TDI-s5 is multifunction forex indicator with same interesting signals for different situation.
- You can use it like the Bollinger bands.
- You can look for crossing green and red line for searching trend direction.
- When red line cross blue middle line it is also good trend signal.
Use different settings for each pairs and timeframes.
![Multifunction forex indicator TDI-s5 [mt4]](https://files.fortraders.org/uploads/2019/06/tdi-s5-730x443.png)
More
https://fortraders.org/en/forex-indicators/forex-oscillator-r-squares-mt4.html
