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Divergence dashboard MT5

This multi time frame and multi symbol divergence dashboard indicator sends an alert when one or two different divergences have been identified on several time frames. It can be used with all time frames from M1 to MN. Max. 9 time frames can be shown in the dashboard at the same time. It is possible to enable moving average, RSI or Bollinger bands trend filter to filter out only the strongest setups.

The free version of this indicator can be downloaded here for testing before you decide to buy/rent. It is limited to EURUSD, GBPUSD and USDJPY and has no support for mail and push alerts.

Features

  • The indicator can write the signals to global variables which can be used by an Expert Advisor for auto trading. For instance this product.
  • Can detect divergences for following oscillators/indicators: MACD, Stochastics, OsMA, RSI, CCI, Awesome, OBV, ADX, ATR, MFI, Momentum and Accelerator.
  • It is possible to select up to 9 time frames to be used.
  • Continuously performs a divergence rank sorting within the dashboard. It is possible to disable this sorting though to make it easier finding a specific symbol. The symbols will then be visible in the same order as they have been entered in the Symbols parameter or in the order they are visible in the Market Watch window.
  • By clicking inside a rectangle a new chart will be opened with the symbol and time frame in question.

It is enough to place the indicator on one chart and you will receive an alert from any symbol of your choice.

Both regular/classical (trend reversal) and hidden (trend continuation) divergences will be taken into consideration. Hence there could be a regular divergence and at the same time a hidden divergence on another time frame. Please see screenshot #3 below. The example is showing divergences from 2 indicators but it could also be from one and the same indicator. It is possible though to set if to use only regular or only hidden divergences by changing a parameter.


Parameters

Please find the description and explanation of the input parameters here.


Please note that this indicator is not supported in the strategy tester. It will also not draw lines and arrows or sell and buy advice on any chart.

I recommend putting the indicator on a M5 chart. A clean chart without any other indicators or Expert Advisors on it. The indicator will be loaded to an indicator window which you can then expand to cover the whole chart.


Please also check out my other divergence and dashboard products:

Divergence indicator

Double divergence scanner

Trend dashboard


Comentarios 3
Bruno Cano
300
Bruno Cano 2019.11.27 01:54 
 

Excellent indicator, on the other hand Jan is an excellent person who has managed to answer my questions quickly and easily.

I recommend this indicator.

Thomas
238
Thomas 2019.06.13 16:59 
 

Again a great indicator from Jan. It works great and you can decide how usefull the signals are. Finding not the wright words to thank Jan for his wonderful work. Will not be the last indicator I will buy.

Devonish
1413
Devonish 2019.03.19 12:34 
 

I like it :)

If divergence forms a part of your strategy, then this indicator offers a lot. There are various ways you could use it. The ability to have set ups ranked by score is nice.

This programmer offers quality products and provides good support.

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!! 50 % OFF - BLACK FRIDAY SALE !! *All In One System Indicator, Breakthrough solution for any Newbie or Expert Trader ! Message Me Immediately After Purchase For Installation Help and V.I.P Access With Additional Strategies BlueDigitsFx Explains How To Use The System In Detail :  https://youtu.be/fIOWwWuE5ZQ BlueDigitsFx's Easy 1 2 3 System is an all in 1 Indicator with a variety of options to work with. Telegram Channel & Group  here Performs Amazingly with a Market Base Line for exa
49 USD
Resistance and Support Zones MTF for MT5
Pavel Zamoshnikov
The indicator automatically builds Support/Resistance levels (Zones) from different timeframes on one chart. Support-resistance levels are horizontal lines. As a rule, the market does not respond to a specific price level, but to a price range around the level, because demand and supply of market participants are not formed clearly on the line, but are “spread out” at a certain distance from the level. This indicator determines and draws precisely such a price range within which strong pos
40 USD
Harmonic ABCD Monitor MT5
Mihail Matkovskij
Multi-currency, multi-timeframe, harmonic pattern indicator AB = CD. Supports sending push notifications about signals to a mobile device, messages on e-mail, as well as messages using alerts on all available currency pairs and timeframes. This indicator was based on the indicator Harmonic ABCD Universal. Version for MetaTrader 5:  https://www.mql5.com/en/market/product/44972 . See also: Harmonic ABCD Universal for MetaTrader 4 . Using modern software development methods has made the indicator a
230 USD
Harmonic ABCD Universal MT5
Mihail Matkovskij
The indicator for trading on the signals of the harmonic pattern AB=CD. It gives signals and shows the levels of entry into the market, as well as levels for placing stop orders, which allows the trader to make timely decisions on entering the market, as well as effectively manage positions and orders. It supports sending push notifications to a mobile device, e-mail, as well as alerts. This indicator has been ported from the version for MetaTrader 4. For more information, as well as a detailed
99 USD
Currency Strength Meter Pro for MT5
ALEKSANDR SHUKALOVICH
Currency Strength Meter is the easiest way to identify strong and weak currencies. This indicator shows the relative strength of 8 major currencies + Gold: AUD, CAD, CHF, EUR, GBP, JPY, NZD, USD, XAU. By default the strength value is normalised to the range from 0 to 100 for RSI algorithm: The value above 60 means strong currency; The value below 40 means weak currency; This indicator needs the history data of all 28 major currency pairs and 9 timeframe. History data will be downloaded auto
50 USD
Actual COMBO Depth of Market AND Tick Volume Chart
Sergey Andreev
Este producto le ayudará a comprar con beneficio y usar dos productos más populares para el análisis de los volúmenes de las peticiones y operaciones en los mercados de equidad: Actual Depth of Market Chart Actual Tick Footprint Volume Chart Este producto ha integrado toda la potencia de cada uno de los indicadores y se ofrece como un archivo único. Las rebajas anticrisis. ¡Hoy el precio del producto está rebajado! ¡Dese prisa! Las capacidades funcionales del producto Actual COMBO Depth of Mark
40 USD
FuTuRe 02 Phi Cubic Fractals Pack2
Claudio De Carvalho Aguiar
PACK 2 do Phi Cubic Fractals com opção para extender os indicadores no FUTURO, para o lado direito do gráfico Este produto contem os indicadores do   PACK 2 (ROC full / SAINT 8 / SAINT 17 / SAINT 34 / SAINT 72 ) + MODO FUTURO Phi ROC - indicador do tipo oscilador, semelhante ao MIMAROC, que é capaz de mostrar a direção e a força do mercado, bem como determinar o ponto de entrada ótimo; Phi SAINT - indicador do tipo oscilador, semelhante ao SANTO do Phicube, que é capaz de mostrar a direção e a
40 USD
X Tick Chart
Artur Zas
Tick charts measure the number of transactions per bar. To give you an example if you have a 233 tick chart, each bar measures 233 transactions per bar and a new bar is plotted after 233 transactions. You can choose any number of ticks per bar but most traders choose Fibonacci numbers (1, 2, 3, 5, 8, 13, 21, 34, 55, 89, 144, 233...). The indicator uses tick data to plot the historical tick chart for a particular setting and real ticks for plotting live charts. This method of calculation gives ve
45 USD
PZ Divergence Trading MT5
Arturo Lopez Perez
Difícil de encontrar y escasa en frecuencia, las divergencias son uno de los escenarios comerciales más confiables. Este indicador busca y escanea las divergencias regulares y ocultas automáticamente usando su oscilador favorito. [ Guía de instalación | Guía de actualización | Solución de problemas | FAQ | Todos los productos ] Fácil de comerciar Encuentra divergencias regulares y ocultas Admite muchos osciladores bien conocidos Implementa señales comerciales basadas en rupturas Muestra n
299 USD
Filtro:
Bruno Cano
300
Bruno Cano 2019.11.27 01:54 
 

