• 概述
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  • 新特性

Multi oscillator divergence MT5

The indicator identifies when a divergence occurs between price and an oscillator. It identifies both bullish and bearish divergences.

Please also check out my Double divergence scanner: https://www.mql5.com/en/market/product/29584


Features

  • Can detect divergences for the following oscillators: MACD, OsMA (Moving average of Oscillator), Stochastics, RSI, CCI, RVI and Awesome. Only one oscillator can be selected.
  • Draws solid lines for regular/classical (potential reversal) divergences and dotted 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.


Parameters

  • Oscillator to use: Default is Stochastics. You can select from any of the above mentioned oscillators.
  • Divergence candle shift (must be >0): Default is 1. You can set it to a higher value for a stronger confirmation of the possible reversal/trend continuation. By having it set to 1 you will catch the possible movement earlier (pending divergence). On the other hand, the signal is less reliable.
  • Scan for hidden divergences: True or False.
  • Scan for regular divergences: True or False
  • Max history bars: Bars back in time for which to draw divergences. Default is 1000.
  • Bars to check (divergence depth): Default is 26 which corresponds to the default Slow MA.
  • MACD and OsMA SETTINGS
    • Fast MA: Default is 12 (fixed value 5 for Awesome).
    • Slow MA: Default is 26 (fixed value 34 for Awesome).
    • Signal MA: Default is 9.
  • CCI, RSI AND RVI SETTINGS
    • Period: Default period is 10.
  • STOCHASTIC SETTINGS
    • K: Default is 12.
    • D: Default is 3.
    • Slowing: Default is 3.
  • RSI/Stochastics indicator window levels: Default is 80/20.
  • Bullish divergence line color: Color for bullish lines.
  • Bearish divergence line color: Color for bearish lines.
  • Indicator level line: Color for indicator level lines.
  • Alerts: Set to true for each alert type you would like to receive.


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版本 1.2 2018.08.16
- added possibility to set custom line level values in the indicator window for Stochastics and RSI
版本 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.