Divergence Osw MT5
- Indicators
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William Oswaldo Mayorga Urduy
MQL4 and MQL5 trader and developer since February 2019, delivering projects in under one day and providing post-delivery technical support.
Optimized code, advanced logic, and high-quality code. - Version: 1.0
- Activations: 5
Divergence Master: Precision in Reversal and Continuation
Professional Description
The Divergence Master indicator is an advanced tool that merges the algorithmic structure of the ZigZag with the dynamism of the RSI. Designed for the professional trader, this system filters market noise by identifying imbalances between price and momentum, projecting high-probability entry signals and automatic risk management levels.
Key Menu Parameters
Depth / Deviation / BackStep: Adjust ZigZag pivot detection to capture precise structural fractals.
RSI Period: Defines the sensitivity of the oscillator for divergence calculation.
External / Internal divergence: Activates exhaustion (Reversal) or trend strength (Continuation) signals.
Show SL / TP1 / TP2: Projects suggested Stop Loss and Take Profit levels based on market structure.
Alerts: Complete notification system (Push, Email, and sound alerts).
Intuitive Visual Analysis
Bullish Signals: Blue and violet arrows located below the price.
Bearish Signals: Brown and fuchsia arrows located above the price.
Validation Lines: Draws connection points between the chart and the oscillator to confirm divergence validity.
Management Levels: Gray lines visually indicate where to place protection and take profits.
Operational Guide and Recommendations
External Operation: Use it to capture turns at tops and bottoms after an exhausted trend.
Internal Operation: Ideal for joining strong trends during technical pullbacks (Smart Money).
Ideal Configuration: Superior performance on M15, H1, and H4. Compatible with Currencies, Indices, and Commodities.
Risk Management: Use TP1 to secure partials and TP2 to maximize the reward/risk ratio.
