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You have something similar to that, but that us posted here : https://www.mql5.com/en/forum/general . It the case of divergence you would look for correlation -1
Amazing concept, we never stop learning in this business. As you said this brings the demonstration of the relaibility of the indicators but I find very difficult finding divergences this way because the line doesn't follow the price, or, at least, it is clear only for swing buyers in a bearish market.
So it's not exactly what I was looking for and, consifering the huge amount of indicators in the internet I wonder why nobody has never thought about the divergence between indicators. Maybe the answer is: someone tried to do it but could be it repainted like crazy
TrueStrengthIndex-div indicator!
This Divergence indicator found on net!
ElliotWaveOscillator-Divergence indicator!
Found this one on net!
Found this version. Not sure what is changed
Since I don't use multi timeframe much never realized the divergence was not working when using mtf
Hi Mrtools , can you make this indicator compatible with the latest MT4 format?
Thanks.
momentum_divergence2_mtfalerts-1.mq4
Hi Mrtools , can you make this indicator compatible with the latest MT4 format?
Thanks.
momentum_divergence2_mtfalerts-1.mq4Miss
Here is a new metatrader 4 compatible version : momentum_divergence2_mtfalerts-1_nmc.mq4
Miss Here is a new metatrader 4 compatible version : momentum_divergence2_mtfalerts-1_nmc.mq4
Thanks Mladen
Vladimir divergence recognition
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this does not work and seems a good
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this does not work and seems a good
geonai
default parameters used :
What does not work?
Works for me