PZ Divergence Trading

5

Unlock hidden profits: accurate divergence trading for all markets

Tricky to find and scarce in frequency, divergences are one of the most reliable trading scenarios. This indicator finds and scans for regular and hidden divergences automatically using your favourite oscillator.

[ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products]


  • Easy to trade
  • Finds regular and hidden divergences
  • Supports many well known oscillators
  • Implements trading signals based on breakouts
  • Displays suitable stop-loss and take-profit levels
  • Configurable oscillator parameters
  • Customizable colors and sizes
  • Filter divergences by size in bars
  • It implements performance statistics
  • It implements email/sound/visual alerts

To offer a broad market perspective, the indicator can be loaded many times in the same chart using different oscillators, without interference. The indicator supports the following oscillators:

  • RSI
  • CCI
  • MACD
  • OSMA
  • Stochastic
  • Momentum
  • Awesome Oscillator
  • Accelerator Oscillator
  • Williams Percent Range
  • Relative Vigor Index
  • Money Flow Index
  • On Balance Volume
  • Rate of Change

Since divergences can expand quite a bit, especially in the Forex market, this indicator implements a twist: it waits for a donchian breakout to confirm the divergence before signaling the trade. The end result is an otherwise repainting indicator with a very reliable trading signal.

Input Parameters

  • Amplitude: Zig-Zag period used to find divergences
  • Oscillator - Choose the oscillator to load to the chart.
  • Breakout period - Breakout period in bars for the trading signals.
  • Divergence types - Enable or disable divergence types: hidden, regular or both.
  • Min divergence size in bars - Minimum size in bars for a divergence to be displayed.
  • Max divergence size in bars - Maximum size in bars for a divergence to be displayed.
  • Max. history bars - Amount of bars to evaluate when the indicator is loaded.
  • Indicator Settings - Desired indicator settings for all the oscillators involved.
    • RSI period
    • CCI period
    • WPR period
    • Momentum period
    • Stochastic periods
    • MACD settings
    • RVI period
    • ROC period
  • Drawing Settings - Choose colors and line sizes of the divergences.
  • Alerts - Enable or disable alerts of all kinds, plus set a custom alert text.


Author

Arturo López Pérez, private investor and speculator, software engineer and founder of Point Zero Trading Solutions.

Recensioni 5
tsuchla1
134
tsuchla1 2021.03.23 23:17 
 

I would highly recommend this to anyone who uses divergence in their trading. It's not perfect but this indicator does have some versatility along with some limitations. It does repaint but you need to understand divergence is a process generally not a single candle. I have had the best success using the Zig Zag setting on 8, then waiting for a candle to close across the 15 EMA for confirmation the price is going in the right direction. You may also want to combine divergence with support and resistance and overbought oversold for more confluence.

