TSO Total Top Bottom Divergence

A must-have tool for any strategy based on divergence detection. 10 different oscillators can be used to detect divergences and can be combined with Double Top/Bottom patterns to confirm reversal signals.

SCANNER is included. Now with Scanner you can find trading opportunities and setups easily and faster.

Features

  • Easily detect strong reversal signals.
  • 10 different oscillators are available for divergence detection.
  • Divergence & Top/Bottom detection can operate independently or combined.
  • Get email / push notifications when a divergence is detected.
  • The indicator is not repainting.
  • Can easily be used in an EA (see For Developers).


Available Oscillators for Divergence Detection

  1. Relative Strength Index (RSI).
  2. Commodity Channel Index (CCI).
  3. Chaikin Oscillator (CHO).
  4. Chande Momentum Oscillator (CMO).
  5. Moving Average Convergence Divergence (MACD).
  6. Momentum.
  7. Stochastic.
  8. Stochastic RSI.
  9. Relative Vigor Index (RVI).
  10. Rate Of Change (ROC).


Inputs

  • Name: The name to appear in the parentheses at the top left corner of the oscillator window.
  • ENABLE Double Top - Bottom: Enable the double top - bottom indicator.
  • Select Divergence Oscillator: Select one of the available divergence indicators or disable divergence detection.
  • Relationship between Double Top-Bottom and RSI Divergence:
    • Combined: All Double Top - Bottom signals are shown but only the RSI Divergence Signals that correspond with Double Top - Bottom signals are shown. Both Double Top - Bottom and RSI Divergence indicators should be enabled.
    • Independent: Each indicator presents their signals independently.
  • Number of Bars (Odd Number) [Affects only Divergence]: This is the number of bars that are required to detect a price high or low, including the top/bottom bar. For example, if set to 5, price HIGHs will be detected at bars which have a HIGH that is higher than the HIGH of the first two bars on their left and right. If RSI Divergence is used independently, it uses this mechanism to detect highs and lows. Otherwise, highs and lows are detected through the Double Top/Bottom indicator.
The following inputs are separated into groups relating to each of the available oscillators. Only the inputs relating to the indicator selected in the Select Divergence Oscillator field need to be adjusted.
  • RSI Period.
  • RSI Applied Price: The bar price to be used for RSI calculations.
  • CCI Period.
  • CCI Applied Price: The bar price to be used for CCI calculations.
  • CHO Fast Period: Set the fast period of CHO.
  • CHO Slow Period: Set the slow period of CHO.
  • CHO Method: Set the method of calculation of CHO.
  • CHO Applied Volume: The volume to be used for CHO calculations. (Use real volume only when provided, e.g. stocks, and tick volume when real is not available, e.g. FOREX).
  • CMO Period.
  • MACD Fast Period: Set the fast period of MACD.
  • MACD Slow Period: Set the slow period of MACD.
  • MACD Signal Period: Set the period for the MACD signal.
  • MACD Applied Price: The bar price to be used for MACD calculations.
  • Momentum Period.
  • Momentum Applied Price: The bar price to be used for Momentum calculations.
  • Stochastic %K Period: Set the period for calculating %K of the Stochastic oscillator.
  • Stochastic %D Period: Set the period for calculating %D of the Stochastic oscillator.
  • Stochastic Slowing: Set the internal smoothing of %K.
  • Stochastic Method: Set the method that is used to calculate %D.
  • Stochastic Price Field: The volume to be used for the Stochastic oscillator calculations. (Typically Real for stocks, Tick for FOREX).
  • Stochastic RSI period: Set the period of RSI.
  • Stochastic RSI %K Period: Set the period for calculating %K of the Stochastic oscillator.
  • Stochastic RSI %D Period: Set the period for calculating %D of the Stochastic oscillator.
  • RVI Period.
  • ROC Period.
  • ENABLE MetaTrader Alert / Email Alert / Push Notifications
    • Disable.
