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MACD Divergence Box Indicator MT5

This indicator draws regular bullish and bearish divergences in real-time onto the charts.

The algorithm to detect those divergences is based on my 10+ years experience of detecting divergences visually.

The divergences are drawn as green and red rectangles on the charts. You can even do forward testing in the visual mode of the strategy tester.


Parameters

  • Fast EMA Period: The period of the fast EMA of the MACD. Default value is 12.
  • Slow EMA Period: The period of the slow EMA of the MACD. Default value is 26.
  • Signal SMA Period: The period of the signal SMA of the MACD. Default value is 9.
  • colorMACD: The color of the MACD in the histogram window. Default color is gray.
  • colorBullishBoxes: The color of the bullish boxes in the chart window. Default color is darkgreen.
  • colorBearishBoxes: The color of the bearish boxes in the chart window. Default color is red.
  • maxBars: Here you can define how many candles backward the indicator should draw the divergences. Default value is 5000. You can choose a lower value like 2000 for performance reasons (less calculation)


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Trend Line Map indicator is an addons for Trend Screener Indicator . It's working as a scanner for all signals generated by Trend screener ( Trend Line Signals ) . It's a Trend Line Scanner based on Trend Screener Indicator.If you don't have Trend Screener ProIndicator, the Trend Line Map Pro will not work . By accessing to our MQL5 Blog,  you can also find my other free and paid trading tools:    Click Here 1. Advantages You Get Easy Visual and effective Trend Line Buy and Sell Signal. Neve
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PyTrader MT5
PyTrader MT5
Offpista LTD
Documentation for connecting Metatrader 5 with Python with a simple drag and drop EA.   A full end-to-end solution ,fully tested ,fast and efficient! The   Pytrader   ecosystem consists of a python script and a MT5 or MT4 version EA.   Further for the licensing an indicator is used.   The communication between the python script and the EA is based on sockets. EA is the   Server   and the python script the   Client .   It is always query(function / python script) and output(data / serv
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Pinbar Scanner For Multi Pair And Multi Time Frame
Pinbar Scanner For Multi Pair And Multi Time Frame
ScorpionFX
(FOR MT5)  Pinbar Scanner For Multi Pair and Multi Time Frame :   This indicator has been designed to automatically identify high probability pinbar formations. It includes an RSI trend-filter for finding the best oppportunities and it will send you an alert when these setups are found. IMPORTANT FACTORS TO KEEP IN MIND: A strong pinbar is clear evidence that the institutions are rejecting a particular price level.  These price levels are excellent areas to determine potential entries and exi
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Ultimate Moving Average Crossover Multi Pair MT5
Ultimate Moving Average Crossover Multi Pair MT5
ScorpionFX
(FOR MT5)  Ultimate Moving Average Crossover Multi Pair And Multi Time Frame :   This indicator has been designed to find various types of moving average crossovers. And combined with your own rules and techniques, this indicator will allow you to create (or enhance) your own powerful system.   - Moving average crossovers are very simple to trade, with clear "buy or sell" signals. - Moving average crossovers offer a clear indication of the different phases of a trend.    Such as expansion, pul
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