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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.
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      Dawid Liske
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      Dawid Liske 2023.03.08 21:25 
       

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      Dawid Liske
      463
      Dawid Liske 2023.03.08 21:25 
       

      Top divergence indicator available on the market with advanced features!

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      Version 1.3 2023.07.07
      A graphical table has been added to the indicator, which allows you to analyze other time periods and instruments.
      Version 1.2 2023.03.09
      Added the ability to change the size of the arrow separately from the line.
      Version 1.1 2023.03.08
      1) Added new indicator AO.
      2) Added the ability to hide divergence arrows.
      3) Improved way to find divergences.
      4) Changed the main incoming parameters:
      a) added parameter Max_Dist_LeftRight - distance between divergence points.
      c) parameters removed: Overlay_Divergences and Extremum_Count.
      5) Added the ability to select a buffer for building divergences for the following indicators: Stochastic, MACD.