    • Combined: Receive alerts only when the Top/Bottom and Divergence indicators agree on a signal.
    • Only Top Bottom: Receive alerts only for Top/Bottom signals.
    • Only Divergence: Receive alerts only for Divergence signals.
    • Both: Receive alerts for both Top/Bottom and Divergence signals.
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Miraculous Indicator – 100% Non-Repaint Forex and Binary Tool Based on Gann Square of Nine This video introduces the Miraculous Indicator , a highly accurate and powerful trading tool specifically developed for Forex and Binary Options traders. What makes this indicator unique is its foundation on the legendary Gann Square of Nine and Gann's Law of Vibration , making it one of the most precise forecasting tools available in modern trading. The Miraculous Indicator is fully non-repaint, meaning t
Quantum Breakout Indicator PRO
Bogdan Ion Puscasu
4.96 (26)
Indicators
Introducing   Quantum Breakout PRO , the groundbreaking MQL5 Indicator that's transforming the way you trade Breakout Zones! Developed by a team of experienced traders with trading experience of over 13 years, Quantum Breakout PRO is designed to propel your trading journey to new heights with its innovative and dynamic breakout zone strategy. Quantum Breakout Indicator will give you signal arrows on breakout zones with 5 profit target zones and stop loss suggestion based on the breakout box. I
CountSig
Yin Zhou Luo
Indicators
一款信号统计指标(MT4)——实现基于当前图表周期下的单线MA转向和双线MA金叉/死叉统计 . 转向定义：前一K向下或走平，当前K向上，视为转向向上；反之，转向向下。 金死叉定义：前一K快线在慢线下方，当前K快线在慢线上方，为金叉；反之，死叉。 参数及使用说明： 1、可指定统计K线数。 2、可指定4个不同的日内时间段，格式如"03:00-07:59"，4个时间段可交叉任意输入。 3、可配置ABC三个浮盈区间段点值。如：分界区间统计小点值设为500，即当某转向信 号出现后到下一反向信号止浮盈<=此点值，计入A区间； 若大于此点值<大分界点值时，计入B区间；若大于“大分界点值”计入C区间。 4、最大/最小浮盈统计。显示所有统计区间内的最大浮盈点值和最小浮盈点值(亏损点值)。 5、输出完整信号，按信号出现顺序排列，如“ACCBCA”之类。 6、综合预测。使用概率、周期、趋势、马尔可夫链等综合概算输出预测该信号出现的归类概率值。 7、加载指定MA线。在当前图表自动载入相应设置的MA线。 8、自适应列宽。以完整显示统计信号数。 9、用法:点击相应统计按钮即输出相应的统计表格.
Dynamic Scalper System
Vitalyi Belyh
5 (1)
Indicators
The " Dynamic Scalper System " indicator is designed for the scalping method of trading within trend waves. Tested on major currency pairs and gold, compatibility with other trading instruments is possible. Provides signals for short-term opening of positions along the trend with additional price movement support. The principle of the indicator. Large arrows determine the trend direction. An algorithm for generating signals for scalping in the form of small arrows operates within trend waves.
