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Diver GDP

Divergence Formation GDP (Gaussian or Normal Distribution of Probability) hereinafter "Diver" - is used for Fisher transform function to be applied to financial data, as result market turning points are sharply peaked and easily identified.

Classic (regular) and Reversal (hidden) Divergences - at your choice.

  • Adjustable sizes and all parameters
  • Flexible settings including VOID levels (alert function in place, arrows to show in which direction to trade)
  • No re-paint / No re-draw (must set CalcOnOpenBar=false)
  • "SetIndexBuffer" available for all variables (can be used in EA)
  • Auto-detect 4- and 5-digit price function
  • Light (does not over-load MT4)

In order for Regular Classic GDP Divergence to exist, Price must form one of the following:

  • BEARISH Diver: Higher high than the previous high (but the oscillator is lower high)
  • BULLISH Diver: Lower low than the previous low (but the oscillator is higher low)

As a rule, the occurrence of divergence means the completion of the movement (the weakening strength of the trend) and the possibility of strong correction or complete turn of the market. The higher the chart timeframe, the stronger the signal.

Second type of GDP Divergence is Reversal ("hidden"). It indicated continuation of the trend and can be detected when Price forms one of the following:

  • BEARISH Diver: Lower high than the previous high (but the oscillator is higher high)
  • BULLISH Diver: Higher low than the previous low (but the oscillator is lower low)

It should be noted that Reversal (or Hidden) GDP divergence is relatively rare, but reliability of the signal is quite good.


Indicator Parameters:

  • CalcOnOpenBar - if true: to include open bar for detecting Diver
  • DrawStandardDiv - if true: enable regular Divers
  • DrawReversalDiv - if true: enable hidden Divers
  • GD_Length - parameter of Gaussian Distribution
  • BullishDiv_ResetAbove - cancels Bullish Diver if the indicator crosses this level
  • BearishDiv_ResetBelow - cancels Bearish Diver if the indicator crosses this level

Diver parameters:

  • MaxBars - number of bars to draw Divers on the chart (reduces MT4 load)
  • DivWidth_MinBars - minimum horizontal distance between 2 extremums
  • DivWidth_MaxBars - maximum horizontal distance between 2 extremums
  • DivHeight_MinPips - minimum vertical distance between 2 extremums
  • DivHeight_MaxPips - maximum vertical distance between 2 extremums

Diver extremums:

  • Chart_LeftTop_BarsL - number of bars to form price left extremum (left side of price fractal)
  • Chart_LeftTop_BarsR - number of bars to form price left extremum (right side of price fractal)
  • Chart_RightTop_BarsL - number of bars to form price right extremum (left side of price fractal)
  • Chart_RightTop_BarsR - number of bars to form price right extremum (right side of price fractal)
  • Ind_LeftTop_BarsL - number of bars to form indicator left extremum (left side of indicator fractal)
  • Ind_LeftTop_BarsR - number of bars to form indicator left extremum (right side of indicator fractal)
  • Ind_RightTop_BarsL - number of bars to form indicator right extremum (left side of indicator fractal)
  • Ind_RightTop_BarsR - number of bars to form indicator right extremum (right side of indicator fractal)
  • LeftTops_MaxBarsDiff - additional space (in bars) for price and indicator to form left extremum
  • RightTops_MaxBarsDiff - additional space (in bars) for price and indicator to form right extremum
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System Trend Pro - This is the best trend trading indicator!!! The indicator no repaint!!!   The indicator has   MTF   mode, which adds confidence to trading on the trend (   no repaint   ). How to trade? Everything is very simple, we wait for the first signal (big arrow), then wait for the second signal (small arrow) and enter the market in the direction of the arrow. (See screens 1 and 2.) Exit on the opposite signal or take 20-30 pips, close half of it, and keep the rest until the oppo
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Maria Strudov
Indicateurs
"Dragon's Tail" is an integrated trading system, not just an indicator. This system analyzes each candle on a minute-by-minute basis, which is particularly effective in high market volatility conditions. The "Dragon's Tail" system identifies key market moments referred to as "bull and bear battles". Based on these "battles", the system gives trade direction recommendations. In the case of an arrow appearing on the chart, this signals the possibility of opening two trades in the indicated directi
SMCpro VIP
Arief
Indicateurs
SMCpro VIP MT4  Original Price  $620   ---  Currently Price 20% OFF ( for unlimited use )   BONUS  AUX VIP Club 2024 : Include  EA Airbag  and  Load Data History  to enhance the performance of this tool to its maximum potential  Click Here to Download Files   ( for users only )   Hello World! Introducing.. SMCpro VIP tool and Indicator for MetaTrader 4, designed to revolutionize your trading experience with the ICT Smart Money Concept. This system is meticulously crafted to empower trad
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Thushara Dissanayake
4.33 (6)
Indicateurs
Libérez la puissance des informations de volume réel avec l'indicateur   Candle Power Pro   . Cet outil dynamique capture les données de volume réelles pour chaque bougie et les présente sous forme de pourcentage du volume total. Ce faisant, cela vous permet de discerner la lutte en cours entre acheteurs et vendeurs sur le marché. Le Candle Power Pro affiche la bataille entre les acheteurs et les vendeurs sous forme de pourcentage du volume total, vous donnant des informations précieuses sur la
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Allistair Kabelo Mandow
1 (1)
Indicateurs
Features for software Main functions: Accurate entry signals WITH NON REPAINTING! Once a signal appears, it remains valid! This is a significant distinction from other indicators that might provide a signal and then alter it, potentially leading to deposit losses. Now, you can enter the market with higher probability and precision. There's also a function to colour candles after an arrow appears until the target (take profit) is reached or a reversal signal appears . Display of STOP LOSS / TA
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Tat Dat Nguyen
Indicateurs
Idea: RSI ( Relative Strength Index) and CCI ( Commodity Channel Index ) are powerfull to solved the market.  This indicator has Smoothed Algorithmic signal of RSI and CCI. So that, it separates the market into buy and sell zones, these areas are marked with arrows, red for downtrend, green for uptrend. This algorithm has the effect of predicting the next trend based on the historical trend, so users need to be cautious when the trend has gone many candles. Please visit screenshots
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Version 5.56 2021.12.16
Recompiled in recent MT4 build.