Frank Paetsch
7501
Frank Paetsch 2021.01.26 23:31 
 

Great! Thank you

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Presentazione       Quantum Breakout PRO   , l'innovativo indicatore MQL5 che sta trasformando il modo in cui scambi le zone di breakout! Sviluppato da un team di trader esperti con un'esperienza di trading di oltre 13 anni,   Quantum Breakout PRO   è progettato per spingere il tuo viaggio di trading a nuovi livelli con la sua strategia innovativa e dinamica della zona di breakout. Quantum Breakout Indicator ti fornirà frecce di segnalazione sulle zone di breakout con 5 zone target di profitt
CountSig
Yin Zhou Luo
一款信号统计指标(MT4)——实现基于当前图表周期下的单线MA转向和双线MA金叉/死叉统计 . 转向定义:前一K向下或走平,当前K向上,视为转向向上;反之,转向向下。 金死叉定义:前一K快线在慢线下方,当前K快线在慢线上方,为金叉;反之,死叉。 参数及使用说明: 1、可指定统计K线数。 2、可指定4个不同的日内时间段,格式如"03:00-07:59",4个时间段可交叉任意输入。 3、可配置ABC三个浮盈区间段点值。如:分界区间统计小点值设为500,即当某转向信 号出现后到下一反向信号止浮盈<=此点值,计入A区间; 若大于此点值<大分界点值时,计入B区间;若大于“大分界点值”计入C区间。 4、最大/最小浮盈统计。显示所有统计区间内的最大浮盈点值和最小浮盈点值(亏损点值)。 5、输出完整信号,按信号出现顺序排列,如“ACCBCA”之类。 6、综合预测。使用概率、周期、趋势、马尔可夫链等综合概算输出预测该信号出现的归类概率值。 7、加载指定MA线。在当前图表自动载入相应设置的MA线。 8、自适应列宽。以完整显示统计信号数。 9、用法:点击相应统计按钮即输出相应的统计表格.
L'indicatore " Dynamic Scalper System " è progettato per il metodo di scalping, ovvero per il trading all'interno di onde di trend. Testato sulle principali coppie di valute e sull'oro, è compatibile con altri strumenti di trading. Fornisce segnali per l'apertura di posizioni a breve termine lungo il trend, con ulteriore supporto al movimento dei prezzi. Il principio dell'indicatore. Le frecce grandi determinano la direzione del trend. Un algoritmo per generare segnali per lo scalping sotto fo
Precautions for subscribing to indicator This indicator only supports the computer version of MT4 Does not support MT5, mobile phones, tablets The indicator only shows the day's entry arrow The previous history arrow will not be displayed (Live broadcast is for demonstration) The indicator is a trading aid Is not a EA automatic trading No copy trading function The indicator only indicates the entry position No exit (target profit)  The entry stop loss point is set at 30-50 PIPS Or the front hi
Apex Edge No Repaint Indicatore di trading professionale senza ricalcolo dei segnali per MT4 Apex Edge No Repaint è uno strumento di trading premium, pulito e affidabile, progettato per i trader di forex e criptovalute più esigenti che desiderano segnali chiari senza la frustrazione del ricalcolo dei segnali. Caratteristiche principali: 100% Nessun ridisegno: i segnali rimangono fissi una volta visualizzati sul grafico Sistema a doppio segnale: segnali RAW per opportunità precoci e segnali C
Altri dall’autore
PZ Swing Trading MT5
PZ TRADING SLU
5 (5)
Protect against whipsaws: revolutionize your swing trading approach Swing Trading is the first indicator designed to detect swings in the direction of the trend and possible reversal swings. It uses the baseline swing trading approach, widely described in trading literature. The indicator studies several price and time vectors to track the aggregate trend direction and detects situations in which the market is oversold or overbought and ready to correct. [ Installation Guide | Update Guide | Tro
PZ Trend Trading MT5
PZ TRADING SLU
3.8 (5)
Capture every opportunity: your go-to indicator for profitable trend trading Trend Trading is an indicator designed to profit as much as possible from trends taking place in the market, by timing pullbacks and breakouts. It finds trading opportunities by analyzing what the price is doing during established trends. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Trade financial markets with confidence and efficiency Profit from established trends without getting whips
PZ Trend Trading
PZ TRADING SLU
4.8 (5)
Capture every opportunity: your go-to indicator for profitable trend trading Trend Trading is an indicator designed to profit as much as possible from trends taking place in the market, by timing pullbacks and breakouts. It finds trading opportunities by analyzing what the price is doing during established trends. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Trade financial markets with confidence and efficiency Profit from established trends without getting whips
PZ Support Resistance MT5
PZ TRADING SLU
3.71 (7)
Unlock key market insights with automated support and resistance lines Tired of plotting support and resistance lines? This is a multi-timeframe indicator that detects and plots supports and resistance lines in the chart with the same precision as a human eye would. As price levels are tested over time and its importance increases, the lines become thicker and darker, making price leves easy to glance and evaluate. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products  ] Boo