FXinstitute
Lin Yu Han
Indicators
Precautions for subscribing to indicator This indicator only supports the computer version of MT4 Does not support MT5, mobile phones, tablets The indicator only shows the day's entry arrow The previous history arrow will not be displayed (Live broadcast is for demonstration) The indicator is a trading aid Is not a EA automatic trading No copy trading function The indicator only indicates the entry position No exit (target profit)  The entry stop loss point is set at 30-50 PIPS Or the front hi
Apex Edge No Repaint Mt4
David Ihionkhan
Indicators
Apex Edge No Repaint Professional Non-Repainting Trading Indicator for MT4 Apex Edge No Repaint is a premium, clean, and reliable trading tool designed for serious forex and cryptocurrency traders who want clear signals without the frustration of repainting arrows. Key Features: 100% No Repaint – Signals remain fixed once they appear on the chart Dual signal system: RAW signals for early opportunities and CONF signals for high-probability confirmed entries Simple one-click toggle buttons: RAW ON
Grabber System
Ihor Otkydach
5 (2)
Indicators
Let me introduce you to an excellent technical indicator – Grabber, which works as a ready-to-use "All-Inclusive" trading strategy. Within a single code, it integrates powerful tools for technical market analysis, trading signals (arrows), alert functions, and push notifications. Every buyer of this indicator also receives the following for free: Grabber Utility for automatic management of open orders Step-by-step video guide: how to install, configure, and trade with the indicator Custom set fi
ON Trade Elliot Wave Manual
Abdullah Alrai
5 (1)
Indicators
This indicator has been designed to integrate with the Elliott Wave theory, providing two distinct methods of operation: Automatic Work: In this mode, the indicator operates autonomously by detecting all five motive waves on the chart according to Elliott Wave theory. It offers predictions and identifies potential reversal zones. Additionally, it has the capability to generate alerts and push messages to notify traders of significant developments. This automated functionality streamlines the pro
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TSO Stochastic RSI MT5
Dionisis Nikolopoulos
4.5 (2)
Indicators
Stochastic RSI makes a stochastic calculation on the RSI indicator. The Relative Strength Index (RSI) is a well known momentum oscillator that measures the speed and change of price movements, developed by J. Welles Wilder. Features Find overbought and oversold situations. Sound alert when overbought/oversold level is reached. Get email and/or push notification alerts when a signal is detected. The indicator is non-repainting. Returns buffer values for %K and %D to be used as part of an EA. (se
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TSO Moving Average Slope MT5
Dionisis Nikolopoulos
5 (3)
Indicators
The Moving Average Slope (MAS) subtracts the moving average level n-periods ago from the current moving average level. This way, the trend of the moving average can be drawn on the moving average line. Features Observe uptrends and downtrends at a glance. The indicator is non-repainting. Returns buffer values for the trend of the moving average to be used as part of an EA. (see below) Inputs Moving Average Period : The period of the moving average (MA). Slope Period : Number of periods between
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TSO Variable Index Dynamic Average VIDYA
Dionisis Nikolopoulos
Indicators
Variable Index Dynamic Average (VIDYA) is an original method of calculating the Exponential Moving Average (EMA) with the dynamically changing period of averaging, developed by Tushar Chande. The length of period in VIDYA depends on market volatility as indicated by the Chande Momentum Oscillator (CMO). Typical Signals VIDYA generates buy and sell signals when the price crosses over and under the bands: When the price crosses over the upper band of VIDYA, this can be interpreted as a signal to
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TSO Stochastic RSI
Dionisis Nikolopoulos
4.25 (4)
Indicators
Stochastic RSI makes a stochastic calculation on the RSI indicator. The Relative Strength Index (RSI) is a well known momentum oscillator that measures the speed and change of price movements, developed by J. Welles Wilder. Features Find overbought and oversold situations. Sound alert when overbought/oversold level is reached. Get email and/or push notification alerts when a signal is detected. The indicator is non-repainting. Returns buffer values for %K and %D to be used as part of an EA . (s
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TSO Moving Average Slope
Dionisis Nikolopoulos
3.67 (3)
Indicators
The Moving Average Slope (MAS) subtracts the moving average level n-periods ago from the current moving average level. This way, the trend of the moving average can be drawn on the moving average line. Features Observe uptrends and downtrends at a glance. The indicator is non-repainting. Returns buffer values for the trend of the moving average to be used as part of an EA. (see below) Inputs Moving Average Period : The period of the moving average (MA). Slope Period : Number of periods between
