Divergence of Correlation

This is an indicator of trading instruments' correlation. It shows the difference of price values of two symbols.

The increase in price divergence and the reduction of price divergence can be seen as signals to transactions. The indicator can be used for hedge strategies.

The indicator sends Alerts and Push-notifications to the mobile app about the crossing of the moving averages of Envelopes.

The indicator has a simple setup. You need to put him in the window of the traded instrument and choose settings:

  • Correlated_Symbol - select the trading instrument, for which the difference of the correlation is to be calculated (symbol name is entered manually).
  • Reverse - switch on inverse correlation.
  • SignalSMA - select a period of the signal simple moving average.
  • Envelopes_Period - selecting the period of signal simple moving averages of Envelopes.
  • Envelopes_Deviation - percentage of moving Envelopes offset from the average value.
  • Alerts_of_crossing_Envelopes - enable notifications.


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Scalper Inside PRO helps you read the intraday trend and plan a trade before you enter the market. It is built around three exclusive strategies for a sharper read of the market. The moment a signal appears, the indicator evaluates market direction and calculates the key levels, so you see the potential entry, the expected stop-loss and several profit-taking levels in advance. Detailed performance statistics show how different instruments and strategies performed in history and help you pick ass
Trend Catcher ind
Ramil Minniakhmetov
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TREND CATCHER INDICATOR Trend Catcher Indicator analyzes market price movements, using a combination of the author’s proprietary and customized adaptive trend-analysis indicators.  It identifies the true market direction by filtering out short-term noise and focusing on underlying momentum strength, volatility expansion, and price structure behavior.  It also uses a combination of smoothing and trend-filtering customized indicators such as moving averages, RSI, and volatility filters.   Real ope
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The indicator places levels on the chart: day and week high, day and week low. When the price crosses the high's level upwards or the low's level downwards, the indicator beeps and send a notification (Alert and Push-notification on mobile phone ) indicating a direction and an instrument by which crossing has occurred, and also draws arrows. Visual parameters: Day_Width   - daily level width. Days_Alerts - enabling Alerts. Days_Arrows   - enabling drawing arrows. Day_High   - color of daily high
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This is a full-fledged Price Action trading system based on the searching for entry points at the moment when the price breaks the trend lines. The indicator finds and draws the lines of support, resistance and horizontal levels. When the price crosses these lines, the indicator gives signal Alert and sends a Push notification. You can also draw your own lines, and the indicator will also work with them and give signal Alerts and Push notifications about price crossing all your lines. Your own
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