Stay ahead of the market: predict buying and selling pressure with ease This indicator analyzes past price action to anticipate buying and selling pressure in the market: it does so by looking back into the past and analyzing price peaks and valleys around the current price. It is a state-of-the-art confirmation indicator. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Predict buying and selling pressure in the market Avoid getting caught in buying selling frenzies
Identify over 30 candlestick patterns with precision This indicator recognizes over 30 Japanese Candlestick Patterns and highlights them beautifully on the chart. It is simply one of those indicators price action traders can't live without. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products  ] Boost your technical analysis overnight Detect japanese candlestick patterns easily Trade reliable and universal reversal patterns Hop onto established trends safely using continua
PZ Harmonacci Patterns
PZ TRADING SLU
3.17 (6)
Trade smarter, not harder: Empower your trading with Harmonacci Patterns This is arguably the most complete harmonic price formation auto-recognition indicator you can find for the MetaTrader Platform. It detects 19 different patterns, takes fibonacci projections as seriously as you do, displays the Potential Reversal Zone (PRZ) and finds suitable stop-loss and take-profit levels. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products  ] It detects 19 different harmonic pric
PZ Day Trading MT5
PZ TRADING SLU
2.83 (6)
Effortless trading: non-repainting indicator for accurate price reversals This indicator detects price reversals in a zig-zag fashion, using only price action analysis and a donchian channel. It has been specifically designed for short-term trading, without repainting or backpainting at all. It is a fantastic tool for shrewd traders aiming to increase the timing of their operations. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Amazingly easy to trade It provides
PZ Goldfinch Scalper EA MT5
PZ TRADING SLU
3.34 (56)
This is the latest iteration of my famous scalper, Goldfinch EA, published for the first time almost a decade ago. It scalps the market on sudden volatility expansions that take place in short periods of time: it assumes and tries to capitalize of inertia in price movement after a sudden price acceleration. This new version has been simplified to allow the trader use the optimization feature of the tester easily to find the best trading parameters. [ Installation Guide | Update Guide | Troublesh
FREE
PZ Support Resistance
PZ TRADING SLU
3.33 (3)
Unlock key market insights with automated support and resistance lines Tired of plotting support and resistance lines? This is a multi-timeframe indicator that detects and plots supports and resistance lines in the chart with the same precision as a human eye would. As price levels are tested over time and its importance increases, the lines become thicker and darker, making price leves easy to glance and evaluate. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Boos
PZ Reversal Fractals MT5
PZ TRADING SLU
4.51 (35)
This is the latest iteration of my famous indicator, Reversal Fractals, published for the first time almost a decade ago. It examines the price structure of fractals to determine possible reversal points in the market, providing timing to positional traders that already have a fundamental or technical valuation model. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products  ] Reversal fractals can start long trends The indicator is non repainting It implements alerts of all k
FREE
PZ Goldfinch Scalper EA
PZ TRADING SLU
2.69 (42)
This is the latest iteration of my famous scalper, Goldfinch EA, published for the first time almost a decade ago. It scalps the market on sudden volatility expansions that take place in short periods of time: it assumes and tries to capitalize of inertia in price movement after a sudden price acceleration. This new version has been simplified to allow the trader use the optimization feature of the tester easily to find the best trading parameters. [ Installation Guide | Update Guide | Troublesh
FREE
PZ Turtle Trading EA MT5
PZ TRADING SLU
2 (4)
This expert advisor implements the original Dennis and Eckhardt trading system, commonly known as The Turtle Trader. It trades exactly like the original turtles did, and can be used by experienced traders to capture trends in up or down markets. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Easy to use and supervise Fully configurable strategy settings Fully configurable trading settings Works for ECN/Non-ECN brokers and 2-3-4-5 digit symbols Works for CFDs and for
FREE
Trade smarter, not harder: Empower your trading with Harmonacci Patterns This is arguably the most complete harmonic price formation auto-recognition indicator you can find for the MetaTrader Platform. It detects 19 different patterns, takes fibonacci projections as seriously as you do, displays the Potential Reversal Zone (PRZ) and finds suitable stop-loss and take-profit levels. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products  ] It detects 19 different harmonic pric
