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TSO Top Bottom Divergence

This indicator combines double bottom and double top reversal chart patterns together with RSI divergence detection.


Features

  • Easily detect strong reversal signals
  • Allows to use double top/bottom and RSI divergence signals combined or independently.
  • Get email and/or push notification alerts when a signal is detected.
  • Custom colors can be used
  • The indicator is not repainting
  • Can easily be used in an EA (see below)


Inputs

  • ENABLE Double Top - Bottom: Enable the double top - bottom indicator
  • ENABLE Show Double Top - Bottom Potential: Show Potential Double Top - Bottom before happens(repaint feature)
  • ENABLE Divergence: Enable the RSI divergence indicator
  • RSI Period: Set the period of the RSI
  • RSI Applied Price: The bar price to be used for RSI calculations
  • Relationship between Double Top-Bottom and RSI Divergence:
    • Combined: All Double Top - Bottom signals are shown but only the RSI Divergence Signals that correspond with Double Top - Bottom signals are shown. Both Double Top - Bottom and RSI Divergence indicators should be enabled.
    • Independent: Each indicator presents their signals independently
  • Number of Bars (Odd Number) [Affects only Divergence]: This is the number of bars that are required to detect a price high or low, including the top/bottom bar. For example, if set to 5, price HIGHs will be detected at bars which have a HIGH that is higher than the HIGH of the first two bars on their left and right. If RSI Divergence is used independently, it uses this mechanism to detect highs and lows. Otherwise, highs and lows are detected through the Double Top/Bottom indicator.
  • ENABLE Alert For Divergences: Get an alert when divergence is detected.
  • ENABLE Alert For Double Top - Bottom: Get an alert when double top/bottom is detected.
  • ENABLE Metatrader Alert: Get an alert on the MetaTrader platform.
  • ENABLE Email Alert: Get an alert to your email.
  • ENABLE Push Notification: Get a push notification on your mobile.


