Neon Stochastic Divergence
- Indicatori
- Ignacio Agustin Mene Franco
- Versione: 2.0
- Attivazioni: 5
Neon Stoch Div — World Investor
Neon Stoch Div is an advanced indicator for MetaTrader 5 that detects regular and hidden divergences using the Stochastic Oscillator (%K/%D). Designed to accurately identify price exhaustion zones, it combines high-quality technical analysis with a Midnight Neon visual interface optimized for extended trading sessions.
What does it do? It compares price pivots with those of the Stochastic Oscillator to detect bullish and bearish divergences, both regular and hidden. Each signal includes divergence lines on the main and sub-charts, entry arrows, informative labels, and automatically calculated TP/SL zones using ATR.
Intelligent Filters: It incorporates an EMA-based trend filter (200 periods by default) and a 20/80 level filter to validate signals only in overbought and oversold zones, significantly reducing false entries.
Integrated Risk Management: Projects Take Profit and Stop Loss zones directly onto the chart using configurable ATR multiples, with distance labels in points and a visible R:R ratio on each signal.
Real-Time Statistics Panel: Displays historical win rate separated by BUY and SELL signals, number of active signals, total trades, and an overall indicator performance rating.
Comprehensive Alert System: Audible, popup, and push notifications for regular and hidden divergences, with a configurable cooldown to prevent repeated alerts.
Main Parameters:
Configurable Stochastic: %K, %D, and Slowing
Adjustable Pivot Lookback and historical maximum candlesticks
Independent ATR multipliers for TP and SL
100% Customizable Color Palette
