SignalX Divergence Radar
- インディケータ
- Ahmed Ismail Muhammad Ismail Al Talhat
- バージョン: 1.0
- アクティベーション: 8
What this is
Divergence indicators have a reputation problem, and it is deserved: many draw an arrow on a bar and quietly delete it two bars later. That is why they look excellent in a screenshot and useless on a live chart. This one confirms on closed bars only. A pivot is not fixed until a set number of bars have closed to its right, and nothing is drawn before that, so a signal you see never moves afterwards. It also requires a second oscillator to agree before anything is marked.
What it does
Finds price pivots that diverge from RSI and a second oscillator of choice, drawing a line between the two pivots and an arrow on confirmation.
- Confirms on closed bars only: a pivot is fixed only after a configurable number of bars have closed to its right and nothing is drawn before then, so a signal that appears never moves afterwards. It also requires two independent oscillators to agree before marking anything.
- Runs on a single chart; it does not need to be the chart you trade from.
- No DLL calls. No external services. No network requests.
- No account, terminal, symbol or time limitation is embedded.
Inputs
| Input | Type | Default |
|---|---|---|
| InpPivotBars | int | 5 |
| InpLookback | int | 300 |
| InpRSIPeriod | int | 14 |
| InpOsc2 | ENUM_SX_OSC2 | SX_OSC2_MACD |
| InpOsc2Period | int | 12 |
| InpRequireBoth | bool | true |
| InpDrawLines | bool | true |
| InpAlertOnNew | bool | true |
| InpBullColor | color | SX_GREEN |
| InpBearColor | color | SX_RED |
How to use it
- Attach the indicator to a chart; it draws itself and needs no other file.
- Set the inputs to match how you read the chart. Defaults are deliberately plain.
- Nothing is sent anywhere: it reads the chart it sits on and writes only to that chart.
- Test on a demo account first. That is not a formality; the defaults are not tuned to your broker.
Notes
- Written for MetaTrader 5, any broker. It uses only standard platform functions; no DLL, no external library.
- Coexists with other tools on the same account; it only touches what you point it at.
- It performs management and measurement only; it does not generate trading signals.
Honest limits
- This is a tool, not a strategy. It does not predict anything and it cannot make a losing method profitable.
- No performance figures are published for it because tools of this kind do not have a meaningful backtest curve of their own.
- If your broker quotes oddly (very wide spreads, non-standard tick values) verify the sizing on a demo account before using real funds.
Trading involves risk of loss. Nothing here is financial advice.