FREE
TSO Choppy Market Index
Dionisis Nikolopoulos
4.67 (3)
Indicators
The Choppy Market Index (CMI) is an indicator of market volatility. The smaller the value of the indicator, the more unstable the market. It calculates the difference between the closing of the last bar and a bar n periods ago and then divides that value by the difference between the highest high and lowest low of these bars. Features Easily separate trends from the market noise The indicator is non-repainting. Returns CMI values through buffer. (see below) Inputs Period: The number of periods
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TSO Adaptive Moving Average
Dionisis Nikolopoulos
Indicators
The Adaptive Moving Average (AMA), created by Perry Kaufman, is a moving average variation designed to have low sensitivity to market noise and volatility combined with minimal lag for trend detection. These characteristics make it ideal for identifying the overall market trend, time turning points and filtering price movements. A detailed analysis of the calculations to determine the AMA can be found in MetaTrader 5 Help ( https://www.metatrader5.com/en/terminal/help/indicators/trend_indicators
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TSO Signal Builder
Dionisis Nikolopoulos
5 (1)
Experts
TSO Signal Builder is a MetaTrader 4 Expert Advisor that provides a solid platform to quickly build test and develop automated trading strategies based on indicator signals. Contains 29 indicators, including trend and volume indicators, oscillators as well as many indicators described by Bill Williams. Basic as well as advanced order management features. All indicators are configurable and can be combined to create strategies with different entry and exit signals as well as reverse orders. Made
TSO Loss Management Lite
Dionisis Nikolopoulos
Experts
TSO Loss Management Lite contains all the features of TSO Loss Management except from the Swings mechanism and the other mechanisms based on Swings. Adapts to diverse market conditions and micromanages each trade opened so that the loses are covered as fast as possible but also with minimum risk. It uses all the tools of the TSO Signal Builder EA - almost infinite entry/exit strategies. Add negative management to any strategy (manual or automated) to eliminate losing trades. No pending orders ar
TSO Loss Management
Dionisis Nikolopoulos
Experts
TSO Loss Management is an Expert Advisor that incorporates advanced mechanics to eliminate losses from losing trades. Adapts to diverse market conditions and micromanages each position to cover losses as fast as possible and with minimum risk. It uses all the tools of the TSO Signal Builder EA - almost infinite entry/exit strategies. Add negative management to any strategy (manual or automated) to eliminate losing trades. No pending orders placed. Any account size - $1,000+ is recommended. Allow
TSO Order Recovery
Dionisis Nikolopoulos
Experts
TSO Order Recovery is an expert advisor that provides a known and tested method of covering losses from open positions through hedging. It uses all the tools of the TSO Signal Builder EA - almost infinite entry/exit strategies Add negative management to any strategy (manual or automated) to eliminate losing trades No pending orders are placed Any account size - a minimum of $1,000 is recommended Works on any currency pair Allows for a lot of customization (a default strategy is included for demo
TSO Total Negative Management
Dionisis Nikolopoulos
1 (1)
Experts
The TSO Total Negative Management EA contains an adaptive negative management system that can prevent losing trades and even account collapse in almost any market condition. Adapts to adverse market conditions and switches to the correct negative management strategy for any situation. TSO Signal Builder , TSO Order Recovery and TSO Loss Management are included and can be used in combination or individually. Apply negative management to any strategy (manual or automated). No pending orders placed
TSO Currency Trend Aggregator
Dionisis Nikolopoulos
Indicators
The TSO Currency Trend Aggregator is an indicator that compares a selected currency's performance in 7 different pairs. Instantly compare how a currency is performing in 7 different pairs. Easily get confirmation of a currency's strength Combine the indicator for both currencies of a pair to get the total view of how strong/weak each currency is. The trend is classified as positive (green), negative (red) or neutral (grey). Can easily be used in an EA (see below) Currencies EUR USD GBP JPY AUD
TSO Top Bottom Divergence
Dionisis Nikolopoulos
Indicators
This indicator combines double bottom and double top reversal chart patterns together with RSI divergence detection. Features Easily detect strong reversal signals Allows to use double top/bottom and RSI divergence signals combined or independently. Get email and/or push notification alerts when a signal is detected. Custom colors can be used The indicator is not repainting Can easily be used in an EA (see below) Inputs ENABLE Double Top - Bottom: Enable the double top - bottom indicator ENABL
