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Divergence MTF

Multi-timeframe indicator Divergence MTF

This indicator shows divergences/convergences of price chart and author's indicators on several timeframes.

For your convenience, we have added arrow UP to BUY and arrow DOWN to SELL. Also, this indicator can be used for reversal signals or a strong correction (when using D1 and above).

My team have used divergences to trade in market for a long time, and its has been proved to be only on the positive side.

Attention! This indicator does not repaint, its signals are not changed after MetaTrader reboot.

 

Settings

  • Periods to find divergence - Choice of timeframe, you need to write it with ";"
  • Show arrows on the chart - Show arrows on chart
  • CCI Period - Indicator CCI period 
  • T3 Period - Indicator T3 period
  • Position on chart - Choice of indicator's position 
  • Font size - Size of indicator's text
  • colorUp - Color of arrow UP
  • colorDown - Color of arrow DOWN
  • Color Inside Bar - Color of arrow (when it shows strong signal)
  • Alerts - Alert ON/OFF
  • Sound - Sound when alert is ON 
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