This indicator can raise my confidence a tick or two, and also provoide a few extra opportunities in the market
Can I ask how you take advantage of the mtf function?
I am using mtf myself sometimes but I find that it clutter chart to much and often makes confusion.
Thanks alot for the great indi
I've tested a lot of stochastics divergence indicators but can't find one where the divergence signal can be resitricted to 'over85'/'under 15' levels.
Is there such an indicator available with an alert/signal?
I should add that negative divergence should be based on highs and positive divergence based on lows within the levels chosen.
Good question. I don't use the mtf function on oscillators. I have 2, sometimes 3 windows of one pair open with diffenrent timeframes. There are more divergences with more timeframes, eg on M5 chart you have small trend but on M15 you see the potential reversal point better, because there is no trend anymore, it appears as normal swing. But I had problems to see that on one chart. For one chart only I would prefer rainbow stochastic - if you have to trade on your smartphone
Hi Mladen / Mrtools,
Can you please add divergence and alerts to the attached indicator?
FX5 divergence version 2.1 (compatible with new mt) fx5_divergence_v2_1.mq4
Best Friend Team
I am lookinng for MT4 Demark Divergence indicator ??
Can you help?
Hi mrtools, can you help me to find this indicator, that works on MT4 build 765?
Here is a version compatible with new mt4 : momentum_divergence_mtf_nmc.mq4
I am looking for an Indicator with show Divergence on the macd version i attach below , with a sound alert signal. Can any one programer help out please.
I havent tried this before. Looks useful. So i will!
Wildhog divergence wildhog-nrp-divergence.mq4