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  • Comments (11)
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Cipher B Divergences

5
Finally a Metatrader version of the very popular (and expensive) Market Cipher B indicator, or the Vumanchu Cipher B + Divergences very popular on Tradingview platform.

This tool is very heavy on calculations, total are 31 plots using 97 buffers from several indicators. On my mid end computer, timeframes below M15 start getting a bit laggy, so it would require a powerful computer to run it properly at very low timeframes. It's still usable here, but somewhat sluggish response in Metatrader (like scrolling the chart back and forth). For that reason a MT4 version is not even possible.

Be reasonable when using the signals: ignore buy signals in a downtrend and favor sell signals (vice versa for an uptrend). On a sideways market it's reasonable to favor both signals.
Reviews 4
Irusel
474
Irusel 2024.10.29 21:08 
 

Отличный индикатор

Rafal Krzysztof Manuszewski
2159
Rafal Krzysztof Manuszewski 2024.10.06 19:57 
 

super

Van Khiet Tran
142
Van Khiet Tran 2024.03.07 04:31 
 

Excellent!

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Alberto Gauer Borrego
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Relative Volume or RVOL is an indicator that averages the volume of X amount of days, making it easy to compare sessions volumes. The histogram only has 3 colors: Green - Above average volume Yellow - Average volume Red - Below average volume The default setting is 20 days, which corresponds more or less to a month of trading. With the data obtained from this indicator you can better gauge the commitment behind a move. For example, you will be better equipped to judge if a bre
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This utility solves the problem of Metatrader not having the capacity to create custom session times, all markets are displayed forcefully in a 24h format. Lots of traders prefer to ignore the overnight action and focus only on NY session and use the overnight gaps as part of their trading strategy. ICT teaches this as "opening range gap", it's the gap between NY session end (16:15) and NY session start (09:30). The default setting in this utility reflects the RTH (Regular Trading Hours
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Irusel
474
Irusel 2024.10.29 21:08 
 

Отличный индикатор

Rafal Krzysztof Manuszewski
2159
Rafal Krzysztof Manuszewski 2024.10.06 19:57 
 

super

Van Khiet Tran
142
Van Khiet Tran 2024.03.07 04:31 
 

Excellent!

BlackArmor
398
BlackArmor 2023.10.05 01:03 
 

Thank you. Good indicator, works in conjunction with your system. Need some practice also watch the video.

Reply to review
Version 1.2 2023.03.09
-Updated default settings
Version 1.1 2023.03.07
Refinements in the code