With the development of free electron laser (FEL) and the international linear collider (ILC), the electron bunch length is getting smaller and smaller. The traveling-wave transverse RF deflecting structure is an important part of the RF deflecting method for bunch length measurement and phase space diagnostics. The operation mode in RF deflector is the ``TM₁₁-like'' mode. Since the TM₁₁-like mode in this structure has a pair of degenerate dipole modes, two additional holes are provided on either side of each iris to stabilize the mode. The simulation and optimization have been done. A prototype has been fabricated and tested. The cold test results have been compared with the simulations of the first three modes.