this indicator was great .I want to give 1000 star!
Multi oscillator divergence MT5
The indicator identifies when a divergence occurs between price and an oscillator/indicator. It identifies both regular and hidden divergences. It has a RSI filter option which makes it possible to filter out only the strongest setups.
Features
- Can detect divergences for the following oscillators/indicators: MACD, OsMA, Stochastics, RSI, CCI, RVI, Awesome, ADX, Composite index, ATR, OBV, MFI and Momentum. Only one oscillator/indicator can be selected.
- Draws solid lines for regular/classical (potential reversal) divergences and dashed lines for hidden (trend continuation) divergences. The lines are drawn on the chart as well as in the indicator window.
- Sends an alert when a divergence has been detected.
- Contains 2 buffers which a developer can use with the iCustom() function in an Expert Advisor (EA). Buffer index 0 for bull signals and index 1 for bear signals. The value returned is the indicator value. The RSI filter (if enabled) will not work. You will have to build you own RSI filter in the EA if you plan to use it. There is a code example in the end of the blog on how to use iCustom().
Input parameters
Please find the description and explanation of the input parameters here.
Please also check out my other divergence products:
Comentários 7
Robby Wijaya
2020.04.14 20:30
#
This indicator are very very great and smart, its catch almost 90% of divergence form but when you know how to use it properly for scalping strategy then this indicator I can say Perfect 100% !! Thanks Jan you are ROCK , GBU
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Price Adaptive Trend Detector Algorithm Multi-Timeframe and Multi-Currency Trend
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The Missing Edge You Need To Catch Breakouts Like A Pro. Follow a step-by-step system that detects the most powerful breakouts!
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PARAMETERS: nPeriod: the time period to decide
Limits: the candles limit to look back
UseHorizontalLines: true/false option to display Horizontal Support and Resistance Lines UseTrendline: true/false opti
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⭐⭐⭐⭐⭐ Best Solution for any Newbie or Expert Trader! This Indicator is a unique, high quality and affordable trading tool because we have incorporated a number of proprietary features and a secret formula. With only ONE chart it gives Alerts for all 28 currency pairs. Imagine how your trading will improve because you are able to pinpoint the exact trigger point of a new trend or scalping opportunity? USER MANUAL: click here
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⭐⭐⭐⭐⭐ Best Solution for any Newbie or Expert Trader! This Indicator is a unique, high quality and affordable trading tool because we have incorporated a number of proprietary features and a new formula. With only ONE chart you can read Currency Strength for 28 Forex pairs! Imagine how your trading will improve because you are able to pinpoint the exact trigger point of a new trend or scalping opportunity? USER MANUAL: click here
The SPECIAL: Arrows in sub-window to show strong currency moment
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Can detect divergences for the following oscillators/indicators: MACD, OsMA, Stochastics, RSI, CCI, RVI, Awesome, ADX , Composite index , ATR, OBV, MFI and Momentum . Only one oscillator/indicator can be selected. Draws solid lines for regular/classi
30 USD
This multi oscillator, multi time frame and multi symbol indicator identifies when a divergence occurs between price and an oscillator/indicator. It identifies both regular/classical (trend reversal) and hidden (trend continuation) divergences. It has moving average, RSI/Bollinger, ADX, pin bar and engulfing filter options which makes it possible to filter out only the strongest setups. The indicator can write the signals to a file which can be used by an Expert Advisor for auto trading. For in
39 USD
This multi time frame and multi symbol trend indicator sends an alert when a strong trend or trend reversal has been identified. It can do so by selecting to build up the dashboard using Moving average (single or double (MA crossover)), RSI, Bollinger bands, ADX, Composite index, Parabolic SAR, Awesome (AO), MACD (signal line) or Stochastics crossovers . It can be used with all time frames from M5 to MN. The colors in the dashboard are green for bullish, red for bearish and blue for neutral (i
39 USD
The free version of this indicator can be downloaded here for testing before you decide to buy/rent. It is limited to EURUSD, GBPUSD and USDJPY and has no support for mail and push alerts.
This multi time frame and multi symbol divergence dashboard indicator sends an alert when one or two different divergences have been identified on several time frames and not on single divergences . It can be used with all time frames from M5 to MN. It is possible to enable moving average or RSI trend f
39 USD
Features This is an indicator that recognizes a special type of Inside Bar formation which is formed by a Master candle followed by 4 smaller candles (please see the strategy explanation below). Plots buy/sell stop lines on the chart as well as well as take profit and stop loss levels. The TP/SL levels are based on the Average True Range (ATR) indicator. Object colors are changeable. Sends you a real-time alert when a Master candle formation is identified - sound / popup / email / push notificat
10 USD
This multi time frame and multi symbol indicator sends an alert when one or more trend reversal candle patterns have been identified on several time frames. It can be used with all time frames from M5 to MN. It is possible to enable moving average or RSI trend filter to filter out only the strongest setups. The free version of this indicator can be downloaded here for testing before you decide to buy/rent. It is limited to EURUSD, GBPUSD and USDJPY and has no support for mail and push alerts
39 USD
This indicator identifies when the stochastics signal line crosses the stochastics main line. As a bonus it can also scan for Bollinger bands and RSI overbought/oversold crosses. Features The indicator can write the signals to a file which can be used by an Expert Advisor for auto trading. For instance this product .
