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Divergence dashboard MT5

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. 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. It is possible to enable moving average, RSI or Bollinger bands 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.

Features

  • The indicator can write the signals to global variables which can be used by an Expert Advisor for auto trading. For instance this product.
  • Can detect divergences for following oscillators/indicators: MACD, Stochastics, OsMA, RSI, CCI, Awesome, OBV, ADX, ATR, MFI, Momentum and Accelerator.
  • It is possible to select up to 9 time frames to be used.
  • Continuously performs a divergence rank sorting within the dashboard. It is possible to disable this sorting though to make it easier finding a specific symbol. The symbols will then be visible in the same order as they have been entered in the Symbols parameter or in the order they are visible in the Market Watch window.
  • By clicking inside a rectangle a new chart will be opened with the symbol and time frame in question.

It is enough to place the indicator on one chart and you will receive an alert from any symbol of your choice.

Both regular/classical (trend reversal) and hidden (trend continuation) divergences will be taken into consideration. Hence there could be a regular divergence and at the same time a hidden divergence on another time frame. Please see screenshot #3 below. The example is showing divergences from 2 indicators but it could also be from one and the same indicator. It is possible though to set if to use only regular or only hidden divergences by changing a parameter.


Parameters

Please find the description and explanation of the input parameters here.


Please note that this indicator is not supported in the strategy tester. It will also not draw lines and arrows or sell and buy advice on any chart.

I recommend putting the indicator on a M5 chart. A clean chart without any other indicators or Expert Advisors on it. The indicator will be loaded to an indicator window which you can then expand to cover the whole chart.


Please also check out my other divergence and dashboard products:

Divergence indicator

Double divergence scanner

Trend dashboard


Comentários 4
Lucky Pal
109
Lucky Pal 2020.12.10 03:18 
 

Great indicator for trading divergences on multiple time frames with both individual and simultaneous alignment. Definitely recommended!

Bruno Cano
301
Bruno Cano 2019.11.27 01:54 
 

Excellent indicator, on the other hand Jan is an excellent person who has managed to answer my questions quickly and easily.

I recommend this indicator.

Thomas
239
Thomas 2019.06.13 16:59 
 

Again a great indicator from Jan. It works great and you can decide how usefull the signals are. Finding not the wright words to thank Jan for his wonderful work. Will not be the last indicator I will buy.

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Currency Power Meter mostra o poder das principais moedas contra o outro. O indicador mostra a força relativa da moeda / par no momento atual em um período de tempo (diário, semanal, mensal). É útil para os comerciantes de dia, os comerciantes do balanço e comerciantes de posição com opções período adequado. Poder dos Moedas é a verdadeira razão de tendência do mercado: a moeda mais forte contra a moeda mais fraca irá combinar em um par mais de tendências. Como sabemos, a tendência faz o dinh
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DG TrendSigns
David Gadelha
Purpose DG Trend+Signs is an indicator that paints candles with trend colors and clearly shows consolidations, using both DoGMA Trend and DoGMA Channel indicators. It was created to help users in their trades, showing trends, consolidations and marking entry and exit points. The indicator also takes consolidations in consideration to identify breakouts. Key features Designed to be simple to use, with a few parameters Does NOT repaint Does NOT recalculate Signals on entries Works in ALL pairs W
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MACD Alert Series For MT5
Nelson Silva
The Moving Average Convergence Divergence Indicator (MACD) is both a trend–seeking and momentum indicator which uses several exponential moving averages set to closing prices to generate trading signals. We added many types of alerts plus the Delay Cross Filter to aid in your search for better opportunities in the market. Product Features Sound alert Push Notification (Alerts can be sent to your mobile phone) Signs on chart Alert box Alert on zero histogram cross or line sign cross. DelayCros
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Breakout Scanner Multi Pair And Multi Time Frame
ScorpionFX
(FOR MT5)  Breakout Scanner Multi Pair And Multi Time Frame :   This indicator has been designed to automatically identify high probability breakout patterns. And it does this by finding very strong, symmetrical pennants and triangles. IMPORTANT FACTORS TO KEEP IN MIND: Pennants and triangles are some of the best possible entry areas. As they allow you  to have excellent risk and reward ratios. And this is one of the most important factors  in the institutional trading world.  PLEASE NOTE: 
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Beast Super Signal MT5
Dustin Vlok
The Beast Super Signal is a simple, and easy to use trend based indicator. It will continuously monitor current price action looking for new trends developing or strong reversals building at extreme price levels, and trends that have reached strong exhaustion levels. The Beast Super Signal indicator will monitor the current price, and only when all of the internal strategies align, and are in 100% agreement with each other, the indicator will paint a new buy or sell signal arrow on the chart. A
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Chart patterns scanner MT5
Jan Flodin
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
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AguiaTraders F12 PRO
Renato Fiche Junior
Esta ferramenta foi desenvolvida para ajudar os traders nos treinos candle a candle e em modo replay. Nas configurações do indicador, o usuário escolhe a data inicial do treino e o indicador irá esconder automaticamente todos os candles após esta data. Dessa forma, o usuário poderá fazer estudos no gráfico antes de iniciar o treino. Iniciando o treino, o usuário poderá então simular os seus trades com muita rapidez e facilidade! Atenção: A versão DEMO pode ser encontrada aqui: https://www.mql
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FX Trend MT5
Daniel Stein
⭐️⭐️⭐️⭐️⭐️ You want to become a constantly profitable 5-star forex trader? ⭐️⭐️⭐️⭐️⭐️ 1.  Read the basic description of our simple trading  system   &  and it's major strategy update in 2020   2.   Send a screenshot of your purchase  to get your personal invitation to our exclusive trading chat FX Trend displays the trend direction, duration, intensity and the resulting trend rating for all time frames in real time. You'll see at a glance at which direction the trends are running, how long t
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Heiken Ashi Smoothed Alert
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Divergence dashboard FREE MT5
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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.  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. It is possible to enable moving average or RSI trend filter to filter out only the strongest setups. This free version is limited to EURUSD, GBPUSD and USDJPY and without the option to send mail and push alerts
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Trend dashboard FREE MT5
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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 c
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Divergence dashboard FREE
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This  multi time frame and multi symbol  divergence dashboard indicator sends an alert (paid version only) when one or two different divergences 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. This free version is limited to EURUSD, GBPUSD and USDJPY and has some other limitations such as no support for mail and push alerts. The unlimited paid versi
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Trend reversal dashboard FREE
Jan Flodin
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. This free version is limited to EURUSD, GBPUSD and USDJPY  and without the option to send mail and push alerts . The unlimited paid version can be found   here . Features Can detect the
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Filtro:
Devonish
1463
Devonish 2019.03.19 12:34 
 