For EA Developers

  1. RSI value: Buffer = 0
  2. Divergence Signal: Buffer = 1
    • Buy=0
    • Sell=1
  3. First Bottom value: Buffer = 2
  4. Second Bottom value: Buffer = 3
  5. First Top value: Buffer =4
  6. Second Top value: Buffer =5
  7. Top/bottom Signal: Buffer=6
    • Buy=0
    • Sell=1
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Currency Strength Wizard est un indicateur très puissant qui vous offre une solution tout-en-un pour un trading réussi. L'indicateur calcule la puissance de telle ou telle paire de devises en utilisant les données de toutes les devises sur plusieurs périodes. Ces données sont représentées sous la forme d'un indice de devise facile à utiliser et de lignes électriques de devise que vous pouvez utiliser pour voir la puissance de telle ou telle devise. Tout ce dont vous avez besoin est d'attacher l'
TakePropips Donchian Trend Pro
Eric John Pajarillaga Aldana
4.53 (15)
TakePropips Donchian Trend Pro   (MT4) est un outil puissant et efficace qui détecte automatiquement la direction de la tendance à l'aide du canal Donchian et vous fournit des signaux de trading d'entrée et de sortie ! Cet indicateur multifonction comprend un scanner de tendance, des signaux de trading, un panneau statistique, un filtre, des sessions de trading et un tableau de bord de l'historique des alertes. Il est conçu pour vous fournir des signaux de trading et vous faire gagner des heures
Cycle Sniper
Elmira Memish
4.37 (35)
NEW YEAR SALE PRICE FOR LIMITED TIME!!! Please contact us after your purchase and we will send you the complimentary indicators to complete the system Cycle Sniper is not a holy grail but when you use it in a system which is explained in the videos, you will feel the difference. If you are not willing to focus on the charts designed with Cycle Sniper and other free tools we provide, we recommend not buying this indicator. We recommend watching the videos about the indiactor and system before pu
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TSO Stochastic RSI MT5
Dionisis Nikolopoulos
4.5 (2)
Stochastic RSI makes a stochastic calculation on the RSI indicator. The Relative Strength Index (RSI) is a well known momentum oscillator that measures the speed and change of price movements, developed by J. Welles Wilder. Features Find overbought and oversold situations. Sound alert when overbought/oversold level is reached. Get email and/or push notification alerts when a signal is detected. The indicator is non-repainting. Returns buffer values for %K and %D to be used as part of an EA. (s
FREE
TSO Stochastic RSI
Dionisis Nikolopoulos
4.33 (3)
Stochastic RSI makes a stochastic calculation on the RSI indicator. The Relative Strength Index (RSI) is a well known momentum oscillator that measures the speed and change of price movements, developed by J. Welles Wilder. Features Find overbought and oversold situations. Sound alert when overbought/oversold level is reached. Get email and/or push notification alerts when a signal is detected. The indicator is non-repainting. Returns buffer values for %K and %D to be used as part of an EA . (
FREE
TSO Moving Average Slope MT5
Dionisis Nikolopoulos
5 (3)
The Moving Average Slope (MAS) subtracts the moving average level n-periods ago from the current moving average level. This way, the trend of the moving average can be drawn on the moving average line. Features Observe uptrends and downtrends at a glance. The indicator is non-repainting. Returns buffer values for the trend of the moving average to be used as part of an EA. (see below) Inputs Moving Average Period : The period of the moving average (MA). Slope Period : Number of periods betwe
FREE
This indicator combines double bottom and double top reversal chart patterns together with RSI divergence detection. Features Easily detect strong reversal signals. Allows to use double top/bottom and RSI divergence signals combined or independently. Get email and/or push notification alerts when a signal is detected. Custom colors can be used. The indicator is not repainting. Can easily be used in an EA. (see below) Inputs ENABLE Double Top - Bottom: Enable the double top - bottom indicator
TSO Choppy Market Index
Dionisis Nikolopoulos
4.5 (2)
The Choppy Market Index (CMI) is an indicator of market volatility. The smaller the value of the indicator, the more unstable the market. It calculates the difference between the closing of the last bar and a bar n periods ago and then divides that value by the difference between the highest high and lowest low of these bars. Features Easily separate trends from the market noise The indicator is non-repainting. Returns CMI values through buffer. (see below) Inputs Period: The number of perio
FREE
Variable Index Dynamic Average (VIDYA) is an original method of calculating the Exponential Moving Average (EMA) with the dynamically changing period of averaging, developed by Tushar Chande. The length of period in VIDYA depends on market volatility as indicated by the Chande Momentum Oscillator (CMO). Typical Signals VIDYA generates buy and sell signals when the price crosses over and under the bands: When the price crosses over the upper band of VIDYA, this can be interpreted as a signal to
FREE
TSO Moving Average Slope
Dionisis Nikolopoulos
3.67 (3)
The Moving Average Slope (MAS) subtracts the moving average level n-periods ago from the current moving average level. This way, the trend of the moving average can be drawn on the moving average line. Features Observe uptrends and downtrends at a glance. The indicator is non-repainting. Returns buffer values for the trend of the moving average to be used as part of an EA. (see below) Inputs Moving Average Period : The period of the moving average (MA). Slope Period : Number of periods betwe
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The Adaptive Moving Average (AMA), created by Perry Kaufman, is a moving average variation designed to have low sensitivity to market noise and volatility combined with minimal lag for trend detection. These characteristics make it ideal for identifying the overall market trend, time turning points and filtering price movements. A detailed analysis of the calculations to determine the AMA can be found in MetaTrader 5 Help ( https://www.metatrader5.com/en/terminal/help/indicators/trend_indicators
