I want to find a Bollinger Divergence Indicator, Do you have any recommended settings?
Can you post what are math rules for Bollinger divergence (or a description of it)?
just like this if can ?
Bollinger Band Divergence-Indi Request (Profitably tested) @ Forex Factory
or if can make this one divergence
Percent Bollinger Bands smooth_mtf nmc.mq4
Do we have a divergence on a smoothed rsi somewhere?
Important Question to MLaden/Mr Tools.
Why has this stochs divergence indicator not picked up this sell divergence? The overbought value was going down whilst the price was going up.
Illustration and indicator attached.
Can a new divergence indicator be made please?
It will be specifically for reversals.
Thanks if anyone can give this some time.
I couldn`t find a good osma divergence indi (thought unless it is not a oscillator like rsi or so, it would be better)
So I found this realy, realy good working momentum divergence indicator.
There is a issue I wanted to ask for help. In current tf (in this case M30) it gives excellent alert (message pop up)... but 30 to 40 alerts every second one, in a row.
Did not try if its the same when used as mtf.
Checked other indis, tf, restard MT4 and so on. Only this indicator shows that issue.
Could you please have a look at it and try to fix it?
That would be realy nice.
If anyone interested, I use it in combination with the excellent regularized ema + alerts. Promissing strategy.
A question : did it perhaps have two type of divergence at the same bar?