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 mql4.com on 11.10.2007.
Fig.1 The Divergence indicator
Translated from Russian by MetaQuotes Software Corp.
Original code: https://www.mql5.com/ru/code/1516
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 limitPositions Change Informer
The Expert Advisor "catches" changes of the positions (opening, reversal, closing, triggering of Stop Loss and Take Profit) and depending on the configurations triggers the sound file, outputs alert or sends e-mail.