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Diver GDP

Divergence Formation GDP (Gaussian or Normal Distribution of Probability) hereinafter "Diver" - is used for Fisher transform function to be applied to financial data, as result market turning points are sharply peaked and easily identified.

Classic (regular) and Reversal (hidden) Divergences - at your choice.

  • Adjustable sizes and all parameters
  • Flexible settings including VOID levels (alert function in place, arrows to show in which direction to trade)
  • No re-paint / No re-draw (must set CalcOnOpenBar=false)
  • "SetIndexBuffer" available for all variables (can be used in EA)
  • Auto-detect 4- and 5-digit price function
  • Light (does not over-load MT4)

In order for Regular Classic GDP Divergence to exist, Price must form one of the following:

  • BEARISH Diver: Higher high than the previous high (but the oscillator is lower high)
  • BULLISH Diver: Lower low than the previous low (but the oscillator is higher low)

As a rule, the occurrence of divergence means the completion of the movement (the weakening strength of the trend) and the possibility of strong correction or complete turn of the market. The higher the chart timeframe, the stronger the signal.

Second type of GDP Divergence is Reversal ("hidden"). It indicated continuation of the trend and can be detected when Price forms one of the following:

  • BEARISH Diver: Lower high than the previous high (but the oscillator is higher high)
  • BULLISH Diver: Higher low than the previous low (but the oscillator is lower low)

It should be noted that Reversal (or Hidden) GDP divergence is relatively rare, but reliability of the signal is quite good.


Indicator Parameters:

  • CalcOnOpenBar - if true: to include open bar for detecting Diver
  • DrawStandardDiv - if true: enable regular Divers
  • DrawReversalDiv - if true: enable hidden Divers
  • GD_Length - parameter of Gaussian Distribution
  • BullishDiv_ResetAbove - cancels Bullish Diver if the indicator crosses this level
  • BearishDiv_ResetBelow - cancels Bearish Diver if the indicator crosses this level

Diver parameters:

  • MaxBars - number of bars to draw Divers on the chart (reduces MT4 load)
  • DivWidth_MinBars - minimum horizontal distance between 2 extremums
  • DivWidth_MaxBars - maximum horizontal distance between 2 extremums
  • DivHeight_MinPips - minimum vertical distance between 2 extremums
  • DivHeight_MaxPips - maximum vertical distance between 2 extremums

Diver extremums:

  • Chart_LeftTop_BarsL - number of bars to form price left extremum (left side of price fractal)
  • Chart_LeftTop_BarsR - number of bars to form price left extremum (right side of price fractal)
  • Chart_RightTop_BarsL - number of bars to form price right extremum (left side of price fractal)
  • Chart_RightTop_BarsR - number of bars to form price right extremum (right side of price fractal)
  • Ind_LeftTop_BarsL - number of bars to form indicator left extremum (left side of indicator fractal)
  • Ind_LeftTop_BarsR - number of bars to form indicator left extremum (right side of indicator fractal)
  • Ind_RightTop_BarsL - number of bars to form indicator right extremum (left side of indicator fractal)
  • Ind_RightTop_BarsR - number of bars to form indicator right extremum (right side of indicator fractal)
  • LeftTops_MaxBarsDiff - additional space (in bars) for price and indicator to form left extremum
  • RightTops_MaxBarsDiff - additional space (in bars) for price and indicator to form right extremum
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great tool for any trader for both Forex and binary options suitable for any trader no need to configure anything, everything has been perfected by time and experience The tool combines 5 indicators and 3 proprietary strategies works great during flats and trends It indicates a trend reversal at its very beginning, it works well with the trend Trading Recommendations The signal is formulated on the current candle You should enter the trade at the next Possible recount (rare)
Chan
Zhao Ming Liu
5 (1)
缠中说禅在MT4的应用,该指标自动识别分型,划笔,划线段,显示笔中枢,线段中枢,也可以根据需求在参数中设置显示自己所需要的。 1.笔采用条件较为宽松的新笔。 2.当前分型与前面分型不能构成笔时,若与前面笔同向且创新高或新底时会延伸笔,若与前面笔异向且符合替换条件则去除倒数第一笔,直接倒数第二笔。 3.线段的终结第一类情况:缺口封闭,再次创新高或新底新低,则判为终结,同时破坏那一笔的右侧考虑特征序列包含。 4.线段终结的第二类情况,缺口未封闭,考虑后一段特征序列分型出现新的顶底分型,同时做了包含处理。 5.中枢显示笔中枢和段中枢可在参数选择 6.第一类买卖点两种方式可选,参数1为MACD动能柱面积,参数2为斜率
Hi traders, I'm glad to bring to you the market analysis tool called "Infinity Trend Indicator". The main goal of this indicator is to help you figure-out  the beginning of a new trend and the end of the trend current trend.  NOTE:  THIS INDICATOR DOESN'T REPAINT!! How to use this Indicator 1. Based on the Infinity trend indicator only We look to buy when the yellow line is pointing or curving up after a strong bearish move We look to sell when the yellow line is pointing or curving downward aft
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Version 5.56 2021.12.16
Recompiled in recent MT4 build.