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FXC iMACD DivergencE MT5

FXC iMACD-DivergencE MT5 Indicator

This is an advanced MACD indicator that finds trend-turn divergences on the current symbol. The indicator detects divergence between the MACD and the price movements as a strong trend-turn pattern.

Main features:

  • Advanced divergence settings
  • Price based on Close, Open or High/Low prices
  • Give Buy/Sell open signals
  • PUSH notifications
  • E-mail sending
  • Pop-up alert
  • Customizeable Information panel
Input parameters:
  • MACD Fast-EMA: The Fast-EMA variable of the MACD indicator.
  • MACD Slow-EMA: The Slow-EMA variable of the MACD indicator.
  • MACD SMA: The SMA variable of the MACD indicator.
  • Symbol Applied Price: Applied price of the current symbol. It can be: Close, Open, Low(Buy)/High(Sell).
  • Minimum A-B Price Movement (pip): Determines the minimum price movements between the A' and B' points of the divergence.
  • Minimum A-B MACD Movement (point): Determines the minimum MACD value movements between the A' and B' points of the divergence.
  • Minimum Bars Between A-B (bars): The number of minimum bars allowed between the A' and B' points.
  • Maximum Bars Between A-B (bars): The number of maximum bars allowed between the A' and B' points.
  • Buy Maximum A' MACD (OFF: 1): The maximum  MACD value of the A' point of the Buy divergence.
  • Sell Minimum A' MACD (OFF: 0): The minimum MACD value of the A' point of the Sell divergence.
  • Buy Highest MACD Between A-B (OFF: 1): The highest MACD value allowed between A' and B' points for Buy divergence.
  • Sell Lowest MACD Between A-B (OFF: 0): The minimum lowest MACD value allowed between A' and B' points for Sell divergence.
  • MACD-Divergence Lines (ON): Draws divergence lines to the indicator window at signals.
  • Price-Divergence Lines (ON): Draws divergence lines to the price chart at signals.
  • Signal Arrow (ON): Draws arrows to the chart at signals.
  • PUSH Notification (ON): Sends PUSH notifications at signals.
  • Pop-up Window Alert (ON): Sends pop-up alerts at signals.
  • E-mail Sending (ON): Sends e-mails at signals.
  • Infopanel (ON): Switch Turns the information panel on or off.
  • Infopanel Color-1: Color-1 of the information panel.
  • Infopanel Color-2: Color-2 of the information panel.
  • Infopanel Color-3: Color-3 of the information panel.
  • Infopanel Background (ON): Turns the background of the information panel on or off.
  • Infopanel Background Color: Sets the background color of the information panel.
  • Divergence Price-Line Buy-Color: Divergence Price-Line color of the Buy signs.
  • Divergence Price-Line Sell-Color: Divergence Price-Line color of the Sell signs.
  • Divergence Price-Line Width: Width of the Price-Line.
  • Divergence Price-Line Style: Style of the Price-Line.
  • Divergence MACD-Line Buy-Color: Divergence MACD-Line color of the Buy signs.
  • Divergence MACD-Line Sell-Color: Divergence MACD-Line color of the Sell signs.
  • Divergence MACD-Line Width: Width of the MACD-Line.
  • Divergence MACD-Line Style: Style of the MACD-Line.
  • Arrow Color Buy: Arrows color for Buy signals.
  • Arrow Color Sell: Arrows color for Sell signals. 
  • Arrow Size: Size of the Arrows.
  • Arrow Shift Buy (Low + X pip): With this parameter, you can shift the price of the Buy arrows relative to the Low price. 
  • Arrow Shift Sell (High + X pip): With this parameter, you can shift the price of the Sell arrows relative to the High price.
  • Drawback (bars): Number of bars drawn divergence signs back in the past.
Information Panel:
  • Price Applied: Applied price of the current symbol.
  • MACD Settings: Settings of the MACD indicator.
  • MACD Value[0,1]: MACD values at the last two bars.
  • Last Divergence: Shows the time of the last divergence sign. The B' or S' represents the direction: Buy or Sell.
  • Indicator(1): Shows the name of the indicator. The number in the parentheses represents the subwindow of the indicator.

Buttons:

  • There are three little buttons at the right-upper corner of the information panel.
  • RED button: It removes the indicator from the chart.
  • WHITE button: Do nothing.
  • GREEN button: It turns on or off the information panel.




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Auto Order Block with break of structure based on ICT and Smart Money Concepts (SMC) Futures Break of Structure ( BoS )             Order block ( OB )            Higher time frame Order block / Point of Interest ( POI )    shown on current chart           Fair value Gap ( FVG ) / Imbalance   -  MTF      ( Multi Time Frame )    HH/LL/HL/LH  -  MTF      ( Multi Time Frame )  Choch  MTF      ( Multi Time Frame )  Volume Imbalance     ,  MTF          vIMB Gap’s Power of 3 Equal High / Low’s  
ICT, SMC, SMART MONEY CONCEPTS, SMART MONEY, Smart Money Concept, Support and Resistance, Trend Analysis, Price Action, Market Structure, Order Blocks, BOS/CHoCH,   Breaker Blocks ,  Momentum Shift,   Supply&Demand Zone/Order Blocks , Strong Imbalance,   HH/LL/HL/LH,    Fair Value Gap, FVG,  Premium  &   Discount   Zones, Fibonacci Retracement, OTE, Buy Side Liquidity, Sell Side Liquidity, BSL/SSL Taken, Equal Highs & Lows, MTF Dashboard, Multiple Time Frame, BigBar, HTF OB, HTF Market Structure
Timeframes Trend Scanner   is a trend analyzer or trend screener indicator that helps you know the trend in   all timeframes of selected symbol you are watching . This indicator provides clear & detailed analysis results on a beautiful dashboard, let you able to use this result right away without need to do any additional analysis. How it works Step 1: Calculate values of 23 selected & trusted technical indicators (Oscillator & Moving Average indicators) Step 2: Analyze all indicators using bes
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Version 1.1 2023.01.16
Smaller stylistic corrections were made.