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Angle Regression Line with Divergence

The indicator allows determining the strength and direction of the trend precisely. The histogram displayed in a separate window shows changes of the slope of the regression line. A signal for entering a deal is crossing the zero line and/or a divergence. The indicator is also useful for wave analysis.

Input Parameters:

  • Period - period of calculation, 24 on default;
  • CalculatedBar - number of bars for displaying a divergence, 300 on default;
  • AngleTreshold - slope at which a flat is displayed, 6.0 on default (within the range from -6.0 to 6.0);
  • DisplayDiverAlert - enables notifications about divergence, true on default;
  • DisplayCrossZeroAlert - enables notifications about crossing the zero line, true on default;
  • DrawIndicatorTrendLines - enables displaying the trend lines of the indicator during divergence, true on default;
  • DrawPriceTrendLines - enables displaying the trend lines on the price chart during divergence, true on default;
  • LineBullDiverColor - select a color for the trend lines displayed during bullish divergence, Green on default;
  • LineBearDiverColor - select a color for the trend lines displayed during bearish divergence, Red on default.

Currency pair - any. Timeframe - any. Screenshots: GBPUSD М15, a real deal on EURUSD M15.

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This indicator gives full information about the market state: strength and direction of a trend, volatility and price movement channel. It has two graphical components: Histogram: the size and the color of a bar show the strength and direction of a trend. Positive values show an ascending trend and negative values - a descending trend. Green bar is for up motion, red one - for down motion, and the yellow one means no trend. Signal line is the value of the histogram (you can enable divergence sea
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VSA Volume Spread Analysis
Vladimir Gotsulenko
3.82 (11)
The indicator produces signals according to the methodology VSA (Volume Spread Analysis) - the analysis of trade volume together with the size and form of candlesticks. The signals are displayed at closing of bars on the main chart in the form of arrows. The arrows are not redrawn. Input Parameters DisplayAlert - enable alerts, true on default; Pointer - arrow type (three types), 2 on default; Factor_distance - distance rate for arrows, 0.7 on default. Recommended timeframe - М15. Currency pai
Angle Regression Line MT4
Vladimir Gotsulenko
4.67 (3)
The indicator allows determining the strength and direction of the trend precisely. The histogram displayed in a separate window shows changes of the slope of the regression line. A signal for entering a deal is crossing the zero line and/or a divergence. The indicator is also useful for wave analysis. Input Parameters: Period - period of calculation, 10 on default; Angle threshold - slope at which a flat is displayed, 6.0 on default (within the range from -6.0 to 6.0); Filter by volume - volume
The indicator produces signals according to the methodology VSA (Volume Spread Analysis) - the analysis of trade volume together with the size and form of candlesticks. The signals are displayed at closing of bars on the main chart in the form of arrows. The arrows are not redrawn. Input Parameters: DisplayAlert - enable alerts, true on default; Pointer - arrow type (three types), 2 on default; Factor_distance - distance rate for arrows, 0.7 on default. Recommended timeframe - М15. Currency pair
Displays divergence for any custom indicator. You just need to specify the name of an indicator name; on default it uses CCI. In addition you can set smoothing for the selected indicator as well as levels. If one of these levels is crossed, you'll receive a notification. The custom indicator must be compiled (a file with extension EX5) and it must be located in MQL5/Indicators directory of the client terminal or in one of its subdirectories. It uses zero bar of the selected indicator with defaul
Trend check
Vladimir Gotsulenko
This indicator gives full information about the market state: strength and direction of a trend, volatility and price movement channel. It has two graphical components: Histogram: the size and the color of a bar show the strength and direction of a trend. Positive values show an ascending trend and negative values - a descending trend. Green bar is for up motion, red one - for down motion, and the yellow one means no trend. Signal line is the value of the histogram (you can enable divergence sea
Power MT5
Vladimir Gotsulenko
The indicator is based on readings of two oscillators: Bulls Power and Bears Power. It clearly shows the balance of buyers and sellers power. A signal for entering a deal is crossing the zero line and/or a divergence. When the volume filter is enabled, yellow histogram bar shows low trading volume (below average for 50 previous bars). Input Parameters: Period - calculation period, 13 on default; CalculatedBar - number of bars for displaying a divergence, 300 on default; Filter by volume - volume
Angle DeMarker MT5
Vladimir Gotsulenko
The indicator shows the angle of the DeMarker indicator line, which allows you to identify possible price extrema more accurately. Histogram bar color and size indicate the direction and angle of the DeMarker line. When the trade volume control is enabled, a yellow bar is an indication of the volume being lower than average over the past 50 bars. The color of the main indicator line shows whether the price has reached an overbought/oversold level in accordance with DeMarker indicator values. The
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Version 1.40 2021.11.18
Улучшен алгоритм обработки
Version 1.30 2014.06.20
Added parameter Arrows displacement - used for convenient positioning of signal arrows.
Version 1.20 2013.09.18
Added volume filter. When it is enabled, the divergence signals are not sent in case the volume does not exceed the average volume for previous 100 bars. Three modes are available: False, True, Auto. In Auto mode the filter is automatically enabled for timeframes M30 and lower; and it is disabled for timeframes greater than M30.
Version 1.10 2013.09.16
Improved visualization of divergence.