PZ Trade Pad MT5
PZ TRADING SLU
4.41 (22)
This simple visual expert advisor allows you to trade easily from the chart. It handles risk management for you and can perform several useful tasks with your existing trades, saving time and making risk-management for each individual trade easier.  [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products  |  Get Help ] Trade easily from the chart Trade with precise risk management, hassle free Trade pending order with drag and drop price selection Set SL and TP levels with d
FREE
PZ Inside Bars MT5
PZ TRADING SLU
4.5 (12)
Enhance your price action strategy: inside bar breakouts at your fingertips This indicator detects inside bars of several ranges, making it very easy for price action traders to spot and act on inside bar breakouts. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products  ] Easy to use and understand Customizable color selections The indicator implements visual/mail/push/sound alerts The indicator does not repaint or backpaint An inside bar is a bar or series of bars which is/
FREE
PZ Chart Overlay MT5
PZ TRADING SLU
4 (1)
Master the market: harness the power of statistical arbitrage This indicator showcases the price action of multiple instruments on a single chart, enabling you to compare the fluctuations of different assets and seamlessly implement statistical arbitrage strategies. Its main usage is to find correlated symbols which are temporarily out of whack. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products  | Get Help ] Find overbought or oversold currency pairs easily Plot up
FREE
PZ Turtle Trading MT5
PZ TRADING SLU
4.67 (6)
The Turtle Trading Indicator implements the original Dennis Richards and Bill Eckhart trading system, commonly known as The Turtle Trader. This trend following system relies on breakouts of historical highs and lows to take and close trades: it is the complete opposite to the "buy low and sell high" approach. The main rule is "Trade an N-day breakout and take profits when an M-day high or low is breached (N must me above M)".  [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Pr
FREE
PZ Lopez Impulse MT5
PZ TRADING SLU
5 (4)
Transform your trading approach with reliable bullish and bearish patterns [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products  |  Get Help ] This indicator evaluates volatility and price directionality simultaneously, which finds the following events. Decisive and sudden price movements Large hammers/shooting stars patterns Strong breakouts backed by most market participants Indecisive but volatile market situations It is an extremely easy to use indicator... The blue
FREE
PZ Pivot Points MT5
PZ TRADING SLU
4.91 (22)
This indicator displays pivot points in the chart, including historical vales, and supports many calculation modes for Pivot Points and S/R levels. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products  |  Get Help ] It plots historical levels for backtesting purposes It allows you to select the reference timeframe It implements different Pivot Point calculation modes It implements different SR calculation modes It implements customizable colors and sizes Calculation Mod
FREE
PZ Sandwich Bars MT5
PZ TRADING SLU
5 (3)
Spot high-probability trades: sandwich bar breakouts at your fingertips This indicator detects Sandwich Bars of several ranges, an extremely reliable breakout pattern. A sandwich setup consists on a single bar that engulfs several past bars, breaking and rejecting the complete price range. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products  ] Easy and effective usage Customizable bar ranges Customizable color selections The indicator implements visual/mail/push/sound ale
FREE
This expert advisor implements the original Dennis and Eckhardt trading system, commonly known as The Turtle Trader. It trades exactly like the original turtles did, and can be used by experienced traders to capture trends in up or down markets. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products  |  Get Help ] Easy to use and supervise Fully configurable strategy settings Fully configurable trading settings Works for ECN/Non-ECN brokers and 2-3-4-5 digit symbols Works f
FREE
PZ Three Drives
PZ TRADING SLU
5 (2)
This indicator finds Three Drives patterns. The Three Drives pattern is a 6-point reversal pattern characterised by a series of higher highs or lower lows that complete at a 127% or 161.8% Fibonacci extension. It signals that the market is exhausted and a reversal can happen. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products  |  Get Help ] Customizable pattern sizes Customizable colors and sizes Customizable breakout periods Customizable 1-2-3 and 0-A-B ratios It impl
