• Обзор
  • Отзывы (3)
  • Обсуждение (8)
  • Что нового

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 and Momentum.
  • 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


Отзывы 3
Bruno Cano
300
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
238
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.

Devonish
1327
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.

Рекомендуем также
Фильтр:
Bruno Cano
300
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
238
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.

Devonish
1327
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.

Версия 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.
Версия 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.
Версия 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
Версия 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)
Версия 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
Версия 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.
Версия 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
Версия 1.6 2019.11.27
- added support for the H12 time frame
- added Bollinger bands (reversal) trend filter
Версия 1.5 2019.11.01
- added support for ADX, ATR, OBV, MFI and Momentum divergences
Версия 1.4 2019.05.27
- corrected an issue with empty dashboard when having less than 9 symbols
Версия 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.
Версия 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
Версия 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