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2013.02.14 05:31
Indicators

Divergence - indicator for MetaTrader 5

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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

Fig.1 The Divergence indicator

Translated from Russian by MetaQuotes Software Corp.
Original code: https://www.mql5.com/ru/code/1516

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