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Iceberg Divergent EA

Overview

This EA was created based on our indicator called "Iceberg Divergent Indicator".
link : https://www.mql5.com/en/market/product/113805

The Expert Advisors (EA) we offer are automated trading tools designed to assist traders in making smarter and more efficient trading decisions. This EA combines two powerful analytical strategies: divergence analysis and the utilization of the Awesome Oscillator indicator.

  1. Divergence Analysis: Divergence analysis is a technique used to identify discrepancies between price movements and technical indicators such as the Oscillator. Bullish divergence occurs when the price creates lower lows while the indicator creates higher lows, indicating a potential upward reversal. Conversely, bearish divergence occurs when the price creates higher highs while the indicator creates lower highs, suggesting a potential downward reversal.
  2. Awesome Oscillator Indicator: The Awesome Oscillator indicator is a technical tool used to measure market momentum. It calculates the the difference between a 34-period and a 5-period Simple Moving Average (SMA), providing insights into the strength and direction of the market trend. Traders can utilize this indicator to identify potential buying or selling opportunities based on changes in momentum.

By incorporating divergence analysis and the Awesome Oscillator indicator, our Expert Advisors aim to provide traders with a comprehensive toolset for making informed trading decisions and maximizing their trading potential.

Key Features

  1. Stoploss and Take Profit manual or automatic
  2. Risk management
  3. OP Martingale
  4. Added Confirmation Strategy (This feature is only available in the EA version)

Recommendations

  • Metals : XAUUSD / GOLD
  • Pairs : GBPJPY
  • Timeframe : M15

    The best settings for this EA are the EURUSD M15 and XAUUSD M15, you can see the settings in the screenshot section.

    If you have problems regarding installation or need to add some features to this EA, don't hesitate to contact us :)






