NO EXTERNAL LINKS, SOURCE CODE REQUESTS OR MODIFICATION OF DECOMPILED INDICATORS. To avoid post deletion please follow the rules.

Re: Ultimate TDI indicators thread for MT4

#281
HI EVERYONE ! I was wondering anyone of you could help me add this simple yet useful feature to this TDI indicator? :

1. Add the text label on the corner of the TDI indicator as shown in the screenshot attached below ;
Whenever tdi price + signal line cross above 50 level, show the text UPTREND
Whenever tdi price + signal line cross below 50 level, show the text DOWNTREND
Based on the screenshot below,
* GREEN LINE -> RSI Price line
* RED LINE -> RSI Signal line
## ignore the yellow line as its mid of volatility band ( which is also known as market base line ) , i only need to know whether RSI Price+ Signal line cross above/below 50 level of RSI as they move faster, hence giving me time to prepare if my trades change direction.

2. Add the option to customize the color of the text label also,
Default color ;
LIME -> UPTREND
RED -> DOWNTREND

3. Add the option to change the x/y positions of the text label downtrend/uptrend of TDI
DEFAULT POSITIONS : Just slightly on top of the 50 RSI level

Thanks in advance if anyone can fulfill this small request of mine ! :D
TDI Red_Green (mtf + alerts +arrows).mq4
(36.58 KiB) Downloaded 109 times
Screen Shot 31-7-2020 at 1.16 AM.png


Re: Ultimate TDI indicators thread for MT4

#282
yeehc wrote:
Fri Jul 31, 2020 2:59 am
HI EVERYONE ! I was wondering anyone of you could help me add this simple yet useful feature to this TDI indicator? :

1. Add the text label on the corner of the TDI indicator as shown in the screenshot attached below ;
Whenever tdi price + signal line cross above 50 level, show the text UPTREND
Whenever tdi price + signal line cross below 50 level, show the text DOWNTREND
Based on the screenshot below,
* GREEN LINE -> RSI Price line
* RED LINE -> RSI Signal line
## ignore the yellow line as its mid of volatility band ( which is also known as market base line ) , i only need to know whether RSI Price+ Signal line cross above/below 50 level of RSI as they move faster, hence giving me time to prepare if my trades change direction.

2. Add the option to customize the color of the text label also,
Default color ;
LIME -> UPTREND
RED -> DOWNTREND

3. Add the option to change the x/y positions of the text label downtrend/uptrend of TDI
DEFAULT POSITIONS : Just slightly on top of the 50 RSI level

Thanks in advance if anyone can fulfill this small request of mine ! :D
from jeanlouie @ forexfactory
TDI Red_Green (mtf + alerts +arrows + label).mq4
(39.7 KiB) Downloaded 306 times
tdi label edit pic1.png
To Reduce CPU and RAM usage -- MT4 > Tools > Options > Chart --->> Decrease "max bars in history" and "max bars in chart" (My setting is 5000)

Re: Ultimate TDI indicators thread for MT4

#283
Banzai wrote:
Sun Aug 02, 2020 1:06 pm
yeehc wrote:
Fri Jul 31, 2020 2:59 am
HI EVERYONE ! I was wondering anyone of you could help me add this simple yet useful feature to this TDI indicator? :

1. Add the text label on the corner of the TDI indicator as shown in the screenshot attached below ;
Whenever tdi price + signal line cross above 50 level, show the text UPTREND
Whenever tdi price + signal line cross below 50 level, show the text DOWNTREND
Based on the screenshot below,
* GREEN LINE -> RSI Price line
* RED LINE -> RSI Signal line
## ignore the yellow line as its mid of volatility band ( which is also known as market base line ) , i only need to know whether RSI Price+ Signal line cross above/below 50 level of RSI as they move faster, hence giving me time to prepare if my trades change direction.

