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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 4
Lucky Pal
109
Lucky Pal 2020.12.10 03:18 
 

Great indicator for trading divergences on multiple time frames with both individual and simultaneous alignment. Definitely recommended!

Bruno Cano
301
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
239
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.

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Este es posiblemente el indicador de reconocimiento automático de formación de precios más completo que puede encontrar para la plataforma MetaTrader. Detecta 19 patrones diferentes, toma las proyecciones de Fibonacci tan en serio como usted, muestra la zona de reversión potencial (PRZ) y encuentra niveles adecuados de stop-loss y take-profit. [ Guía de instalación | Guía de actualización | Solución de problemas | FAQ | Todos los productos ] Detecta 19 formaciones de precios armónicos difer
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Range Bars Charting
Artur Zas
Range Bars for MetaTrader 5 is a unique tool for conducting technical analysis directly on the charts, as the indicator is an overlay on the main chart and range bars are calculated using real tick data. The trader can place and modify orders directly on the range bar chart (even with the use of one-click trading). Apart from range candles, the indicator also includes the most commonly used technical studies which are 3 moving averages (Simple, Exponential, Smooth, Linear-weighted, Volume-weight
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Volume by Price Lite MT5
Brian Collard
The ' Volume by Price ' Lite indicator displays the complex relations between volume , price and time in various easy to interpret forms. Segment, filter and use the visualization methods with Volume Profile and Market Profile along Volume Weighted Average Price, Supply & Demand Zones and Average Daily Range to identify key levels and ranges . It also provides labels to indicate the scale and scope of data displayed, and custom styling by attributes such as color, size, area etc. in ways that
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Beast Super Signal MT5
Dustin Vlok
The Beast Super Signal is a simple, and easy to use trend based indicator. It will continuously monitor current price action looking for new trends developing or strong reversals building at extreme price levels, and trends that have reached strong exhaustion levels. The Beast Super Signal indicator will monitor the current price, and only when all of the internal strategies align, and are in 100% agreement with each other, the indicator will paint a new buy or sell signal arrow on the chart. A
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Volume Spread Pattern Indicator MT5
Young Ho Seo
Introduction This indicator detects volume spread patterns for buy and sell opportunity. The patterns include demand and supply patterns. You might use each pattern for trading. However, these patterns are best used to detect the demand zone (=accumulation area) and supply zone (=distribution area). Demand pattern indicates generally potential buying opportunity. Supply pattern indicates generally potential selling opportunity. These are the underlying patterns rather than direct price action. T
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TrendMagiX PRO MT5
Radek Reznicek
Un ique trend trading algorithm with advanced filtering and many features which should become a part of your trading arsenal. This indicator can give you also trading advisors (with take profit target), success rate scanner and much more. TrendMagiX PRO comes with built-in multi-pair and multi-timeframe scanner which is fully adjustable. User can select own symbols and time-frames to monitor. + ALL the features of standard TrendMagiX indicator:  https://www.mql5.com/en/market/product/45326 Impor
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Gann Square of 144 for MT5
Taras Slobodyanik
The Gann Box (or Gann Square) is a market analysis method based on the "Mathematical formula for market predictions" article by W.D. Gann. This indicator can plot three models of Squares: 90, 52(104), 144. There are six variants of grids and two variants of arcs. You can plot multiple squares on one chart simultaneously. Parameters Square — selection of a square model: 90 — square of 90 (or square of nine); 52 (104) — square of 52 (or 104); 144 — universal square of 144; 144 (full) — "full" ve
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This  multi time frame and multi symbol  divergence dashboard indicator sends an alert (paid version only) when one or two different divergences have been identified on several time frames. It can be used with all time frames from M5 to MN. It is possible to enable moving average or RSI trend filter to filter out only the strongest setups. This free version is limited to EURUSD, GBPUSD and USDJPY and has some other limitations such as no support for mail and push alerts. The unlimited paid versi
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Filtro:
Devonish
1490
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.

Thomas
239
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.

Bruno Cano
301
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.

Lucky Pal
109
Lucky Pal 2020.12.10 03:18 
 

Great indicator for trading divergences on multiple time frames with both individual and simultaneous alignment. Definitely recommended!

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