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
This Divergence indicator found on net!
Found this one on net!
Found this version. Not sure what is changed
Hi Mrtools , can you make this indicator compatible with the latest MT4 format?
Here is a new metatrader 4 compatible version : momentum_divergence2_mtfalerts-1_nmc.mq4
default parameters used :
What does not work?