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TSO Top Bottom Divergence MT5

This indicator combines double bottom and double top reversal chart patterns together with RSI divergence detection.


Features

  • Easily detect strong reversal signals.
  • Allows to use double top/bottom and RSI divergence signals combined or independently.
  • Get email and/or push notification alerts when a signal is detected.
  • Custom colors can be used.
  • The indicator is not repainting.
  • Can easily be used in an EA. (see below)


Inputs

  • ENABLE Double Top - Bottom: Enable the double top - bottom indicator.
  • ENABLE Show Double Top - Bottom Potential: Show Potential Double Top - Bottom before happens(repaint feature)
  • ENABLE Divergence: Enable the RSI divergence indicator.
  • RSI Period: Set the period of the RSI.
  • RSI Applied Price: The bar price to be used for RSI calculations.
  • Relationship between Double Top-Bottom and RSI Divergence:
    • Combined: All Double Top - Bottom signals are shown but only the RSI Divergence Signals that correspond with Double Top - Bottom signals are shown. Both Double Top - Bottom and RSI Divergence indicators should be enabled.
    • Independent: Each indicator presents their signals independently.
  • Number of Bars (Odd Number) [Affects only Divergence]: This is the number of bars that are required to detect a price high or low, including the top/bottom bar. For example, if set to 5, price HIGHs will be detected at bars which have a HIGH that is higher than the HIGH of the first two bars on their left and right. If RSI Divergence is used independently, it uses this mechanism to detect highs and lows. Otherwise, highs and lows are detected through the Double Top/Bottom indicator.
  • ENABLE Alert For Divergences: Get an alert when divergence is detected.
  • ENABLE Alert For Double Top - Bottom: Get an alert when double top/bottom is detected.
  • ENABLE Metatrader Alert: Get an alert on the MetaTrader platform.
  • ENABLE Email Alert: Get an alert to your email.
  • ENABLE Push Notification: Get a push notification on your mobile.


For EA Developers

  1. RSI value: Buffer = 0
  2. Divergence Signal: Buffer = 1
    • Buy = 0
    • Sell = 1
  3. First Bottom value: Buffer = 2
  4. Second Bottom value: Buffer = 3
  5. First Top value: Buffer = 4
  6. Second Top value: Buffer = 5
  7. Top/bottom Signal: Buffer = 6
    • Buy = 0
    • Sell = 1
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Divergenzen sind schwierig zu finden und seltener anzutreffen. Sie sind eines der zuverlässigsten Handelsszenarien. Dieser Indikator sucht automatisch mit Ihrem bevorzugten Oszillator nach regelmäßigen und versteckten Abweichungen. [ Installationsanleitung | Update-Anleitung | Fehlerbehebung | FAQ | Alle Produkte ] Einfach zu handeln Findet regelmäßige und versteckte Abweichungen Unterstützt viele bekannte Oszillatoren Implementiert Handelssignale basierend auf Ausbrüchen Zeigt geeignete
Easy By Sell is a market indicator for opening and closing positions. It becomes easy to track market entries with alerts. It indicates trend reversal points when a price reaches extreme values ​​and the most favorable time to enter the market. it is as effective as a Fibonacci to find a level but it uses different tools such as an algorithm based on ATR indicators and Stochastic Oscillator. You can modify these two parameters as you wish to adapt the settings to the desired period. My othe
Volume Order Blocks MT5
Suvashish Halder
5 (6)
Introducing the Volume Order Blocks indicator, a game-changing tool designed for traders who demand precision and clarity in their market analysis. This advanced indicator not only identifies order blocks but also integrates crucial volumetric data, allowing you to gauge the strength of these blocks with unparalleled accuracy. MT4 version -  https://www.mql5.com/en/market/product/121237/ Key Features of the Volume Order Blocks: Bullish & Bearish Order Blocks: Easily visualize and differentiat
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Daniel Stein
4.63 (32)
Sie wollen ein konstant profitabler 5-Sterne-Forex-Händler werden? 1. Lesen Sie die grundlegende Beschreibung unseres einfachen Trading Systems und sowie das große Strategie-Update im Jahr 2020 2. Senden Sie einen Screenshot Ihres Kaufs, um Ihre persönliche Einladung zu unserem exklusiven Trading-Chat zu erhalten FX Trend zeigt Ihnen die Trendrichtung, Dauer, Intensität und die daraus resultierende Trendbewertung für alle Zeitrahmen in Echtzeit an. Sie sehen auf einen Blick, in welche Richtu
The Price Action Finder Multi indicator is an indicator of entry points that searches for and displays Price Action system patterns on dozens of trading instruments and on all standard time frames: (m1, m5, m15, m30, H1, H4, D1, Wk, Mn). The indicator places the found patterns in a table at the bottom of the screen. By clicking on the pattern names in the table, you can move to the chart where this pattern is located. Manual (Be sure to read before purchasing) | Version for MT4 Advantages 1. Pa
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4.54 (13)
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TSO Loss Management MT5
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TSO Loss Management is an Expert Advisor that incorporates advanced mechanics to eliminate losses from losing trades. Adapts to diverse market conditions and micromanages each position to cover losses as fast as possible and with minimum risk It uses all the tools of the TSO Signal Builder EA - almost infinite entry/exit strategies Add negative management to any strategy (manual or automated) to eliminate losing trades No pending orders placed Any account size - $1,000+ is recommended Allows for
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Version 1.33 2020.05.02
- fix some issues
Version 1.32 2019.05.13
- fix minor issue
Version 1.31 2019.04.23
- New feature for showing potential double top/bottom before happens
- Adding alert for double top/bottom
Version 1.20 2017.10.26
- Code optimization
- Minor bug fixes
Version 1.1 2017.10.16
- Added support for signal notifications through email and push notifications on mobile devices.