Market / MetaTrader 4 / Indicators /

Smooth oscillator for divergence

38 USD

Demo downloaded: 703

Published: 23 November 2017

Current version: 1.0

Smooth oscillator for divergence

3.67

Indicators
Chinedu Onuoha
Version: 1.0
Activations: 5

This oscillator is smooth as the name implies. It also shows hidden divergence arrows. The indicator also has multi timeframe features to make it very flexible to use. The multi time frame features can be adjusted as follows: 1 or M1, 5 or M5, 15 or M15, 30 or M30, 60 or H1, 240 or H4, 1440 or D1, 10080 or W1.

Indicator parameters

Timeframe - When set to 0, works on the current timeframe.
Draw Divergence arrows - If set to True allows divergence lines to be drawn.
Display Alert - If set to True, allows alerts to be displayed when hidden divergence arrow appears.

more...

290

mark epsley 2019.07.20 17:18 #

This is a smoother stochastic. Takes a lot of the confusion and noise out. Multi time frame. If you are familiar with George Lane he uses daily overbought/oversold signal off weekly stochastic readings. This works particularly well with support/resistance and hidden divergence. Very profitable.

cryptobazooka 2019.01.03 13:35 #

Signals are lagging so you need to look at charts manually and don't depend on alerts. But it is much easier to identify Divergences using this indicator.

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Filter:

290

mark epsley 2019.07.20 17:18 #

cryptobazooka 2019.01.03 13:35 #

Signals are lagging so you need to look at charts manually and don't depend on alerts. But it is much easier to identify Divergences using this indicator.

127

Oluwaseun Oyeleke 2018.10.22 10:57 #

User didn't leave any comment to the rating

259

jrufel1989 2018.05.04 17:12 #

It's better to use the default oscillator. Waste of money...