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TSO Signal Builder
Dionisis Nikolopoulos
5 (1)
TSO Signal Builder is a MetaTrader 4 Expert Advisor that provides a solid platform to quickly build test and develop automated trading strategies based on indicator signals. Contains 29 indicators, including trend and volume indicators, oscillators as well as many indicators described by Bill Williams. Basic as well as advanced order management features. All indicators are configurable and can be combined to create strategies with different entry and exit signals as well as reverse orders. Mad
TSO Loss Management Lite
Dionisis Nikolopoulos
TSO Loss Management Lite contains all the features of TSO Loss Management except from the Swings mechanism and the other mechanisms based on Swings. Adapts to diverse market conditions and micromanages each trade opened so that the loses are covered as fast as possible but also with minimum risk. It uses all the tools of the TSO Signal Builder EA - almost infinite entry/exit strategies. Add negative management to any strategy (manual or automated) to eliminate losing trades. No pending orders ar
TSO Loss Management
Dionisis Nikolopoulos
TSO Loss Management is an Expert Advisor that incorporates advanced mechanics to eliminate losses from losing trades. Adapts to diverse market conditions and micromanages each position to cover losses as fast as possible and with minimum risk. It uses all the tools of the TSO Signal Builder EA - almost infinite entry/exit strategies. Add negative management to any strategy (manual or automated) to eliminate losing trades. No pending orders placed. Any account size - $1,000+ is recommended. Allow
TSO Order Recovery
Dionisis Nikolopoulos
TSO Order Recovery is an expert advisor that provides a known and tested method of covering losses from open positions through hedging. It uses all the tools of the TSO Signal Builder EA - almost infinite entry/exit strategies Add negative management to any strategy (manual or automated) to eliminate losing trades No pending orders are placed Any account size - a minimum of $1,000 is recommended Works on any currency pair Allows for a lot of customization (a default strategy is included for demo
TSO Total Negative Management
Dionisis Nikolopoulos
1 (1)
The TSO Total Negative Management EA contains an adaptive negative management system that can prevent losing trades and even account collapse in almost any market condition. Adapts to adverse market conditions and switches to the correct negative management strategy for any situation. TSO Signal Builder , TSO Order Recovery and TSO Loss Management are included and can be used in combination or individually. Apply negative management to any strategy (manual or automated). No pending orders placed
A must-have tool for any strategy based on divergence detection. 10 different oscillators can be used to detect divergences and can be combined with Double Top/Bottom patterns to confirm reversal signals. SCANNER is included . Now with Scanner you can find trading opportunities and setups easily and faster. Features Easily detect strong reversal signals. 10 different oscillators are available for divergence detection. Divergence & Top/Bottom detection can operate independently or combined. Get
The TSO Currency Trend Aggregator is an indicator that compares a selected currency's performance in 7 different pairs. Instantly compare how a currency is performing in 7 different pairs. Easily get confirmation of a currency's strength Combine the indicator for both currencies of a pair to get the total view of how strong/weak each currency is. The trend is classified as positive (green), negative (red) or neutral (grey). Can easily be used in an EA (see below) Currencies EUR USD GBP JPY AUD
TSO Fibonacci Chains
Dionisis Nikolopoulos
5 (1)
Fibonacci retracement is a method of technical analysis for determining support and resistance levels. The TSO Fibonacci Chains Indicator is different from a simple Fibonacci Retracements indicator in that it provides the targets for each retracement level. In other words, there is an Extension Level (D) for every Retracement Level (C). In addition, if an Extension Level is reached, then a new Fibonacci setup is created automatically. These consecutive Fibonacci setups create a chain that reveal
A visually-simplified version of the RSI. The Relative Strength Index (RSI) is a well known momentum oscillator that measures the speed and change of price movements, developed by J. Welles Wilder. Color-coded bars are used to quickly read the RSI value and history. Features Find overbought and oversold situations at a glance. The indicator is non-repainting. The indicator can be easily used as part of an EA. (see below) Basic Strategy Look for shorts when the indicator is overbought. Look f
TSO Top Bottom Divergence MACD
Dionisis Nikolopoulos
5 (1)
This indicator combines double bottom and double top reversal chart patterns together with detection of divergences between the price chart and the MACD oscillator. Features Easily detect strong reversal signals Allows to use double top/bottom and MACD divergence signals combined or independently Get email and/or push notification alerts when a signal is detected Custom colors can be used The indicator is not repainting Can easily be used in an EA (see below) Inputs ENABLE Double Top - Botto
This indicator combines double bottom and double top reversal chart patterns together with detection of divergences between the price chart and the Momentum oscillator. Features Easily detect strong reversal signals Allows to use double top/bottom and Momentum divergence signals combined or independently Get email and/or push notification alerts when a signal is detected Custom colors can be used The indicator is not repainting Can easily be used in an EA (see below) Inputs ENABLE Double Top