2. Add the option to customize the color of the text label also,
Default color ;
LIME -> UPTREND
RED -> DOWNTREND

3. Add the option to change the x/y positions of the text label downtrend/uptrend of TDI
DEFAULT POSITIONS : Just slightly on top of the 50 RSI level

Thanks in advance if anyone can fulfill this small request of mine ! :D
from jeanlouie @ forexfactory
Thanks for sharing Banzai! Yet another masterpiece from sir JeanLouie🙌

Re: Ultimate TDI indicators thread for MT4

#284
Can someone PLEASE take one of the TDIs shared on this site (ideally an MTF version) and make it so that alerts any time the RSI price line returns into the Bollinger Bands (obviously after leaving it and forming a shark fin)? Also, adding an arrow option would making it amazing too.
This should be pretty easy to add as an option, yes?
Thank you!
I've attached one of the TDIs you could use. Otherwise, use any other MTF version!
TDI - smoothed (mtf + alerts + arrows + divergence).ex4
(103.75 KiB) Downloaded 73 times

Re: Ultimate TDI indicators thread for MT4

#285
DVanAssen wrote:
Mon Nov 02, 2020 5:45 pm
rain wrote:
Mon Nov 02, 2020 11:48 am
Can someone PLEASE take one of the TDIs shared on this site (ideally an MTF version) and make it so that alerts any time the RSI price line returns into the Bollinger Bands (obviously after leaving it and forming a shark fin)?
DVan, why did you quote the post without a reply?

Also, Rain when you say "Shark Fin" do you mean the TDI "Hook" as mentioned in Page 1 of this thread?
TDI Hook.png
Download over 500+ Forex & Trading books from Forex-Station's (member's only) Trader's Library.


Re: Ultimate TDI indicators thread for MT4

#286
ChuChu Rocket wrote:
Mon Nov 02, 2020 8:03 pm
DVanAssen wrote:
Mon Nov 02, 2020 5:45 pm
DVan, why did you quote the post without a reply?

Also, Rain when you say "Shark Fin" do you mean the TDI "Hook" as mentioned in Page 1 of this thread?
Nope, a Shark Fin is where the RSI (green) goes outside of the blue bollinger bands, it often looks like a shark fin, but it shows overbought/oversold better. It would give less signals than the standard RSI red/green cross, but they're often a warning of a reversal coming up.
download.png
Here's an example. This one the shark fin happens right before the RSI cross happens, but sometimes the Shark Fin happens and signals a reversal at the exact right point while it take the green/red RSIs a few more candles to catch up.

Re: Ultimate TDI indicators thread for MT4

#287
rain wrote:
Tue Nov 03, 2020 4:15 am
ChuChu Rocket wrote:
Mon Nov 02, 2020 8:03 pm


DVan, why did you quote the post without a reply?

Also, Rain when you say "Shark Fin" do you mean the TDI "Hook" as mentioned in Page 1 of this thread?
Nope, a Shark Fin is where the RSI (green) goes outside of the blue bollinger bands, it often looks like a shark fin, but it shows overbought/oversold better. It would give less signals than the standard RSI red/green cross, but they're often a warning of a reversal coming up.
download.png
Here's an example. This one the shark fin happens right before the RSI cross happens, but sometimes the Shark Fin happens and signals a reversal at the exact right point while it take the green/red RSIs a few more candles to catch up.
Not sure how to code an accurate version of the shark fin.

Re: Ultimate TDI indicators thread for MT4

#288
mrtools wrote:
Tue Nov 03, 2020 5:19 am
rain wrote:
Tue Nov 03, 2020 4:15 am
Nope, a Shark Fin is where the RSI (green) goes outside of the blue bollinger bands, it often looks like a shark fin, but it shows overbought/oversold better. It would give less signals than the standard RSI red/green cross, but they're often a warning of a reversal coming up.
Not sure how to code an accurate version of the shark fin.
From what I gather, it seems the Shark Fin is the TDI Hook but also piercing back into the outer Volatility Bands!

For example:
TDI-Sharkfin-example.png
Download over 500+ Forex & Trading books from Forex-Station's (member's only) Trader's Library.


  1. Similar Topics

    1. 3 Replies
      3110 Views
    2. XARD is HARD: Newbies thread

      16 Replies 3133 Views

      by ramanthind02, Sun Feb 16, 2020 12:23 pm in New Members & Common Forex Q&A's

      16 Replies
      3133 Views

Return to “MT4 Indicators”