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    Description : In the world of trading, candlestick patterns are a popular technical analysis tool used by many traders.   There are numerous candlestick patterns, ranging from reversal patterns to continuation patterns. However, remembering all these patterns can be challenging, especially for novice traders. This often leads to traders having to manually memorize and identify candlestick patterns, which can be time-consuming and prone to errors. Candle Pattern Pro is a powerful indicator desig
    Darvas Flow Indicator
    Komang Putra Riswanjaya
    5 (1)
    Darvas Flow Indicator is a revolutionary trading indicator that combines the classic Darvas Box method with modern market flow analysis. Developed for serious traders, Darvas Flow offers a powerful and intuitive tool for identifying trading opportunities. Key Features: Darvas Box Method Implementation: Darvas Flow automatically identifies Darvas boxes, allowing you to see crucial support and resistance levels. This helps in pinpointing optimal entry and exit points in your trades. Dynamic Flow
    FREE
    Sideway Box Indicator
    Komang Putra Riswanjaya
    Sideway Box Indicator The Sideway Box Indicator is an advanced trading tool designed to help traders identify and capitalize on sideways market conditions. This powerful indicator detects periods when the market is in a sideways (ranging) phase, providing traders with clear visual cues. Key Features: Sideways Market Detection : The Sideway Box Indicator accurately identifies sideways market conditions, allowing traders to recognize when the price is consolidating within a specific range. Buy/Sel
    Period Breakout Indicator
    Komang Putra Riswanjaya
    5 (1)
    Overview The Period Breakout Indicator is a versatile tool designed for traders seeking to identify breakout opportunities based on customizable time periods. This indicator automatically determines the highest and lowest prices within a user-defined period, allowing you to tailor it precisely to your trading strategy. Key Features Customizable Time Periods: Define the start and end times based on your preferred trading hours or any specific period. The indicator will then calculate the highe
    FREE
    Overview The Period Breakout Indicator is a versatile tool designed for traders seeking to identify breakout opportunities based on customizable time periods. This indicator automatically determines the highest and lowest prices within a user-defined period, allowing you to tailor it precisely to your trading strategy. Key Features Customizable Time Periods:   Define the start and end times based on your preferred trading hours or any specific period. The indicator will then calculate the high
    FREE
    Overview The Time Trading Indicator AWT is designed for traders who often miss or overlook their trading opportunities. This tool helps users stay on top of their trading windows by providing timely alerts. Key Features User-friendly interface: Simple and intuitive design for easy navigation. Easy to use:   Set it up quickly and start receiving notifications instantly. Alert and Push Notifications:   Stay informed with real-time alerts and push notifications. Customizable Objects:   Adjust the i
    FREE
    Awesome Supply Demand
    Komang Putra Riswanjaya
    Overview  Awesome Supply Demand is a specialized software platform designed to assist traders and market analysts in identifying supply and demand zones in the financial markets. With its advanced features, the platform enables users to observe Fail to Return (FTR) and Flag Limit (FL) patterns efficiently, facilitating more accurate and data-driven decision-making. Key Features Supply and Demand Zone Identification : The platform is equipped with intelligent algorithms that automatically anal
    FREE
    Darvas Flow
    Komang Putra Riswanjaya
    5 (1)
    Darvas Flow Indicator is a revolutionary trading indicator that combines the classic Darvas Box method with modern market flow analysis. Developed for serious traders, Darvas Flow offers a powerful and intuitive tool for identifying trading opportunities. Key Features Darvas Box Method Implementation : Darvas Flow automatically identifies Darvas boxes, allowing you to see crucial support and resistance levels. This helps in pinpointing optimal entry and exit points in your trades. Dynamic Fl
    FREE
    Iceberg Divergen Indicator
    Komang Putra Riswanjaya
    5 (2)
    Iceberg Divergence Indicator will help traders to find divergent patterns that occur on the charts very easily and simply This indicator will visualize divergences pattern that occur on the chart by combining it with an awesome oscillator indicator Key Features Easy to use : The Iceberg divergent indicator is made as simple as possible so that it is easy to use Pattern Visualization : Divergent patterns will be visualized on the live chart Precision : The indicator detects divergent patterns
    FREE
    Awesome MACD Indicator
    Komang Putra Riswanjaya
    AWESOME MACD INDICATOR Awesome MACD Indicator is a powerful trading tool that combines the strengths of Moving Average (MA) and Moving Average Convergence Divergence (MACD) to provide accurate and reliable trading signals. Designed for forex and stock traders, this indicator simplifies the identification of trading opportunities by detecting significant crosses in price movements. Key Features: MA and MACD Combination: Awesome MACD leverages the power of Moving Averages (MA) to identify short-
    FREE
    Awesome Pivot Indicator
    Komang Putra Riswanjaya
    The Pivot Indicator is a vital tool for technical analysis used by traders in the financial markets. Designed to assist in identifying potential reversal points or trend changes, this indicator provides valuable insights into key levels in the market. Key features of the Pivot Indicator include: Automatic Calculations: The Pivot Indicator automatically calculates Pivot Point, Support, and Resistance levels based on the previous period's high, low, and close prices. This eliminates the complexity
    FREE
