Divergence Sync MT5

5

Divergence and Convergence are important harbingers of reversals in stock markets.

The Divergence Sync indicator is designed to automatically search for divergences on a large number of indicators with different parameters.
The search for divergences is carried out on these indicators: (CCI, CHO, DeMarker, MACD, MFI, Momentum, OBV, OsMA, RSI, Stochastic, WPR, Awesome Oscillator).
To search for divergences, you can use one technical indicator or search simultaneously on any number of indicators.
The indicator has a built-in notification system (email, message to the mobile terminal, standard alert).
To use "Divergence Synchronization" in the Expert Advisor or other indicators, there are 2 buffers: buf0[2] - Buy, buf1[2] - Sell.
The indicator does not redraw.


Abbreviated names of indicators on the chart:          

  • Relative Strength Index  - RSI
  • Commodity Channel Index - CCI
  • Stochastics Oscillator - Sto
  • Momentum - Mom
  • Moving Average of Oscillator - OsMA
  • Williams %R- %R
  • Money Flow Index - MFI
  • Chaikin Oscillator - CHO
  • DeMarker - DeM
  • Macd - MACD
  • On Balance Volume - OBV
  • Awesome Oscillator - AO


The indicator has a table to keep track of other instruments and time periods.
The table can be dragged with the mouse.
The size of the table depends on the font size selected in the settings.
When hovering the mouse cursor over a rectangle, the tooltip will display the name of the divergences that formed the signal, as well as highlight the instrument and time period to which this rectangle corresponds.
The more divergences a signal is formed, the brighter the color of the rectangle (colors can be adjusted in the settings). When you click on the selected rectangle in the table, the instrument and/or time period changes or a new chart window opens.
If Current_Chart is selected in the New_Chart_or_Current_Chart setting, then the time period and instrument will be changed to those that correspond to the selected rectangle.
If New_Chart is selected in the New_Chart_or_Current_Chart setting, then a new window will be opened with a chart whose time period and instrument correspond to the selected rectangle.
In the Template_name_for_New_Chart setting, you can specify a chart template with which a new window will be opened.


Settings (here are the most important settings; there are also settings in the indicator that allow you to change the design of "Divergence Sync" and the settings of technical indicators):

  • Min_Extremum - minimum size of the extremum to search for divergence.
  • Min_Dist_LeftRight - minimum divergence width (measured in candles).
  • Max_Dist_LeftRight - maximum divergence width (measured in candles).
  • indicator_USE - allows you to turn on/off a certain technical indicator to search for divergence on it.
  • Table_On_Off - enable/disable table.
  • Tickers - Tools to be displayed in the table (separated by commas).
  • TimeFrames - Time periods to be displayed in the table (separated by commas).
  • Table_Refresh_Rate (in seconds) - the refresh rate of the table is measured in seconds.
  • New_Chart_or_Current_Chart - the mode of opening a new chart: in a new window or changing the instrument and time period in the window in which the indicator is running.
  • Template_name_for_New_Chart - the name of the template with which the new chart will be opened.
      Reviews 1
      Dawid Liske
      576
      Dawid Liske 2023.03.08 21:25 

      Top divergence indicator available on the market with advanced features!

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      Running along Lines
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      The indicator draws support and resistance lines on an important part of the chart for making decisions. After the trend line appears, you can trade for a breakout or rebound from it, as well as place orders near it. Outdated trend lines are deleted automatically. Thus, we always deal with the most up-to-date lines. The indicator is not redrawn . Settings: Size_History  - the size of the calculated history. Num_Candles_extremum  - the number of candles on each side of the extremum. Type_Arrow
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      The indicator builds "psychological levels": levels of round numbers and intermediate levels of round numbers. Round numbers play an important role in forming support and resistance levels. There is a pattern in which the decline or growth of the price can stop at round numbers. The level whose price ends at 0 is the level of a round number of the first order. Intermediate level, this is the level between two round levels, for example, between 10 and 20 this is level 15. In the " Num_Zeros "
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      The indicator displays a stock chart of a non-standard type, in which the price and time have the same value. The usual chart of Japanese candlesticks does not take into account all the information that the time analysis can give. Renko charts do not use all the information that price can give in relation to time. The "Chart Price and Time" indicator takes into account price and time equally and shows the predominance of price or time. Taking into account price and time equally gives an idea
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      The Alert Creator indicator is designed to create alerts for selected conditions. You can select one or several indicators for the notification. If several conditions are selected, the alert is triggered when all the selected conditions are met. The signals can be configured separately for buying and separately for selling. Example, a buy alert: the closing price is above the moving average, the RSI is below 20. (In this example, 2 indicators are used to generate an alert: MA and RSI) At the
      The indicator determines the strength of the trend and its possible reversal points, based on the author's arithmetic approach . Each new peak or trough is a trend development. Such peaks and troughs are numbered so that the strength of the trend development can be seen. Attempts to change the trend are also numbered. This gives an understanding of a possible change in the direction of the trend. Indicator signals are generated when trying to change the trend . In the settings, it is possible
      The indicator draws potential levels that may become significant support and resistance levels in the future. The longer the line, the higher the probability of a price reversal or an increase in price movement after the breakdown of this level. With a decrease in the probability of the formation of a level, the length of the line is reduced. The indicator does not require adjustment. In the settings, you can change the design of the indicator. The "L ine_Length " button is placed on the ch
      Jumping along Levels is dedicated to the most important aspect of trading: support and resistance levels. This indicator is built using a unique technology based on proprietary development and testing algorithms. The indicator has a built-in intelligent market situation assessment system. It can automatically adjust to varying market volatility. Jumping along Levels simultaneously displays levels from different time periods on the current chart. It has a graphical table for working with comple
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      Dawid Liske
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      Dawid Liske 2023.03.08 21:25 

      Top divergence indicator available on the market with advanced features!

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