TSO Fibonacci Chains
Dionisis Nikolopoulos
5 (1)
Indicators
Fibonacci retracement is a method of technical analysis for determining support and resistance levels. The TSO Fibonacci Chains Indicator is different from a simple Fibonacci Retracements indicator in that it provides the targets for each retracement level. In other words, there is an Extension Level (D) for every Retracement Level (C). In addition, if an Extension Level is reached, then a new Fibonacci setup is created automatically. These consecutive Fibonacci setups create a chain that reveal
TSO Strength vs Exhaustion
Dionisis Nikolopoulos
Indicators
A visually-simplified version of the RSI. The Relative Strength Index (RSI) is a well known momentum oscillator that measures the speed and change of price movements, developed by J. Welles Wilder. Color-coded bars are used to quickly read the RSI value and history. Features Find overbought and oversold situations at a glance. The indicator is non-repainting. The indicator can be easily used as part of an EA. (see below) Basic Strategy Look for shorts when the indicator is overbought. Look for
TSO Top Bottom Divergence MACD
Dionisis Nikolopoulos
5 (1)
Indicators
This indicator combines double bottom and double top reversal chart patterns together with detection of divergences between the price chart and the MACD oscillator. Features Easily detect strong reversal signals Allows to use double top/bottom and MACD divergence signals combined or independently Get email and/or push notification alerts when a signal is detected Custom colors can be used The indicator is not repainting Can easily be used in an EA (see below) Inputs ENABLE Double Top - Bottom:
TSO Top Bottom Divergence Momentum
Dionisis Nikolopoulos
Indicators
This indicator combines double bottom and double top reversal chart patterns together with detection of divergences between the price chart and the Momentum oscillator. Features Easily detect strong reversal signals Allows to use double top/bottom and Momentum divergence signals combined or independently Get email and/or push notification alerts when a signal is detected Custom colors can be used The indicator is not repainting Can easily be used in an EA (see below) Inputs ENABLE Double Top -
TSO Moving Average Slope Combination
Dionisis Nikolopoulos
Indicators
The Moving Average Slope (MAS) is calculated by detecting the moving average level n-periods ago and comparing it with the current moving average level. This way, the trend of the moving average can be drawn on the moving average line. This indicator allows to compare the slopes of two moving averages (fast and slow) to cancel out noise and provide better quality entry and exit signals SCANNER is included . Now with Scanner you can find trading opportunities and setups easily and faster. Featur
TSO Bollinger Bandit Strategy
Dionisis Nikolopoulos
Indicators
TSO Bollinger Bandit Strategy is an indicator based on the Bollinger Bandit Trading Strategy as presented in the book Building Winning Trading Systems with TradeStation by G. Pruitt and J. R. Hill. SCANNER is included . Now with Scanner you can find trading opportunities and setups easily and faster. Features A complete entry and exit strategy for trending markets. Get email / push notifications when an entry signal occurs. The indicator is not repainting. Can easily be used in an EA. (see For
TSO Price Channel
Dionisis Nikolopoulos
Experts
TSO Price Channel is complete trading strategy focused on creating profit from market volatility. The system takes advantage of the intrinsic tendency of the market to reach its periodic maximum and minimum levels. By allowing the use of multiple instruments, the exposure of the system to any single instrument is reduced. Complete strategy including fully integrated positive and negative management. Works on any instrument. No pending orders placed. Any account size - $1,000+ is recommended. Ba
TSO Thermostat Strategy MT4
Dionisis Nikolopoulos
Indicators
TSO Thermostat Strategy is an indicator that can adapt to the current market conditions by switching from a trend-following mode to a short-term swing mode, thus providing the best possible entry/exit signals in any situation. It is based on the  Thermostat Trading Strategy  as presented in the book  Building Winning Trading Systems with TradeStation by G. Pruitt and J. R. Hill.   Strategy The Thermostat Strategy uses different entry and exit conditions based on the current situation of the mark
TSO Top Bottom Divergence MT5
Dionisis Nikolopoulos
Indicators
This indicator combines double bottom and double top reversal chart patterns together with RSI divergence detection. Features Easily detect strong reversal signals. Allows to use double top/bottom and RSI divergence signals combined or independently. Get email and/or push notification alerts when a signal is detected. Custom colors can be used. The indicator is not repainting. Can easily be used in an EA. (see below) Inputs ENABLE Double Top - Bottom: Enable the double top - bottom indicator.