Can monitor all symbols visible in your Market Watch window at the same time. Apply the indicator to just one chart and instantly monitor the entire market. Monitors every time
30 USD
This multi oscillator, multi time frame and multi symbol indicator identifies when a divergence occurs between price and one, two or three indicators/oscillators. It identifies both regular/classical (trend reversal) and hidden (trend continuation) divergences. It has RSI and MA trend filter options which makes it possible to filter out only the strongest setups. The indicator can write the signals to a file which can be used by an Expert Advisor for auto trading. For instance this product . Th
39 USD
The main usage of this Expert Advisor (EA) is to trade based on signals from my most popular scanner indicators. Even though it is fully operational, this EA is mainly provided as a template (base) to be used for further custom development (usage of an existing and already successful strategy by manual trading which means adding of confirmation indicators, entry and exit logic etc. to the EA) from the side of the buyer, or by the buyer hired developer. For this reason the EA will not be updated
19 USD
This indicator can identify the following 5 crosses: when a fast moving average crosses a slow moving average line. when price has reached a single moving average (closed above/below or just bounced). when a triple moving average formation has appeared (all 3 MA:s in consecutive alignment) when the MACD main line crosses the signal line. when the signal line crosses the MACD zero(0) line. Features The indicator can write the signals to a file which can be used by an Expert Advisor for auto tradi
30 USD
This multi time frame and multi symbol indicator identifies double or triple top/bottom formations or a following neckline breakout (confirmed top/bottom). It has RSI, pin bar and MACD or RSI divergence filter options which makes it possible to filter out only the strongest setups. Please first check out this product before you decide to rent/buy the Double top/bottom scanner. It also has a demo version which I recommend you to try first. The indicator writes the signals to a text file which can
39 USD
The free version of this indicator can be downloaded here for testing before you decide to buy/rent. It is limited to EURUSD, GBPUSD and USDJPY and has no support for mail and push alerts.
This multi time frame and multi symbol divergence dashboard indicator sends an alert when one or two different divergences have been identified on several time frames and not on single divergences . It can be used with all time frames from M1 to MN . Max. 9 time frames can be shown in the dashboard a
39 USD
This indicator identifies high-probability breakout patterns. It does this by identifying strong, symmetrical pennants and triangles. This pattern DOES NOT appear very often on higher time frames. But when it does, it is a very high-probability setup. The indicator also includes an Inside bars scanner. It can for example be used to detect a special type of Inside bars formation which is formed by a Master candle (MC) followed by 4 inside candles (please see the strategy explanation below). A sep
30 USD
This indicator scans for Pin bars, Morning/Evening stars, Engulfings, Tweezers, Three line strikes, Inside bars and Pennants and Triangles. The indicator can write the signals to a file which can be used by an Expert Advisor for auto trading. For instance this product .
Features
Can monitor all symbols visible in your Market Watch window at the same time. Apply the indicator to just one chart and instantly monitor the entire market. Monitors every timeframe, from M1 to MN, and sends you a re
39 USD
The free version of this indicator can be downloaded here for testing before you decide to buy/rent. It is limited to EURUSD and USDJPY and has no support for mail and push alerts.
This multi time frame and multi symbol indicator identifies double top/bottom, head and shoulders, pennant, triangle and flag patterns. For top/bottom, head & shoulders and pennant & triangles it is also possible to setup alerts only when a neckline breakout (confirmed signal) has occured. The indicator writes
49 USD
The indicator identifies when a divergence occurs between price and an oscillator. It identifies both regular and hidden divergences. This free version has some limitations compared with the paid version . For instance alerts are not supported. Please also check out my other divergence products : Divergence dashboard Double divergence scanner
Features Can detect divergences for the following oscillators/indicators: MACD, OsMA, Stochastics, RSI, CCI, RVI, Awesome, ADX , ATR, OBV, Composite in
FREE
This multi oscillator, multi time frame and multi symbol indicator identifies when a divergence occurs between price and one, two or three indicators/oscillators. It identifies both regular/classical (trend reversal) and hidden (trend continuation) divergences. It has RSI and MA trend filter options which makes it possible to filter out only the strongest setups. The indicator can write the signals to a file which can be used by an Expert Advisor for auto trading . For instance this product
39 USD
The indicator identifies when a divergence occurs between price and an oscillator. It identifies bullish and bearish hidden or regular (classical) divergences. Features
Can detect divergences for the following oscillators: MACD, OsMA (Moving average of Oscillator), Stochastics, RSI, CCI, RVI, Awesome (AO), ADX , ATR, OBV, MFI, Momentum and Composite index . Only one oscillator can be selected per chart. Draws solid lines for regular/classical (potential reversal) divergences and dashed lines
FREE
This Expert Advisor (EA) opens orders when an outbreak from an inside bar formation occurs. The default settings are recommended for this strategy on the H4 time frame and the fast moving GBP pairs. The EA cannot be used with netting account types. The behavior of the EA can be explained in the following steps (please also see separate screenshot for visualization): Look for a trade when xx amount of inside bars has been reached. Exit when trailing stop or take profit has been hit.