The Moving Average Slope (MAS) is calculated by detecting the moving average level n-periods ago and comparing it with the current moving average level. This way, the trend of the moving average can be drawn on the moving average line. This indicator allows to compare the slopes of two moving averages (fast and slow) to cancel out noise and provide better quality entry and exit signals SCANNER is included . Now with Scanner you can find trading opportunities and setups easily and faster. Featu
TSO Bollinger Bandit Strategy is an indicator based on the Bollinger Bandit Trading Strategy as presented in the book Building Winning Trading Systems with TradeStation by G. Pruitt and J. R. Hill. SCANNER is included . Now with Scanner you can find trading opportunities and setups easily and faster. Features A complete entry and exit strategy for trending markets. Get email / push notifications when an entry signal occurs. The indicator is not repainting. Can easily be used in an EA. (see For
TSO Price Channel
Dionisis Nikolopoulos
TSO Price Channel is complete trading strategy focused on creating profit from market volatility. The system takes advantage of the intrinsic tendency of the market to reach its periodic maximum and minimum levels. By allowing the use of multiple instruments, the exposure of the system to any single instrument is reduced. Complete strategy including fully integrated positive and negative management. Works on any instrument. No pending orders placed. Any account size - $1,000+ is recommended. B
TSO Thermostat Strategy is an indicator that can adapt to the current market conditions by switching from a trend-following mode to a short-term swing mode, thus providing the best possible entry/exit signals in any situation. It is based on the  Thermostat Trading Strategy  as presented in the book  Building Winning Trading Systems with TradeStation by G. Pruitt and J. R. Hill.   Strategy The Thermostat Strategy uses different entry and exit conditions based on the current situation of the mark
A visually-simplified version of the RSI. The Relative Strength Index (RSI) is a well known momentum oscillator that measures the speed and change of price movements, developed by J. Welles Wilder. Color-coded bars are used to quickly read the RSI value and history. Features Find overbought and oversold situations at a glance. The indicator is non-repainting. The indicator can be easily used as part of an EA. (see below) Basic Strategy Look for shorts when the indicator is overbought. Look f
Fibonacci retracement is a method of technical analysis for determining support and resistance levels. The TSO Fibonacci Chains Indicator is different from a simple Fibonacci Retracements indicator in that it provides the targets for each retracement level. In other words, there is an Extension Level (D) for every Retracement Level (C). In addition, if an Extension Level is reached, then a new Fibonacci setup is created automatically. These consecutive Fibonacci setups create a chain that reveal
The TSO Currency Trend Aggregator is an indicator that compares a selected currency's performance in 7 different pairs. Instantly compare how a currency is performing in 7 different pairs. Easily get confirmation of a currency's strength Combine the indicator for both currencies of a pair to get the total view of how strong/weak each currency is. The trend is classified as positive (green), negative (red) or neutral (grey). Can easily be used in an EA (see below) Currencies EUR USD GBP JPY AUD
TSO Signal Builder MT5
Dionisis Nikolopoulos
TSO Signal Builder MT5 is a MetaTrader 5 Expert Advisor that provides a solid platform to quickly build test and develop automated trading strategies based on indicator signals. Contains 29 indicators, including trend and volume indicators, oscillators as well as many indicators described by Bill Williams. Basic as well as advanced order management features. All indicators are configurable and can be combined to create strategies with different entry and exit signals as well as reverse orders.
TSO Order Recovery MT5
Dionisis Nikolopoulos
TSO Order Recovery is an expert advisor that provides a known and tested method of covering losses from open positions through hedging. It uses all the tools of the TSO Signal Builder EA - almost infinite entry/exit strategies Add negative management to any strategy (manual or automated) to eliminate losing trades No pending orders are placed Any account size - a minimum of $1,000 is recommended Works on any currency pair Allows for a lot of customization (a default strategy is included for demo
TSO Loss Management Lite contains all the features of TSO Loss Management except from the Swings mechanism and the other mechanisms based on Swings. Adapts to diverse market conditions and micromanages each trade opened so that the loses are covered as fast as possible but also with minimum risk. It uses all the tools of the TSO Signal Builder EA - almost infinite entry/exit strategies. Add negative management to any strategy (manual or automated) to eliminate losing trades. No pending orders ar
TSO Loss Management MT5
Dionisis Nikolopoulos
TSO Loss Management is an Expert Advisor that incorporates advanced mechanics to eliminate losses from losing trades. Adapts to diverse market conditions and micromanages each position to cover losses as fast as possible and with minimum risk It uses all the tools of the TSO Signal Builder EA - almost infinite entry/exit strategies Add negative management to any strategy (manual or automated) to eliminate losing trades No pending orders placed Any account size - $1,000+ is recommended Allows for
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Version 1.32 2019.05.13
- fix minor issues
Version 1.31 2019.04.23
- New feature for showing potential double top/bottom before happens
- Adding alert for double top/bottom
Version 1.20 2017.10.26
- Code optimization
- Minor bug fixes
Version 1.1 2017.10.13
- Added support for signal notifications through email and push notifications on mobile devices.