Divergence signals MT4

The indicator detects divergences between price and the Moving Average Convergence Divergence (MACD) and Relative Strength Index (RSI) technical indicators.

The indicator's signals do not repaint; an entry signal appears after the bar with the arrow closes.

Divergence is defined as follows:
  • If the price chart makes a new high, and the MACD or RSI value remains below the previous level, this is a bearish divergence.
  • If the price chart drops to new lows, and the MACD or RSI value remains above the previous levels, this is a bullish divergence.
Typically, the indicator's signals appear before a trend reversal. It is recommended to filter signals by trend direction on a higher timeframe.

Settings
  • Bars Count - number of bars for indicator calculation
  • Divergence indicator - an indicator for detecting divergences.
  • MACD FastEMA, MACD SlowEMA, MACD SMA, MACD Applied price - MACD indicator settings
  • RSI Period, RSI Overbought, RSI Oversold, RSI Applied price - RSI indicator settings
  • Send Alert - Enable alerts
  • Send Push Notification - Enable push notifications
  • Send Email - Enable email notifications

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The behavior of different currency pairs is interconnected. The Visual Correlation indicator allows you to display different Symbols on a single chart while preserving the scale. You can determine a positive, negative correlation, or lack thereof. Some instruments begin to move earlier than others. Such moments can be determined when overlaying charts. To display a tool on a chart, enter its name in the Symbol field. Version for MT5  https://www.mql5.com/en/market/product/109155
FREE
Important Levels Indicator
Andrey Tatarinov
4.67 (3)
The indicator displays important technical levels on the chart. These levels act as support or resistance for the price movement. The most important levels are multiples of 100 and 50 pips. You can also display levels in multiples of 25 pips . When the price reaches the level, an alert or push notification is displayed. MT5 version  https://www.mql5.com/en/market/product/69740 Settings Show Levels 100 pips - show levels that are multiples of 100 pips Show Levels 50 pips - show levels that are
FREE
Trend Hunter
Andrey Tatarinov
4.75 (20)
Trend Hunter is a trend-following indicator designed for trading Forex, CFDs, cryptocurrencies, and metals. It identifies long-term trends and locates trend-based entry points. Once a signal appears, it remains fixed and does not repaint. TakeProfit and StopLoss levels are calculated for each signal. Trades can be closed incrementally at multiple TakeProfit levels—multiples of the StopLoss size ( TP1 , TP2 , TP3 , TP5 , TP7 ). For ease of use, the indicator menu is located at the bottom of the c
Price Surfing
Andrey Tatarinov
The advantage of the Price Surfing indicator is the search algorithm for the extremes of the price of the instrument. Most indicator signals are located at local maximums and minimums of the price . For the convenience of the trader, the potential profit of each signal is displayed on the chart. The indicator does not repainting, the signal appears after the bar is closed. MT5 version  https://www.mql5.com/en/market/product/47179 Parameters SendAlert - enable alert of a new signal SendEMail - e
Price Surfing MT5
Andrey Tatarinov
5 (2)
The advantage of the Price Surfing indicator is the search algorithm for the extremes of the price of the instrument. Most indicator signals are located at  local maximums  and  minimums  of the price . For the convenience of the trader, the potential profit of each signal is displayed on the chart. The indicator does not repainting, the signal appears after the bar is closed. MT4 version  https://www.mql5.com/en/market/product/46054 Parameters SendAlert - enable alert of a new signal SendEMail
The indicator detects divergences between price and the Moving Average Convergence Divergence (MACD) and Relative Strength Index (RSI) technical indicators. The indicator's signals do not repaint; an entry signal appears after the bar with the arrow closes. Divergence is defined as follows: If the price chart makes a new high, and the MACD or RSI value remains below the previous level, this is a bearish divergence. If the price chart drops to new lows, and the MACD or RSI value remains above
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