Excellent indicator, on the other hand Jan is an excellent person who has managed to answer my questions quickly and easily.

I recommend this indicator.

Thomas
238
Thomas 2019.06.13 16:59 
 

Again a great indicator from Jan. It works great and you can decide how usefull the signals are. Finding not the wright words to thank Jan for his wonderful work. Will not be the last indicator I will buy.

Devonish
1413
Devonish 2019.03.19 12:34 
 

I like it :)

If divergence forms a part of your strategy, then this indicator offers a lot. There are various ways you could use it. The ability to have set ups ranked by score is nice.

This programmer offers quality products and provides good support.

Respuesta al comentario
Versión 2.4 2020.10.12
*** Please always make a backup of the existing indicator (the .ex5 file) before you make an update ***

- added scanning for Accelerator oscillator divergences
- added an option to set the scanning interval. This is by default set to 1 second but could be set to for instance 60 seconds, or higher, for users with slower computers.
Versión 2.3 2020.09.07
*** Please always make a backup of the existing indicator (the .ex5 file) before you make an update ***

- added a possibility to enable writing of of global variables when point ranking has been enabled. The global variables can be used by an Expert Advisor for automatical trading.

- I have changed the logic of detecting divergences so that more divergences will be detected. The new logic will allow divergences even if there are additional indicator extremums (top/bottoms) between the 2 already existing extremum points. Please be aware of the fact that the new logic also comes with a performance cost. Something which will be more visible on slower computers.
Versión 2.2 2020.09.01
*** Please always make a backup of the existing indicator (the .ex5 file) before you make an update ***

- bug fix. Not a mandatory update if everything is already working as it should.
Versión 2.1 2020.08.23
*** Please always make a backup of the existing indicator (the .ex5 file) before you make an update ***

- added the possibility to select from all supported time frames in MT5. Max. 9 time frames can be used in the dashboard
Versión 2.0 2020.07.22
*** Please always make a backup of the existing indicator (the .ex4 file) before you install an update ***

- added an option to change the blue color in the rectangles when there is no signal (neutral)
Versión 1.9 2020.06.08
- Recompiled (recommended by Metaquotes as of June 05,2020) to the new MT5 version 2485: https://www.mql5.com/en/forum/342948
Versión 1.8 2020.06.04
- upon request I have added the possibility to scan for "early" divergences. This means that the alert will come directly upon candle open instead of waiting for the slope in the indicator to change direction (candle shift 1 or 2). Candle shift must be set to 0 for this to work. Please be aware though that this will lead to more false signals.
Versión 1.7 2019.12.23
- added information if the divergence is hidden or regular. Please see the first screenshot.
- added the possibility to set the rectangle bull and bear colors
Versión 1.6 2019.11.27
- added support for the H12 time frame
- added Bollinger bands (reversal) trend filter
Versión 1.5 2019.11.01
- added support for ADX, ATR, OBV, MFI and Momentum divergences
Versión 1.4 2019.05.27
- corrected an issue with empty dashboard when having less than 9 symbols
Versión 1.3 2019.04.04
- fixed an issue with the indicator not properly terminating when manually offloaded from the chart or when the terminal was closed.
Versión 1.2 2019.03.19
- added the possibility to add a custom text for alerts
- added the possbility to be alerted based on the point system instead of the color count system
Versión 1.1 2019.03.18
- resolved some minor display issues
- the indicactor will now print warnings in the Expert tab if there are not enough bars on a chart. Can sometimes happen on WK1 and MN