I like it :)

If divergence forms a part of your strategy, then this indicator offers a lot. There are various ways you could use it. The ability to have set ups ranked by score is nice.

This programmer offers quality products and provides good support.

Thomas
239
Thomas 2019.06.13 16:59 
 

Again a great indicator from Jan. It works great and you can decide how usefull the signals are. Finding not the wright words to thank Jan for his wonderful work. Will not be the last indicator I will buy.

Bruno Cano
301
Bruno Cano 2019.11.27 01:54 
 

Excellent indicator, on the other hand Jan is an excellent person who has managed to answer my questions quickly and easily.

I recommend this indicator.

Lucky Pal
109
Lucky Pal 2020.12.10 03:18 
 

Great indicator for trading divergences on multiple time frames with both individual and simultaneous alignment. Definitely recommended!

Responder ao comentário
Versão 2.4 2020.10.12
*** Please always make a backup of the existing indicator (the .ex5 file) before you make an update ***

- added scanning for Accelerator oscillator divergences
- added an option to set the scanning interval. This is by default set to 1 second but could be set to for instance 60 seconds, or higher, for users with slower computers.
Versão 2.3 2020.09.07
*** Please always make a backup of the existing indicator (the .ex5 file) before you make an update ***

- added a possibility to enable writing of of global variables when point ranking has been enabled. The global variables can be used by an Expert Advisor for automatical trading.

- 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.
Versão 2.2 2020.09.01
*** Please always make a backup of the existing indicator (the .ex5 file) before you make an update ***

- bug fix. Not a mandatory update if everything is already working as it should.
Versão 2.1 2020.08.23
*** Please always make a backup of the existing indicator (the .ex5 file) before you make an update ***

- added the possibility to select from all supported time frames in MT5. Max. 9 time frames can be used in the dashboard
Versão 2.0 2020.07.22
*** Please always make a backup of the existing indicator (the .ex4 file) before you install an update ***

- added an option to change the blue color in the rectangles when there is no signal (neutral)
Versão 1.9 2020.06.08
- Recompiled (recommended by Metaquotes as of June 05,2020) to the new MT5 version 2485: https://www.mql5.com/en/forum/342948
Versão 1.8 2020.06.04
- 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.
Versão 1.7 2019.12.23
- added information if the divergence is hidden or regular. Please see the first screenshot.
- added the possibility to set the rectangle bull and bear colors
Versão 1.6 2019.11.27
- added support for the H12 time frame
- added Bollinger bands (reversal) trend filter
Versão 1.5 2019.11.01
- added support for ADX, ATR, OBV, MFI and Momentum divergences
Versão 1.4 2019.05.27
- corrected an issue with empty dashboard when having less than 9 symbols
Versão 1.3 2019.04.04
- fixed an issue with the indicator not properly terminating when manually offloaded from the chart or when the terminal was closed.
Versão 1.2 2019.03.19
- added the possibility to add a custom text for alerts
- added the possbility to be alerted based on the point system instead of the color count system
Versão 1.1 2019.03.18
- resolved some minor display issues
- the indicactor will now print warnings in the Expert tab if there are not enough bars on a chart. Can sometimes happen on WK1 and MN