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Divergence dashboard MT5

49 USD

Demo downloaded: 572

Published: 18 March 2019

Current version: 2.7

Divergence dashboard MT5

Indicators
Jan Flodin
Version: 2.7
Updated: 26 August 2024
Activations: 10

I recommend you to read the product's blog (manual) from start to end so that it is clear from the beginning what the indicactor offers.

This multi time frame and multi symbol divergence dashboard indicator sends an alert when one or two different divergences have been identified. It can be used with all time frames from M1 to MN. Maximum 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. It should be combined with your own confirmation rules, techniques and indicators. Then this indicator will allow you to create (or enhance) your own powerful system.

Features

Can detect divergences for following oscillators/indicators: MACD, Stochastics, OsMA, RSI, CCI, Awesome, OBV, ADX, ATR, MFI, Momentum, Accelerator and Constance Brown Composite index.
It is possible to select up to 9 time frames to be used.
Continuously performs a divergence rank sorting within the dashboard.
By clicking inside a rectangle a new chart will be opened with the symbol and time frame in question.
The indicator can write the signals to global variables which can be used by an Expert Advisor for auto trading.

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.

Input parameters

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

Important

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.

The indicator must be put on a M5 chart. A clean (empty) chart without any other indicators or Expert Advisors on it which could interfere with the dashboard. The dashboard will be loaded in an indicator window which you can then expand to cover the whole chart.

more...

352

Multi Disipliner 2022.02.21 21:10 #

nice

516

Andrew William Little 2020.12.10 03:18 #

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

268

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.

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Features This is an indicator that recognizes a special type of Inside Bar formation which is formed by a Master candle followed by 4 smaller candles (please see the strategy explanation below). Plots buy/sell stop lines on the chart as well as well as take profit and stop loss levels. The TP/SL levels are based on the Average True Range (ATR) indicator. Object colors are changeable. Sends you a real-time alert when a Master candle formation is identified - sound / pop-up / email / push notifica

10 USD

The indicator identifies when a divergence occurs between price and an indicator or oscillator. It identifies bullish and bearish hidden or regular (classical) divergences. Combined with your own rules and techniques, this indicator will allow you to create (or enhance) your own powerful system. Features Can detect divergences for the following indicators/oscillators: MACD, OsMA (Moving average of Oscillator), Stochastics, RSI, CCI, RVI, Awesome (AO), ADX, ATR, OBV, MFI, Momentum and Composi

FREE

This indicator can send alerts when a Heiken Ashi Smoothed color change occurs. Combined with your own rules and techniques, this indicator will allow you to create (or enhance) your own powerful system. Features Can send all types of alerts. Option to delay the alert one bar in order to confirm the color (trend) change. Input parameters Wait for candle close: 'true' or 'false'. Setting it to 'true' will delay the alert to the opening of the bar following the bar where the color change occurred.

FREE

I recommend you to read the product's blog (manual) from start to end so that it is clear from the beginning what the indicactor offers. This multi time frame and multi symbol divergence dashboard indicator sends an alert when one or two different divergences have been identified. It can be used with all time frames from M1 to MN. It is possible to enable moving average or RSI trend filter to filter out only the strongest setups. It should be combined with your own confirmation rules, techni

49 USD

I recommend you to read the product's blog (manual) from start to end so that it is clear from the beginning what the indicactor offers. This multi time frame and multi symbol supply and demand zone dashboard indicator sends alerts when the price has reached a supply/demand zone. It is also possible to use it to be alerted about regular double tops/bottoms instead of zones. It can be used with all time frames from M1 to MN. It is possible to use RSI, divergence (MACD, OsMA, RSI or Awesome) a

59 USD

This multi indicator/oscillator (hereafter indicator), multi time frame and multi symbol indicator identifies when a divergence occurs between price and one, two or three indicators. It identifies both regular/classical (trend reversal) and hidden (trend continuation) divergences. It has RSI and MA trend filter options which makes it possible to filter out only the strongest setups. Combined with your own rules and techniques, this indicator will allow you to create (or enhance) your own powerfu

39 USD

I recommend you to read the product's blog (manual) from start to end so that it is clear from the beginning what the EA offers. This Expert advisor's (EA) main strategy is to place trades when 3 moving averages (MA) are in consecutive alignment and at a certain distance from each other (it can be used for instance for a not very well known strategy used by some institutional traders, which involves the MAs 10, 20 and 30 on the D1 time frame). The EA works best on H1 and larger time frames. Th

79 USD

I recommend you to read the product's blog (manual) from start to end so that it is clear from the beginning what the indicactor offers. This multi time frame and multi symbol indicator identifies double or triple top/bottom formations or a following neckline breakout (confirmed top/bottom). It offers filters for RSI overbought/oversold, candle patterns (pin bar, engulfing, tweezer, morning/evening star, three line strike) and divergences (MACD, OsMA, Awesome (AO), RSI, CCI, Stochastic) whic

39 USD

I recommend you to read the product's blog (manual) from start to end so that it is clear from the beginning what the indicator offers. This multi time frame and multi symbol indicator identifies double top/bottom, head & shoulder, pennant/triangle and flag patterns. It is also possible to setup alerts only when a neckline/triangle/flagpole breakout has occured (neckline breakout = confirmed signal for top/bottoms and head & shoulders). The indicator can also be used in single chart mode.

