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Divergence DeMarker or any custom

5

The indicator displays divergence for any custom indicator. You only need to specify the indicator name; DeMarker is used by default.

Additionally, you can opt for smoothing of values of the selected indicator and set levels whose crossing will trigger an alert. The custom indicator must be compiled (a file with ex5 extension) and located under MQL5/Indicators of the client terminal or in one of the subdirectories. It uses zero bar of the selected indicator with default parameters.


Input parameters

  • Indicator name - name of the indicator for which divergence will be calculated; DeMarker by default;
  • Period DeMarker - DeMarker averaging period; 7 by default;
  • Applied price - price used, Close price by default;
  • Smoothing method - smoothing method, Simple by default;
  • Smooth - smoothing period; 4 by default;
  • Level1 - level of the indicator; 0.3 by default;
  • Level2 - level of the indicator; 0.7 by default;
  • Bar for divergence calculated - number of the bar to calculate the divergence, 'second' by default;
  • Calculated bar - number of bars to display divergence, 300 by default;
  • Filter by volume - filter by volume; false by default. When enabled, no divergence signal will be given if the volume over the last 100 bars is less than average. There are three available modes: False, True and Auto. In the Auto mode, the filter is automatically enabled on M30 time frame and lower, and disabled on time frames higher than M30;
  • Display divergence alert - enables notifications about divergence, true by default;
  • Arrows displacement - offset for displaying the arrows, 0.0001 by default;
  • Display cross level alert - enables alert for the crossover of the set indicator levels; true by default;
  • Draw indicator trend lines - enables indicator trend lines in divergence; true by default;
  • Draw price trend lines - enables displaying the trend lines on the price chart during divergence, true by default;
  • Line bull divergence color - select a color for the trend line displayed during bullish divergence, Green by default;
  • Line bear divergence color - select a color for the trend line displayed during bearish divergence, Red by default.


Reviews 5
eugene.nz
391
eugene.nz 2024.07.21 23:54 
 

Very good indicator

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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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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
VSA Volume Spread Analysis
Vladimir Gotsulenko
4.1 (10)
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
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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eugene.nz
391
eugene.nz 2024.07.21 23:54 
 

Very good indicator

Gennadiy Voltornist
11909
Gennadiy Voltornist 2017.12.17 20:08 
 

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Daniel Andrejczuk
5596
Daniel Andrejczuk 2017.11.09 13:41 
 

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Nork
6195
Nork 2017.06.28 04:46 
 

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[Deleted] 2017.03.31 07:30 
 

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Version 1.30 2021.11.18
Улучшен алгоритм обработки
Version 1.20 2017.03.31
Added input parameter: Arrows displacement
Version 1.10 2015.09.07
Improved the indicator operation algorithm.