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TDI-With_Alerts - Indicator for MetaTrader 4

TDI-With_Alerts
TypeIndicators PlatformMT4 Version10 Date created19 May 2016 Date updated 3 August 2017
Formatmq4 Size24.2Kb Downloads173 Rating
4.5 of 5
based on 4 rates

A hybrid indicator that helps traders to determine the direction and strength of the trend, market volatility and the overall market situation - all at the same time. The graph is presented in the form of several color lines:

  • green - the RSI line;
  • red - the signal line;
  • blue - the line of volatility;
  • yellow - the basic line of price movement.

If the green line is above red, this is a signal for opening a long position, short positions should be opened when the red line is located above the green.

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