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votes: 23
2013.02.14 05:31
2016.11.22 07:32

The indicator displays the situation when the direction of price movement and technical indicators does not coincide. It often appears when the indicator reaches overbought or oversold zones (20;80).

This indicator was first implemented in MQL4 and published in Code Base at on 11.10.2007.   

Fig.1 The Divergence indicator

Fig.1 The Divergence indicator

Translated from Russian by MetaQuotes Software Corp.
Original code:

Ma_Distance_From_Price Ma_Distance_From_Price

A semaphore signal indicator for the moments when the trend force measured by the deviation of the price from the Moving Average is higher than a fixed limit

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