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DLMACD

4

DLMACD - Divergence Local (Wave) MACD. The indicator displays divergences by changing the color of the MACD histogram. The indicator is easy to use and configure. It was created as an addition to the previously published DWMACD.

For the calculation, a signal line or the values ​​of the standard MACD histogram can be used. You can change the calculation using the UsedLine parameter. It is advisable to use a signal line for calculation if the histogram often changes directions and has small values, forming a kind of flat. To smooth the histogram values ​​set the signal line at UsedLine and a small period (2-5). As the period increases, the indicator lags behind the price (which applies to any indicator).

The indicator is calculated at the current price (close).

You can use your own moving average values ​​in the settings. It is possible to use 4 standard types of moving averages (SMA, EMA, LWMA, SMMA). The CONST type has also been introduced - this is a straight line (constant value) - it cannot be used in this indicator.

The local divergence displayed by this indicator reflects the price movement after the divergence. Significant local divergence occurs with simultaneous divergence on DWMACD. If DWMACD does not show divergence, then movement along local divergence may not last long, although it will be strong. In this case, the market becomes more volatile.

The divergence colors correspond to the intuitive: blue - looking for purchases, red - sales.

Note: the next divergence cancels the previous one!

Have a successful trading!

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Trend Line Map Pro MT5
STE S.S.COMPANY
4.3 (10)
Indicators
Trend Line Map indicator is an addons for   Trend Screener Indicator . It's working as a scanner for all signals generated by Trend screener ( Trend Line Signals ) . It's a Trend Line Scanner based on Trend Screener Indicator.  If you don't have Trend Screener Pro Indicator,   the Trend Line Map Pro will not work.     LIMITED TIME OFFER : Trend Line Map Indicator is available for only 50 $ and lifetime. ( Original price 125$ ) By accessing to our MQL5 Blog,  you can find all our premium indica
Gartley Hunter Multi
Siarhei Vashchylka
5 (7)
Indicators
Gartley Hunter Multi - An indicator for searching for harmonic patterns simultaneously on dozens of trading instruments and on all possible timeframes. Manual (Be sure to read before purchasing) | Version for MT4 Advantages 1. Patterns: Gartley, Butterfly, Shark, Crab. Bat, Alternate Bat, Deep Crab, Cypher 2. Simultaneous search for patterns on dozens of trading instruments and on all possible timeframes 3. Search for patterns of all possible sizes. From the smallest to the largest 4. A
PTS Precision Index Oscillator MT5
PrecisionTradingSystems
Indicators
The Precision Index Oscillator (Pi-Osc) for MT5 by Roger Medcalf of Precision Trading Systems First of all, if you have any questions please contact me via my website which you can find by searching the above title. Version 2 has been carefully recoded to be super fast to load up on your chart and some other technical improvements have been incorporated to enhance experience. Pi-Osc was created to provide accurate trade timing signals designed to find   extreme     exhaustion points, the points
TPA True Price Action MT5 Indicator
InvestSoft
5 (10)
Indicators
TPA True Price Action indicator reveals the true price action of the market makers through 100% non-repainting signals strictly at the close of a candle! TPA shows entries and re-entries, every time the bulls are definitely stronger than the bears and vice versa. Not to confuse with red/green candles. The shift of power gets confirmed at the earliest stage and is ONE exit strategy of several. There are available now two free parts of the TPA User Guide for our customers. The first "The Basics"
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DWMACD
Roman Sukhorukov
Indicators
DWMACD - Divergence Wave MACD . The indicator displays divergences by changing the color of the MACD histogram. The indicator is easy to use and configure. For the calculation, a signal line or the values ​​of the standard MACD histogram can be used. You can change the calculation using the UsedLine parameter. It is advisable to use a signal line for calculation if the histogram often changes directions and has small values, forming a kind of flat. To smooth the histogram values ​​set the signa
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Vadim Strelkov
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Vadim Strelkov 2014.03.28 13:30 
 

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Version 1.1 2021.11.23
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