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Bar Strength Divergence indicator for MT5

5

Bar Strength Divergence Indicator

BarStrength Indicator is an exclusive indicator to trade Forex, Stocks, Indices, Futures, Commodities and Cryptos.
BarStrength Indicator shows the strength of each candle.
The indicator shows in a separate windows candles relatively to 2 price levels representing resistance and support in the market.
Once candle is near resistance it is highly probable that price movement will change direction and will go down in the next candles.
Once candle is near support it is highly probable that price movement will change direction and will go up in the next candles.
The indicator can also be used to easily spot divergences between real price movement (main chart) and BarStrength indicator movement (indicator window).

The only input of the indicator is :

  • MaxBars: number of candles to be displayed with the indicator

BarStrength indicator can be combined with other oscillators like Stochastic or RSI for confirmation purposes.
The indicator can work with any class of assets: Forex, Stocks, Indices, Futures, Commodities and Cryptos.
The indicator can be used with any time frame.

Other indicators for MT4:
We developed more than 60 indicators and utilities for Metatrader 4 and Metatrader 5.

Indicators for MT5:
All our indicator are developed both for MT4 and MT5.

List of all our indicators:
👉  You can get the complete list of our indicators visiting our profile page.


Bewertungen 1
matador0312
87
matador0312 2022.12.31 08:21 
 

Simply the best divergence tool. No repaint, no bugs! Great Job. 👍👍👍

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Good day! I present to you a trading technical indicator for Deriv broker synthetic indices. This indicator ONLY works with the following indices: Boom 300 Index Boom 500 Index Boom 1000 Index Crash 300 Index Crash 500 Index Crash 1000 Index The indicator was created to give signals to open medium-term trades in the direction of Spikes. But you can open trades in the opposite direction to Spikes, at your own risk. Trade only on M1. Other TFs do not guarantee the correct operation of the indic
Eng Gold
Ely Alkrar Xshkaky
ENG-GOLD Scalper It is an auxiliary indicator that identifies potential targets and determines the place of entry with a stop loss that works on Heiken Ashi candles  The green lines are usually the targets, the red lines are the stop loss, and the yellow lines are the entry location.  This file is recognized on small and medium frames, usually less than the watch frame I highly recommend using XAUUSD US100 US30 USOIL 
IVISTscalp5
Vadym Zhukovskyi
5 (3)
Wir stellen Ihnen den iVISTscalp5-Indikator vor, der nicht nur einzigartig, sondern auch effektiv im Handel ist. Dieser Indikator basiert auf Zeitdaten und ist das Ergebnis jahrelanger Erfahrung und eingehender Analyse der Finanzmärkte. Der iVISTscalp5-Indikator ist ein ausgezeichnetes Werkzeug für manuellen Handel. Bequemlichkeit, Einfachheit und Visualisierung - die gesamte Komplexität ist verborgen. Wir haben die Einstellungen und Verwendung des iVISTscalp5-Indikators auf das Maximum vereinfa
Malaysian SNR Levels
Matthias Horst Pieroth
This indicator can be used to display Support and Resistance levels according to  the  Malaysian SNR concept , in which Support and Resistance are exact levels of a line chart. Malaysian SNR There are 3 different horizontal levels in Malaysian SNR: A-Level : This level is located at the peak of this line chart. (shape looks like the letter A) V-Level : Level at the valley of a line chart, (shape looks like the letter V) Gap-Leve l: This level is located at the Close/Open gap between two cand
PZ Swing Trading MT5
PZ TRADING SLU
5 (4)
Swing Trading ist der erste Indikator, der Schwankungen in Trendrichtung und mögliche Umkehrschwankungen erkennt. Es wird der in der Handelsliteratur weit verbreitete Baseline-Swing-Trading-Ansatz verwendet. Der Indikator untersucht mehrere Preis- und Zeitvektoren, um die aggregierte Trendrichtung zu verfolgen und erkennt Situationen, in denen der Markt überverkauft oder überkauft ist und zur Korrektur bereit ist. [ Installationsanleitung | Update-Anleitung | Fehlerbehebung | FAQ | Alle Produkte
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5 (1)
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Renaud Herve Francois Candel
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matador0312
87
matador0312 2022.12.31 08:21 
 

Simply the best divergence tool. No repaint, no bugs! Great Job. 👍👍👍

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Version 1.10 2023.07.04
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