RSI, signal lines, and volatility bands to detect potential trend reversals and strategic entry zones. Its dual-line system—smoothed green RSI and red signal—enables traders to catch critical shifts in market direction, making it a valuable addition for both short-term and intraday strategies.