Features
FREE
This indicator scans for Pin bars, Morning/evening stars, Engulfings, Tweezers, Three Line Strikes, Inside bars and Pennants and Triangles. The indicator can write the signals to a file which can be used by an Expert Advisor for auto trading . For instance this product . You can find more information about the content and location of the text file in the blog .
Features
Can monitor all symbols visible in your Market Watch window at the same time. Apply the indicator to just one chart and
39 USD
This Expert Advisor (EA) opens orders when an outbreak from an inside bar formation occurs. The default settings are recommended for this strategy on the H4 time frame and the fast moving GBP pairs. The behavior of the EA can be explained in the following steps (please also see separate screenshot for visualization): Look for a trade when xx amount of inside bars has been reached. Exit when trailing stop or take profit has been hit.
Features
The formations with sell/buy lines will be drawn
FREE
This divergence Expert Advisor identifies when a divergence occurs between price and an oscillator/indicator. It identifies both regular/classical (trend reversal) and hidden (trend continuation) divergences. It has RSI, bollinger, stochastics, moving average and ADX filter options which makes it possible to filter out only the strongest setups. The EA cannot be used with netting account types.
Please make sure that you first do you own backtesting in the strategy tester. When you have found a
FREE
This multi time frame and multi symbol indicator identifies double top/bottom, head and shoulders, pennant, triangle and flag patterns. For top/bottom, head & shoulders and pennant & triangles it is also possible to setup alerts only when a neckline breakout (confirmed signal) has occured. The indicator writes the signals to a text file which can be used by an Expert Advisor (EA) for auto trading. For instance this product . You can find more information about the content and location of th
49 USD
This multi time frame and multi symbol indicator identifies double top/bottom, head and shoulders, pennant, triangle and flag patterns. For top/bottom, head & shoulders and pennant & triangles it is also possible to setup alerts only when a neckline breakout (confirmed signal) has occured. The indicator writes the signals to a text file which can be used by an Expert Advisor (EA) for auto trading. For instance this product . You can find more information about the content and location of th
FREE
This Expert advisor (EA) places trades when 3 moving averages (MA) are in consecutive alignment and at a certain distance from each other. Using the default settings it adopts a not very well known strategy used by some institutional traders. It involves the MAs 10, 20 and 30 or 60. The strategy works best on the H4 and D1 time frames. The Triple MA strategy (no matter which MAs are used) should be considered as a long term strategy. There could be a bad month or even a bad half year. This EA is
10 USD
This multi time frame and multi symbol trend indicator sends an alert when a strong trend or trend reversal has been identified. It can do so by selecting to build up the dashboard using Moving average (single or double (MA crossover)), RSI, Bollinger bands, ADX, Composite index (Constance M. Brown), Awesome (Bill Williams), MACD (signal line) or Heiken Ashi smoothed. It can be used with all time frames from M1 to MN . Max. 9 time frames can be shown in the dashboard at the same time. The co
39 USD
This indicator can send alerts when a Heiken Ashi Smoothed color change occurs. Features Can send all types of alerts. Option to delay the alert one or more bars in order to confirm the color (trend) change. Parameters Candle shift for alert: Default is 1. Setting it to 0 will alert you on color change on the current candle. This should be regarded as a pending (unconfirmed) signal. MA method: Default is Smoothed (SMMA). MA period: Default is 4. MA 2 method : Default is Linear Weighted (LWMA
FREE
This multi time frame and multi symbol indicator identifies double top/bottom, head and shoulders, pennant, triangle and flag patterns. For top/bottom and head and shoulders it is also possible to setup alerts only when a neckline breakout (confirmed signal) has occured. The indicator writes the signals to a text file which can be used by an Expert Advisor (EA) for auto trading. You can find more information about the content and location of the text file in the blog . This free version i
FREE
Filtro:
Please add multicolor histogram EXAMPLE: http://www.profitf.com/wp-content/uploads/2015/03/MACD-color.jpg
Very interesting Indicator and Jan is a super Friendly & Dedicated Developer
Robby Wijaya
2020.04.14 20:30
#
This indicator are very very great and smart, its catch almost 90% of divergence form but when you know how to use it properly for scalping strategy then this indicator I can say Perfect 100% !! Thanks Jan you are ROCK , GBU
Erik Vikanes Hansen
2019.08.22 12:02
#
This indicator seems to be very promising, where it gives reliable entry signals and one can choose from a variety of different oscillators. I have been using it for a short time and so far I am very happy. Jan the developer, is also very friendly and easy to get in touch with. He helps out with his experience with regards to both choosing the best oscillator and preferred settings for different instruments. So far I would recommend this indicator. It is very easy to play around with all the different oscillators and settings for backtesting.
