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2016.04.13 15:45
DivergenceBar

DivergenceBar - indicator for MetaTrader 5

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811
Rating:
votes: 8


Real author:

Dmitry Zhebrak aka Necron

Description:

A signal indicator which points at the reverse bars based on Bill Williams' Profitunity system excluding the angulation relative to the Alligator indicator mouth.

  • Green marker (bullish reversal bar) — buy signal.
  • Red marker (bearish reversal bar) — sell signal.

The indicator has originally been written in MQL4 and was first published in the Code Base on 26.05.2015.

Image:

Fig.1. The DivergenceBar indicator

Fig.1. The DivergenceBar indicator

Translated from Russian by MetaQuotes Software Corp.
Original code: https://www.mql5.com/ru/code/14895

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