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Diver GDP

Divergence Formation GDP (Gaussian or Normal Distribution of Probability) hereinafter "Diver" - is used for Fisher transform function to be applied to financial data, as result market turning points are sharply peaked and easily identified.

Classic (regular) and Reversal (hidden) Divergences - at your choice.

  • Adjustable sizes and all parameters
  • Flexible settings including VOID levels (alert function in place, arrows to show in which direction to trade)
  • No re-paint / No re-draw (must set CalcOnOpenBar=false)
  • "SetIndexBuffer" available for all variables (can be used in EA)
  • Auto-detect 4- and 5-digit price function
  • Light (does not over-load MT4)

In order for Regular Classic GDP Divergence to exist, Price must form one of the following:

  • BEARISH Diver: Higher high than the previous high (but the oscillator is lower high)
  • BULLISH Diver: Lower low than the previous low (but the oscillator is higher low)

As a rule, the occurrence of divergence means the completion of the movement (the weakening strength of the trend) and the possibility of strong correction or complete turn of the market. The higher the chart timeframe, the stronger the signal.

Second type of GDP Divergence is Reversal ("hidden"). It indicated continuation of the trend and can be detected when Price forms one of the following:

  • BEARISH Diver: Lower high than the previous high (but the oscillator is higher high)
  • BULLISH Diver: Higher low than the previous low (but the oscillator is lower low)

It should be noted that Reversal (or Hidden) GDP divergence is relatively rare, but reliability of the signal is quite good.


Indicator Parameters:

  • CalcOnOpenBar - if true: to include open bar for detecting Diver
  • DrawStandardDiv - if true: enable regular Divers
  • DrawReversalDiv - if true: enable hidden Divers
  • GD_Length - parameter of Gaussian Distribution
  • BullishDiv_ResetAbove - cancels Bullish Diver if the indicator crosses this level
  • BearishDiv_ResetBelow - cancels Bearish Diver if the indicator crosses this level

Diver parameters:

  • MaxBars - number of bars to draw Divers on the chart (reduces MT4 load)
  • DivWidth_MinBars - minimum horizontal distance between 2 extremums
  • DivWidth_MaxBars - maximum horizontal distance between 2 extremums
  • DivHeight_MinPips - minimum vertical distance between 2 extremums
  • DivHeight_MaxPips - maximum vertical distance between 2 extremums

Diver extremums:

  • Chart_LeftTop_BarsL - number of bars to form price left extremum (left side of price fractal)
  • Chart_LeftTop_BarsR - number of bars to form price left extremum (right side of price fractal)
  • Chart_RightTop_BarsL - number of bars to form price right extremum (left side of price fractal)
  • Chart_RightTop_BarsR - number of bars to form price right extremum (right side of price fractal)
  • Ind_LeftTop_BarsL - number of bars to form indicator left extremum (left side of indicator fractal)
  • Ind_LeftTop_BarsR - number of bars to form indicator left extremum (right side of indicator fractal)
  • Ind_RightTop_BarsL - number of bars to form indicator right extremum (left side of indicator fractal)
  • Ind_RightTop_BarsR - number of bars to form indicator right extremum (right side of indicator fractal)
  • LeftTops_MaxBarsDiff - additional space (in bars) for price and indicator to form left extremum
  • RightTops_MaxBarsDiff - additional space (in bars) for price and indicator to form right extremum
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Algo Trading Indicaor  With this indicator , you’ll have zones and trends that hight probability the price will reverse from it. so will gives you all the help that you need  Why should you join us !?  1-This indicator is logical since it’s working in previous days movement , to predict the future movements. 2-Algo trading indicator will help you to draw trends which is special and are too strong than the basics trend , trends will change with the frame time that you work on . 3-We can
StalkeR Arrow
Abdulkarim Karazon
5 (4)
StalkeR Arrow ist ein Pfeilindikator, der Kauf- und Verkaufssignale beim Öffnen/Intra-Bar des Balkens gibt. Dieser Indikator basiert auf Preisaktionsmustern und Fraktalen Dieser Indikator gibt tp und sl für jedes Kauf- und Verkaufssignal an. tp und sl liegen in Form von Linien über und unter jedem Signal vor und verlängern sich, bis ein neues Signal gebildet wird Dieser Indikator verfügt über ein Backtesting-Panel/Dashboard, das Gewinn-/Verluststatistiken von Verlaufssignalen liefert. Dieser I
Gann Signal
Kirill Borovskii
Gann Signal is a very simple indicator at first glance, but hidden inside is many years of experience in studying W.D.Ganna methods. The indicator gives accurate BUY/SELL signals, without redrawing. The indicator is very easy to use. All you need to do is attach it to your chart and follow its recommendations. The indicator constantly analyzes the market for entry opportunities. When such an opportunity appears, the indicator gives a signal in the form of an arrow. I repeat, all signals are NOT
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3 (2)
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3-SMA-Spread – instrumentenübergreifender Indikator für den Markt-Spread von 3 (drei) verschiedenen Instrumenten über den Aufbau eines visuellen iChannels (siehe Formel unten), der seine Breite proportional zum Input jedes Instruments ändert („Statistische Arbitrage“ basierend auf SMA) . Kernprinzip: Preislinien, die den Preisen „ihrer“ Symbole folgen, tendieren nach jeder Diskrepanz ständig dazu, zum Gesamtwert der „synthetischen“ Zentrale zurückzukehren. Mit anderen Worten: Ein System aus d
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5 (1)
3-Hull-Spread - professional cross-instrument stat.arb (Statistical Arbitrage) Indicator of the SPREAD of 3 (three) different instruments via building visual iChannel (see the equation below) that is changing its Width proportionally to the input from each instrument ("Statistical Arbitrage" based on Hull MA =HMA). Core principle: price lines following the prices of "their" symbols after each discrepancy, constantly tending to return to the total of "synthetic" central. In other words, a system
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Diver OBV
Oleksandr Medviediev
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Gartley Projection D
Oleksandr Medviediev
3.71 (7)
Der Indikator identifiziert die harmonischen Muster (XABCD) gemäß den Entwicklungen von H.M. Gartley („Profits in the Stock Market“, 1935г). Der D-Punkt wird als Punkt in der perspektivischen Projektion projiziert (geben Sie in den Einstellungen ProjectionD_Mode = true an). Wird nicht neu gezeichnet. Wenn ein Balken des Arbeitszeitraums schließt und sich der identifizierte Musterpunkt während der Balken von Patterns_Fractal_Bars nicht bewegt hat, erscheint ein Pfeil auf dem Diagramm (in Ric
Gartley Projections D
Oleksandr Medviediev
3 (2)
Der Indikator identifiziert die harmonischen Muster (XABCD) gemäß den Entwicklungen von H.M. Gartley („Profits in the Stock Market“, 1935г). Der D-Punkt wird als Punkt in der perspektivischen Projektion projiziert (geben Sie in den Einstellungen ProjectionD_Mode = true an). Wird nicht neu gezeichnet. Wenn ein Balken des Arbeitszeitraums schließt und sich der identifizierte Musterpunkt während der Balken von Patterns_Fractal_Bars nicht bewegt hat, erscheint ein Pfeil auf dem Diagramm (in Ric
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Version 5.56 2021.12.16
Recompiled in recent MT4 build.