TDI Killer + RSI Divergence: Advanced Indicator for Trend Reversals and Continuations Overview The TDI Killer + RSI Divergence is an advanced RSI-based indicator designed to identify high-probability trend reversals and continuations. It integrates the Traders Dynamic Index (TDI) with RSI divergences and dynamic volatility bands to enhance accuracy. This script is closed-source to maintain the integrity of its unique calculations and optimizations.
Key Features RSI Divergence Detection: Identifies bullish and bearish divergences for potential trend reversals. Dynamic Volatility Bands: Adjust to market conditions for improved signal reliability. SharkFin Alerts: Highlights potential breakout zones when RSI reaches critical thresholds. MBL Slope Confirmation: Confirms trend direction using the Market Base Line (MBL). Why This Script is Closed-Source The TDI Killer + RSI Divergence incorporates advanced calculations and optimized methodologies, providing a unique edge over open-source alternatives. By keeping the script closed-source, we ensure that these proprietary techniques remain exclusive to our users.
How to Use Buy Signals: Triggered when RSI aligns with bullish conditions and confirmed by MBL slope. Sell Signals: Triggered when RSI aligns with bearish conditions and confirmed by MBL slope. SharkFin Alerts: Use these alerts to anticipate potential breakouts or reversals. Compatibility This indicator works across all timeframes and market types, including forex, stocks, commodities, and cryptocurrencies. It is designed for traders seeking precise and reliable trading setups.
Disclaimer While the TDI Killer + RSI Divergence is designed to enhance trading accuracy, no indicator guarantees 100% reliability. Always apply proper risk management and combine this tool with other analysis techniques for best results.