Versão 2.5
2020.09.25
*** Please always make a backup of the existing indicator (the .ex5 file) before you make an update ***
This is not a mandatory update if you are not using iCustom() calls in an own developed Expert Advisor.
- added the possibility to use another buffer (#4) for iCustom() calls. By using this buffer instead you will know if the divergence is of regular (classical) or hidden type. Code example at the end of the product's blog
This is not a mandatory update if you are not using iCustom() calls in an own developed Expert Advisor.
- added the possibility to use another buffer (#4) for iCustom() calls. By using this buffer instead you will know if the divergence is of regular (classical) or hidden type. Code example at the end of the product's blog
Versão 2.4
2020.08.02
*** Please always make a backup of the existing indicator (the .ex5 file) before you make an update ***
- I have changed the logic of detecting divergences so that more divergences will be detected. The new logic will allow divergences even if there are additional indicator extremums (top/bottoms) between the 2 already existing extremum points. Please be aware of the fact that the new logic also comes with a performance cost. Something which will be more visible on slower computers.
- added an option to disable drawing of lines and arrows if the RSI filter is enabled and the price it outside the RSI levels
- I have changed the logic of detecting divergences so that more divergences will be detected. The new logic will allow divergences even if there are additional indicator extremums (top/bottoms) between the 2 already existing extremum points. Please be aware of the fact that the new logic also comes with a performance cost. Something which will be more visible on slower computers.
- added an option to disable drawing of lines and arrows if the RSI filter is enabled and the price it outside the RSI levels
Versão 2.3
2020.02.04
- added an option to embed a custom alert text into the alert
- upon request I have added the possibility to scan for "early" divergences. This means that the alert will come directly upon candle open instead of waiting for the slope in the indicator to change direction (candle shift 1 or 2). Candle shift must be set to 0 for this to work. Please be aware though that this will lead to more false signals (repaintings)
- upon request I have added the possibility to scan for "early" divergences. This means that the alert will come directly upon candle open instead of waiting for the slope in the indicator to change direction (candle shift 1 or 2). Candle shift must be set to 0 for this to work. Please be aware though that this will lead to more false signals (repaintings)
Versão 2.2
2020.01.23
- minor bug fixes
Versão 2.1
2019.11.01
- added support for MFI and Momentum divergences
- added the possibility to show MACD main line as histogram instead of a line (same as in the Metatrader native MACD indicator)
- added the possibility to show MACD main line as histogram instead of a line (same as in the Metatrader native MACD indicator)
Versão 2.0
2019.09.19
- added possibility to select OBV volume type
Versão 1.9
2019.09.19
*** Please always make a backup of the existing indicator (the .ex4 file) before you make the update ***
- added support for OBV, ATR and Composite Index divgergences
- added an option to select if divergence candle must close at least xx % away from the high/low price
- added support for OBV, ATR and Composite Index divgergences
- added an option to select if divergence candle must close at least xx % away from the high/low price
Versão 1.8
2019.08.21
- added an option to use strict mode for price or indicator levels. When this has been enabled then the levels between the both extremums are not allowed to be higher/lower then the first or last extremum candle or indicator level.
Versão 1.7
2019.08.15
- fixed an error for the level lines in the indicator window
Versão 1.6
2019.08.14
- added ADX divergence
Versão 1.5
2019.06.13
- corrected an issue with the RSI filter. Alerts came even if RSI was out of range.
Versão 1.3
2019.02.18
- added RSI filter option
- added the possibility to disable scanning of bullish or bearish divergences
- added the possibility to disable scanning of bullish or bearish divergences
Versão 1.2
2018.08.16
- added possibility to set custom line level values in the indicator window for Stochastics and RSI
Versão 1.1
2018.06.27
- added support for iCustom with two buffers. Buffer index 4 for bull signals and index 5 for bear signals. The shift is always 0. The value returned is a close price of the candle where the divergence occured.
Very interesting Indicator and Jan is a super Friendly & Dedicated Developer