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SDivergence

1

SDivergence Indicator calculates and shows regular divergences and hidden divergences for MACD and Stochastic(for now). The benefit of this indicator is multiple input variables. Using these inputs you can modify to get more adaptive RD and HD's to your strategy.

Guide :

1- First put your desired oscillator (MACD or Stochastic or Both) on the chart.

2- Run SDivergence indicator and set corresponding sub-window index of previously put oscillator in SDivergence input window.

-Note: the chart sub-window index is 0. and first indicator's (in separate  window) sub-window index is 1 and so on.


Indicator Inputs:

 ind_type (MACD/STOCH)  -> chooses the indicator type between MACD and Stochastic 


---------------DIVERGENCE SETTINGS--------------------

 DivCandleType (Body/Shadow) -> type of candle to consider to calculate RD and HDs

 DRN  -> Right Number of Extremum Candles / should be  (>1)

 DLN  -> Left Number of Extremum Candles / should be (>1)

DEC  -> Divergence Extremum Depth. Each extremum compare with DEC number of extremums after it. / should be   (>0) 

osc_DRN -> Indicator Right Number of Extremum Candles / should be (<=DRN) 

osc_DLN -> Indicator Left Number of Extremum Candles  / should be  (<=DLN) 

oscExtPeriod  -> Indicator Extermum Period to Check  / should be  (>=0)

backCheck  -> BackCheck Period With Each new Candle  / should be  (>0)

--------------------MACD SETTINGS-------------------------

 macd_subwindow = 1;  // MACD Subwindow -> RD and HD lines for macd will draw to this window 

 InpFastEMA = 12; // Fast EMA period

 InpSlowEMA = 26; // Slow EMA period

 InpSignalSMA = 9; // Signal SMA period

 applied_price = PRICE_CLOSE; // Applied Price MACD

--------------------STOCH SETTINGS-------------------------

 stoch_subwindow = 2; // Stochastic Subwindow ->  RD and HD lines for Stochastic will draw to this window 

 InpKPeriod = 5; // K period

 InpDPeriod = 3; // D period

 InpSlowing = 3; // Slowing



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Step into the realm of Forex trading with confidence and precision using XQ, a cutting-edge Forex indicator designed to elevate your trading game to unprecedented heights. Whether you're a seasoned trader or just stepping into the world of currency exchange, XQ Forex Indicator empowers you with the insights and signals needed to make informed trading decisions. The signal conditions are a combination of three indicators, and XQ Forex Indicator only display  medium and long-term trends . The ind
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Obtenga su actualización diaria del mercado con detalles y capturas de pantalla a través de nuestro Morning Briefing aquí en mql5 y en Telegram ! FX Volume es el PRIMER y ÚNICO indicador de volumen que proporciona una visión REAL del sentimiento del mercado desde el punto de vista de un bróker. Proporciona una visión impresionante de cómo los participantes institucionales del mercado, como los brokers, están posicionados en el mercado Forex, mucho más rápido que los informes COT. Ver esta info
Was: $249  Now: $99   Market Profile defines a number of day types that can help the trader to determine market behaviour. A key feature is the Value Area, representing the range of price action where 70% of trading took place. Understanding the Value Area can give traders valuable insight into market direction and establish the higher odds trade. It is an excellent addition to any system you may be using. Inspired by Jim Dalton’s book “Mind Over Markets”, this indicator is designed to suit the
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Introducing our latest innovation in MetaTrader 5 indicators, designed to dramatically improve your trading workflow with high functionality and ease-of-use. It features a robust collection of features designed to help you streamline chart analysis and make the most of your trading decisions. Here's a quick rundown of its incredible features: Fast Drawing of Objects : Save precious time with the quick draw feature. With just a click of a button, you can create various trading objects on your ch
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dak72
24
dak72 2023.12.04 13:29 
 

BAD BAD BAD!!!!!!! The worst indicator I have ever used. It doesn't work and they don't give you your money back! strongly not recommended

Mobin Zarekar
872
Respuesta del desarrollador Mobin Zarekar 2023.12.29 05:56
Dear dak72, Thank you for taking the time to share your feedback. I'm sorry to hear that the indicator did not meet your expectations. As the developer, I value all input from users, as it helps me improve the tool. I'd like to clarify a couple of points: 1. **Free Tool:** The indicator is offered for free on the MQL5 market. There is no charge associated with its use, so there is no process for a refund. This might be a misunderstanding, and I wanted to ensure there's clarity on this aspect. 2. **Performance Issues:** I'm concerned about your experience stating that the indicator does not work. If you could provide more specific details about the issues you encountered, I would be more than willing to look into them. Your insights could be invaluable in enhancing the indicator's functionality for all users. Lastly, I’m always open to suggestions for improvement. If there are specific features or enhancements you believe could improve the indicator, please feel free to share. Thank you once again for your feedback, and I hope we can resolve any issues to improve your experience.
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