FREE
Do you like scalping? Th is indicator displays information about the latest price quotes received from the broker. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products  |  Get Help ] Identify tick trends easily A blue row means the price has increased A red row means the price has decreased Customizable colors and font sizes Display your desired amount of rows The indicator is non-repainting Parameters Rows: amount of rows with data to display in the chart Font size: font
FREE
PZ The Zone EA
PZ TRADING SLU
4.67 (3)
This expert advisors trades donchian breakouts according to Bill Williams's definition of "Trading in the Zone". It uses alligator to find strong trends, AC and AO to identify trading zones and MACD to avoid trading exhausted trends. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products  |  Get Help ] Easy to use and supervise Fully configurable indicator settings Customizable break-even, stop-loss, take-profit and trailing-stop settings Works for ECN/Non-ECN brokers and
FREE
PZ Lopez Impulse
PZ TRADING SLU
1 (2)
Transform your trading approach with reliable bullish and bearish patterns [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products  |  Get Help ]  This indicator evaluates volatility and price directionality simultaneously, which finds the following events. Decisive and sudden price movements Large hammers/shooting stars patterns Strong breakouts backed by most market participants Indecisive but volatile market situations It is an extremely easy to use indicator... The blue
FREE
The Stretch is a Toby Crabel price pattern which represents the minimum average price movement/deviation from the open price during a period of time, and is used to calculate two breakout levels for every single trading day. It is calculated by taking the 10 period SMA of the absolute difference between the open and either the high or low, whichever difference is smaller. This value is used to calculate breakout thresholds for the current trading session, which are displayed in the indicator as
FREE
PZ The Zone
PZ TRADING SLU
4.33 (3)
This indicator displays buy or sell signals according to Bill Williams' definition of the Trading Zone. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products   |  Get Help ] Easy to use and understand Avoid trading flat markets Deterministic indicator with clear rules The indicator is non-repainting It implements alerts of all kinds It has straightforward trading implications. A blue arrow is a buy signal A red arrow is a sell signal According to Bill Williams trading in t
FREE
Your swiss army knife to ancipate price reversals This indicator anticipates price reversals analyzing bullish and bearish pressure in the market. The buying pressure is the sum of all the accumulation bars over a certain number of days, multiplied by the volume. The selling pressure is the sum of all of the distribution over the same number of bars, multiplied by the volume. It gives you a measure of the buying pressure as a percentage of the total activity, which value should fluctuate from 0
FREE
Identify trending and flat markets effortlessly This indicator calculates how much has a symbol moved in relative terms to find trending or flat markets. It displays what percentage of the latest price range is directional. It can be used to avoid trading in flat markets, or to find flat markets to execute range-bound trading strategies. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products  |  Get Help ] A value of zero means the market is absolutely flat A value of 100
FREE
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lauro1956
5752
lauro1956 2024.11.06 19:00 
 

L'utente non ha lasciato alcun commento sulla valutazione.

tsuchla1
134
tsuchla1 2021.03.23 23:17 
 

I would highly recommend this to anyone who uses divergence in their trading. It's not perfect but this indicator does have some versatility along with some limitations. It does repaint but you need to understand divergence is a process generally not a single candle. I have had the best success using the Zig Zag setting on 8, then waiting for a candle to close across the 15 EMA for confirmation the price is going in the right direction. You may also want to combine divergence with support and resistance and overbought oversold for more confluence.

Frank Paetsch
7501
Frank Paetsch 2021.01.26 23:31 
 

Great! Thank you

daduduxiong
144
daduduxiong 2018.11.28 14:30 
 

L'utente non ha lasciato alcun commento sulla valutazione.

Muhammet Simsek
923
Muhammet Simsek 2018.07.08 21:35 
 

Absolutely rubbish! Do not use it even if you give it free! Re-color, redraw, recalculate, and almost all wrong!

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