    Awesome ATR Indicator
    Komang Putra Riswanjaya
    AWESOME ATR INDICATOR The Awesome ATR Indicator is a technical analysis tool developed for the MetaTrader 4 (MT4) platform. This indicator is designed to assist traders in determining stop loss and take profit levels based on the average value of the Average True Range (ATR). By leveraging the market volatility data provided by ATR, this indicator offers more accurate and dynamic guidance in setting these crucial trading levels. KEY FEATURES Dynamic Stop Loss Determination  Calculates stop loss
    FREE
    SidewayBox MT5
    Komang Putra Riswanjaya
    Sideway Box Indicator The Sideway Box Indicator is an advanced trading tool designed to help traders identify and capitalize on sideways market conditions. This powerful indicator detects periods when the market is in a sideways (ranging) phase, providing traders with clear visual cues. Key Features Sideways Market Detection : The Sideway Box Indicator accurately identifies sideways market conditions, allowing traders to recognize when the price is consolidating within a specific range. Buy/S
    Awesome Market Prediction
    Komang Putra Riswanjaya
    Overview Awesome Market Prediction is an advanced indicator designed to give you a competitive edge in the market by accurately identifying breakout opportunities based on the powerful Inverted Hammer and Hanging Man patterns. With its user-friendly interface and reliable signals, this tool helps traders make informed decisions across any financial market, from forex pairs to metals, and even stocks. No repainting signals ensure that you always have real-time, actionable insights. How It Works
    AWTime Indicator
    Komang Putra Riswanjaya
    Overview The Time Trading Indicator AWT is designed for traders who often miss or overlook their trading opportunities. This tool helps users stay on top of their trading windows by providing timely alerts. Key Features User-friendly interface: Simple and intuitive design for easy navigation. Easy to use:   Set it up quickly and start receiving notifications instantly. Alert and Push Notifications:   Stay informed with real-time alerts and push notifications. Customizable Objects:   Adjust the
    FREE
    Glory Fire
    Komang Putra Riswanjaya
    OVERVIEW Glory Fire is an advanced Expert Advisor designed for traders seeking a potent combination of Averaging Martingale and strategic market analysis. This EA utilizes a dynamic time opening mechanism and leverages Bollinger Bands for precision entry points, ensuring a calculated and disciplined trading strategy. This EA has passed a 5++ year backtest Key Features: Averaging Martingale Strategy  Glory Fire employs an Averaging Martingale approach to manage trades, optimizing potential p
    Full Pro Shooter
    Komang Putra Riswanjaya
    Overview Introducing Full Pro Shooter, an innovative Expert Advisor  created for traders who are looking for a safer strategy in transacting on the forex market This EA combines of Hedging & Averaging strategy to deliver a robust and profitable trading system. This EA has passed a 5++ year backtest Key Features Averaging  Full Pro Shooter maximizes profits while managing risk through an averaging. The take profit level for all positions will be adjusted to the averaging number of positions
    Awesome Trade Manager
    Komang Putra Riswanjaya
    Overview Awesome Trade Manager is a powerful, intuitive trading panel designed to streamline and enhance your trading experience. Say goodbye to the repetitive and time-consuming tasks of order management—this tool gives you complete control over your trades with just a few clicks. Whether it’s placing new orders, managing lot sizes, or modifying existing positions, Awesome Trade Manager ensures that you can execute all of these actions swiftly and efficiently, injecting fresh energy into your t
    Darvas Flow EA
    Komang Putra Riswanjaya
    Overview Introducing our latest Expert Advisor (EA), meticulously designed using the powerful "Darvas Flow" indicator ( https://www.mql5.com/en/market/product/119920 ) . This EA seamlessly integrates sophisticated money management techniques with the Moving Average indicator, ensuring optimal performance based on rigorous backtesting over a 5 year period (2019 - 2024) on EURUSD.  Key Features Simple Entry Logic: The EA operates with a straightforward yet effective strategy. It enters trades
    Period Breakout EA
    Komang Putra Riswanjaya
    Overview The Period Breakout EA is a powerful and versatile Expert Advisor designed to capture profitable trading opportunities by identifying key market breakouts. This EA works by determining the highest and lowest price points within a user-defined period. Once the price breaks out of this range, the EA automatically opens a trade in the breakout direction. Key Features Customizable Period : Define the specific time period for calculating the highest and lowest prices, ensuring the strategy
    Candle Pattern Pro
    Komang Putra Riswanjaya
    Description : In the world of trading, candlestick patterns are a popular technical analysis tool used by many traders.   There are numerous candlestick patterns, ranging from reversal patterns to continuation patterns. However, remembering all these patterns can be challenging, especially for novice traders. This often leads to traders having to manually memorize and identify candlestick patterns, which can be time-consuming and prone to errors. Candle Pattern Pro is a powerful indicator design
    Full Pro Shooter MT5
    Komang Putra Riswanjaya
    Overview Introducing Full Pro Shooter, an innovative Expert Advisor  created for traders who are looking for a safer strategy in transacting on the forex market This EA combines of Hedging & Averaging strategy to deliver a robust and profitable trading system. This EA has passed a 5++ year backtest on pair EURUSD timeframe M30. Key Features Time-Based Openings (Time Op) The robot allows you to execute trades based on pre-set times, ensuring that positions are opened precisely at the most opti
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