59 USD

I recommend you to read the product's blog (manual) from start to end so that it is clear from the beginning what the indicactor offers. This indicator for Metatrader 4 identifies when a divergence occurs between price and an oscillator/indicator. It identifies both bullish and bearish divergences. It has a RSI filter option which makes it possible to filter out only the strongest setups. The indicator also offers options to wait for an Engulfing formation, Donchian channel breakout or for p

59 USD

49 USD

This multi time frame and multi symbol indicator for MT5 alerts about Heiken Ashi Smoothed color changes. As a bonus it can also scan for Hull Moving Average color (trend) changes. Combined with your own rules and techniques, this indicator will allow you to create (or enhance) your own powerful system. Features Can monitor all symbols visible in your Market Watch window at the same time. Apply the indicator to just one chart and instantly monitor the entire market. Can monitor every time fram

30 USD

I recommend you to read the product's blog (manual) from start to end so that it is clear from the beginning what the indicator offers. This multi time frame and multi symbol indicator identifies when the stochastics signal line crosses the stochastics main line. As an alternative it can also alert when stochastics is leaving (without signal line crossing main line) an overbought/oversold area. As a bonus it can also scan for Bollinger bands and RSI overbought/oversold crosses. Combined wi

30 USD

I recommend you to read the product's blog (manual) from start to end so that it is clear from the beginning what the indicator offers. In addition to finding bullish and bearish Three line strike formations this multi symbol and mutli time frame indicator can also scan for the following candlestick patterns (please see screenshots for explanation of the patterns): Three white soldiers (reversal>continuation pattern) Three black crows (reversal>continuation pattern) The formations do not ap

30 USD

I recommend you to read the product's blog (manual) from start to end so that it is clear from the beginning what the indicactor offers. 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. Combined with your own rules and techniques, this

39 USD

This multi time frame and multi symbol indicator identifies fractals patterns. As a bonus it can also scan for Parabolic SAR (pSAR) trend changes. Combined with your own rules and techniques, this indicator will allow you to create (or enhance) your own powerful system. Features Can monitor all symbols visible in your Market Watch window at the same time. Apply the indicator to just one chart and instantly monitor the entire market. Can monitor every time frame, from M1 to MN, and sends you a

30 USD

This cost averaging Expert advisor (EA) places additional trades in the same direction as the original (manually opened) order when the price goes against you. It can be used as a grid system or as pure martingale system (exponential increasing of lot size) or smoothed martingale (for instance linear increasing of the lot size). Due to the risk involved, this EA is more suitable for intermediate to advanced traders who are well aware of how to handle risk management and trading an already profit

30 USD

This multi time frame and multi symbol indicator identifies high-probability breakout patterns. It does this by identifying strong, symmetrical pennants and triangles. This pattern DOES NOT appear very often on higher timeframes. But when it does, it is a very high-probability setup. The indicator also includes an Inside bars scanner. It can for example be used to detect a special type of Inside bars formation which is formed by a Master candle (MC) followed by 4 inside candles (please see the

30 USD

I recommend you to read the product's blog (manual) from start to end so that it is clear from the beginning what the indicactor offers. This multi time frame and multi symbol indicator scans for pin bars. Combined with your own rules and techniques, this indicator will allow you to create (or enhance) your own powerful system. Features Can monitor all symbols visible in your Market Watch window at the same time. Apply the indicator to just one chart and instantly monitor the entire market.

30 USD

I recommend you to read the product's blog (manual) from start to end so that it is clear from the beginning what the indicator offers. This multi time frame and multi symbol indicator scans for engulfing and tweezer formations. The indicator can also be used in single chart mode. Combined with your own rules and techniques, this indicator will allow you to create (or enhance) your own powerful system. Features Can monitor all symbols visible in your Market Watch window at the same time. Ap

30 USD

Filter:

352

Multi Disipliner 2022.02.21 21:10 #

nice

516

Andrew William Little 2020.12.10 03:18 #

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

268

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 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.

3043

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.

Version 2.7 2024.08.26

*** IMPORTANT - Please always make a backup of the existing indicator (the .ex5 file) before you make the update ***

Change log:
- added support for Composite index divergences (index line)

Version 2.6 2023.11.18

*** IMPORTANT - Please always make a backup of the existing indicator (the .ex5 file) before you make the update ***

Change log:
- improved the accuracy when clicking on the text in a box (rectangle)
- added a new input parameter for additional symbols
- clicking on the symbol name in the first column will open up a D1 chart
- added the option to set the border color

Version 2.5 2022.06.25

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

- added the possibility to get individual divergence alerts (for each single divergence)

Version 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.

Version 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.

Version 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.

Version 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

Version 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)

Version 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

Version 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.

Version 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

Version 1.6 2019.11.27

- added support for the H12 time frame
- added Bollinger bands (reversal) trend filter

Version 1.5 2019.11.01

- added support for ADX, ATR, OBV, MFI and Momentum divergences

Version 1.4 2019.05.27

- corrected an issue with empty dashboard when having less than 9 symbols

Version 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.

Version 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

Version 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