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Divergence - indicator for MetaTrader 5
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- Published:
- 2013.02.14 05:31
- Updated:
- 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 mql4.com on 11.10.2007.
Fig.1 The Divergence indicator
Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/1516
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