Alpha Stochastic Divergence
- Indicatori
- Magdalena Estefania Colonna
- Versione: 1.0
- Attivazioni: 5
Divergence Alpha – Stochastic Edition
Detect real divergences before the price moves.
Divergence Alpha is a professional divergence detection indicator based on the Stochastic oscillator. Designed for precision traders, it combines pivot analysis, clear visual signals, and integrated risk management into a single tool.
What does it do?
The indicator automatically identifies divergences between price and the Stochastic %K, marking on the chart the exact points where momentum contradicts price—one of the most powerful setups in technical analysis.
Regular bullish divergence → price makes a lower low, the Stochastic makes a higher low → buy signal
Regular bearish divergence → price makes a higher high, the Stochastic makes a lower high → sell signal
Hidden bullish divergence → bullish trend continuation
Hidden bearish divergence → bearish trend continuation
Key features
Complete visual signals: BUY/SELL arrows and labels directly on the candlesticks. Divergence lines drawn in the Stochastic subwindow connecting the detected pivots. Unambiguous, no manual interpretation required.
Automatic TP and SL zones: Each signal automatically generates Take Profit and Stop Loss rectangles calculated using ATR, adapted to the current volatility context. The multiplier is configurable.
Intelligent Pivot Detection: The algorithm validates that both the price and the Stochastic oscillator are simultaneous local lows or highs before confirming a divergence. This drastically reduces false signals compared to indicators that only look at the oscillator.
Real-Time Statistics Panel: Displays the number of BUY and SELL signals detected in the analyzed historical data, the active parameters, and the selected divergence mode.
Dark Green Visual Theme Included: A professional palette of dark green tones is automatically applied to the chart: almost blackish-green background, candlesticks in varying shades of green, and a subtle grid. Ideal for long sessions in front of the monitor.
Configurable Parameters
Parameter Description
%K Period Period of the main Stochastic line
%D Period Period of the signal line
Slowing Oscillator smoothing
Lookback Bars on each side to validate a pivot
Max Bars Number of historical bars to analyze
Show Regular Enable regular divergences
Show Hidden Enable hidden divergences
TP Multiplier ATR multiplier for Take Profit
SL Multiplier ATR multiplier for Stop Loss
ATR Period ATR period for zone calculation
Colors All theme colors are customizable
Divergence Alpha – Stochastic Edition | Compatible with MetaTrader 5 | All instruments and timeframes