TSO Fibonacci Chains MT5
Dionisis Nikolopoulos
Indicators
Fibonacci retracement is a method of technical analysis for determining support and resistance levels. The TSO Fibonacci Chains Indicator is different from a simple Fibonacci Retracements indicator in that it provides the targets for each retracement level. In other words, there is an Extension Level (D) for every Retracement Level (C). In addition, if an Extension Level is reached, then a new Fibonacci setup is created automatically. These consecutive Fibonacci setups create a chain that reveal
TSO Signal Builder MT5
Dionisis Nikolopoulos
Experts
TSO Signal Builder MT5 is a MetaTrader 5 Expert Advisor that provides a solid platform to quickly build test and develop automated trading strategies based on indicator signals. Contains 29 indicators, including trend and volume indicators, oscillators as well as many indicators described by Bill Williams. Basic as well as advanced order management features. All indicators are configurable and can be combined to create strategies with different entry and exit signals as well as reverse orders.
TSO Order Recovery MT5
Dionisis Nikolopoulos
Experts
TSO Order Recovery is an expert advisor that provides a known and tested method of covering losses from open positions through hedging. It uses all the tools of the TSO Signal Builder EA - almost infinite entry/exit strategies Add negative management to any strategy (manual or automated) to eliminate losing trades No pending orders are placed Any account size - a minimum of $1,000 is recommended Works on any currency pair Allows for a lot of customization (a default strategy is included for demo
TSO Loss Management Lite MT5
Dionisis Nikolopoulos
Experts
TSO Loss Management Lite contains all the features of TSO Loss Management except from the Swings mechanism and the other mechanisms based on Swings. Adapts to diverse market conditions and micromanages each trade opened so that the loses are covered as fast as possible but also with minimum risk. It uses all the tools of the TSO Signal Builder EA - almost infinite entry/exit strategies. Add negative management to any strategy (manual or automated) to eliminate losing trades. No pending orders ar
TSO Loss Management MT5
Dionisis Nikolopoulos
Experts
TSO Loss Management is an Expert Advisor that incorporates advanced mechanics to eliminate losses from losing trades. Adapts to diverse market conditions and micromanages each position to cover losses as fast as possible and with minimum risk It uses all the tools of the TSO Signal Builder EA - almost infinite entry/exit strategies Add negative management to any strategy (manual or automated) to eliminate losing trades No pending orders placed Any account size - $1,000+ is recommended Allows for
TSO Total Negative Management MT5
Dionisis Nikolopoulos
Experts
The TSO Total Negative Management EA contains an adaptive negative management system that can prevent losing trades and even account collapse in almost any market condition. Adapts to adverse market conditions and switches to the correct negative management strategy for any situation. TSO Signal Builder , TSO Order Recovery and TSO Loss Management are included and can be used in combination or individually. Apply negative management to any strategy (manual or automated). No pending orders placed
TSO Top Bottom Divergence MACD MT5
Dionisis Nikolopoulos
Indicators
This indicator combines double bottom and double top reversal chart patterns together with detection of divergences between the price chart and the MACD oscillator. Features Easily detect strong reversal signals Allows to use double top/bottom and MACD divergence signals combined or independently Get email and/or push notification alerts when a signal is detected Custom colors can be used The indicator is not repainting Can easily be used in an EA (see below) Inputs ENABLE Double Top - Bottom:
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