Divergence Indicator - page 20

Mladen Rakic
155794
Mladen Rakic  
Davex81:
Hi guys, does someone has an indicator which spots a divergence not between the price and an indicator but beetween TWO indicators, let's say RSI and Stochastic. I mean one indicator is doing a new high but the other one isn't confirming it. Here's an example (RSI 5 and stochastic 9,3,3):

As far as I can see this combination produces very good signals and sometimes very strong, even if could not be 100% accurate, obviously.

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

Davide Corda
7
Davide Corda  
mladen:
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

secretcode
898
secretcode  

TrueStrengthIndex-div indicator!

This Divergence indicator found on net!

secretcode
898
secretcode  

ElliotWaveOscillator-Divergence indicator!

Found this one on net!

tampa
2047
tampa  

Found this version. Not sure what is changed

Miss
17
Miss  
mrtools:
Since I don't use multi timeframe much never realized the divergence was not working when using mtf , in this version that is fixed.

Hi Mrtools , can you make this indicator compatible with the latest MT4 format?

Thanks.

momentum_divergence2_mtfalerts-1.mq4

Mladen Rakic
155794
Mladen Rakic  
Miss:
Hi Mrtools , can you make this indicator compatible with the latest MT4 format?

Thanks.

momentum_divergence2_mtfalerts-1.mq4

Miss

Here is a new metatrader 4 compatible version : momentum_divergence2_mtfalerts-1_nmc.mq4

Miss
17
Miss  
mladen:
Miss Here is a new metatrader 4 compatible version : momentum_divergence2_mtfalerts-1_nmc.mq4

Thanks Mladen

200271
50
200271  
tampa:
Vladimir divergence recognition

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this does not work and seems a good

Mladen Rakic
155794
Mladen Rakic  
geonai:
-

this does not work and seems a good

geonai

default parameters used :

What does not work?

Files:
vladimir.gif 59 kb