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Diver Momentum

Divergence Formation Momentum (hereinafter "Diver")

Classic (regular) and Reversal ("hidden") Divers - at your choice:

  • Adjustable sizes and all parameters
  • Flexible settings including VOID levels (alert function in place, arrows to show in which direction to trade)
  • No re-paint / No re-draw (must set CalcOnOpenBar=false)
  • "SetIndexBuffer" available for all variables (can be used in EA)
  • Auto-detect 4- and 5-digit price function
  • Light (does not over-load MT4)

In order for Regular Classic Momentum Divergence to exist, Price must form one of the following:

  • BEARISH Diver: Higher high than the previous high (but the oscillator is lower high)
  • BULLISH Diver: Lower low than the previous low (but the oscillator is higher low)

As a rule, the occurrence of divergence means the completion of the movement (the weakening strength of the trend) and the possibility of strong correction or complete turn of the market. The higher the chart timeframe, the stronger the signal.

Second type of Momentum Divergence is Reversal ("hidden"). It indicated continuation of the trend and can be detected when Price forms one of the following:

  • BEARISH Diver: Lower high than the previous high (but the oscillator is higher high)
  • BULLISH Diver: Higher low than the previous low (but the oscillator is lower low)

It should be noted that Reversal (or Hidden) Momentum divergence is relatively rare, but reliability of the signal is quite good.


Indicator Parameters:

  • CalcOnOpenBar - if true: to include open bar for detecting Diver
  • DrawStandardDiv - if true: enable regular Divers
  • DrawReversalDiv - if true: enable hidden Divers
  • Mom_Period - Momentum indicator parameter
  • BullishDiv_ResetAbove - cancels Bullish Diver if the indicator crosses this level
  • BearishDiv_ResetBelow - cancels Bearish Diver if the indicator crosses this level

Diver parameters:

  • MaxBars - number of bars to draw Divers on the chart (reduces MT4 load)
  • DivWidth_MinBars - minimum horizontal distance between 2 extremums
  • DivWidth_MaxBars - maximum horizontal distance between 2 extremums
  • DivHeight_MinPips - minimum vertical distance between 2 extremums
  • DivHeight_MaxPips - maximum vertical distance between 2 extremums

Diver extremums:

  • Chart_LeftTop_BarsL - number of bars to form price left extremum (left side of price fractal)
  • Chart_LeftTop_BarsR - number of bars to form price left extremum (right side of price fractal)
  • Chart_RightTop_BarsL - number of bars to form price right extremum (left side of price fractal)
  • Chart_RightTop_BarsR - number of bars to form price right extremum (right side of price fractal)
  • Ind_LeftTop_BarsL - number of bars to form indicator left extremum (left side of indicator fractal)
  • Ind_LeftTop_BarsR - number of bars to form indicator left extremum (right side of indicator fractal)
  • Ind_RightTop_BarsL - number of bars to form indicator right extremum (left side of indicator fractal)
  • Ind_RightTop_BarsR - number of bars to form indicator right extremum (right side of indicator fractal)
  • LeftTops_MaxBarsDiff - additional space (in bars) for price and indicator to form left extremum
  • RightTops_MaxBarsDiff - additional space (in bars) for price and indicator to form right extremum
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️️ Attention:      The price will soon be raised to what it was before ($500).      No more losses with this indicator, test it for years ago and see if there is losses in one day results. but before testing it please see the explaining video down here.    FxBears Powers is working on all forex pairs, metals, commodities, futures, indices, energies, crypto, and everything...and on all timeframes from M1 to MN.   It's based on supply and demand zones, price action, and some internal indicators,
ON Trade Optuma Astro
Abdullah Alrai
5 (4)
Indicatori
Presentazione dell'Indicatore Astronomico per MT4: Il tuo compagno di trading celeste definitivo Sei pronto a elevare la tua esperienza di trading a livelli celesti? Non cercare oltre, il nostro rivoluzionario Indicatore Astronomico per MT4 è qui. Questo strumento innovativo va oltre gli indicatori di trading tradizionali, sfruttando algoritmi complessi per offrirti intuizioni astronomiche senza pari e calcoli di precisione. Un universo di informazioni a portata di mano: Ammira un pannello compl
Gold Channel XAUUSD
Paulo Rocha
5 (2)
Indicatori
Gold Channel is a volatility-based indicator, developed with a specific timing algorithm for the XAUUSD pair, which consists of finding possible corrections in the market. This indicator shows two outer lines, an inner line (retracement line) and an arrow sign, where the theory of the channel is to help identify overbought and oversold conditions in the market. The market price will generally fall between the boundaries of the channel. If prices touch or move outside the channel it is a tra
System Trend Pro
Aleksandr Makarov
Indicatori
System Trend Pro - This is the best trend trading indicator!!! The indicator no repaint!!!   The indicator has   MTF   mode, which adds confidence to trading on the trend (   no repaint   ). How to trade? Everything is very simple, we wait for the first signal (big arrow), then wait for the second signal (small arrow) and enter the market in the direction of the arrow. (See screens 1 and 2.) Exit on the opposite signal or take 20-30 pips, close half of it, and keep the rest until the oppo
Smart Order Block Indicator
Aditya Jayswal
5 (5)
Indicatori
Please send me Direct message on MQL5 CHAT after purchasing the Indicator for Training and Installation Support There are some additional files that is important to use with the Indicator . So be sure to contact me after purchasing the Indicator So that I can add you for training and support . If you find any difficulty with installation then send me Direct message here So that I can connect with you via Anydesk or Teamview for the product installation. " Smart Order Block Indicator " to find
ZigZag on Trend
Vitalyi Belyh
Indicatori
L'indicatore " ZigZag on Trend " è un assistente nel determinare la direzione del movimento dei prezzi, nonché un calcolatore di barre e pip. È costituito da un indicatore di trend che monitora la direzione del prezzo con una linea di trend presentata sotto forma di zigzag e da un contatore che calcola il numero di barre passate nella direzione del trend e il numero di punti su una scala verticale. (I calcoli vengono effettuati dall'apertura della barra) L'indicatore non viene ridisegnato. Per c
ECM Channel MT4
Paulo Rocha
5 (1)
Indicatori
ECM Elite Channel is a volatility-based indicator, developed with a specific time algorithm, which consists of finding possible corrections in the market. This indicator shows two outer lines, an inner line (retracement line) and an arrow sign, where the channel theory is to help identify overbought and oversold conditions in the market. The market price will generally fall between the boundaries of the channel. If prices touch or move outside the channel, it's a trading opportunity. The
Fractal Pattern Scanner MT4
Young Ho Seo
5 (2)
Indicatori
Introduction to Fractal Pattern Scanner Fractal Indicator refers to the technical indicator that makes use of the fractal geometry found in the financial market. Fractal Pattern Scanner is the advanced Fractal Indicator that brings the latest trading technology after the extensive research and development work in the fractal geometry in the financial market. The most important feature in Fractal Pattern Scanner is the ability to measure the turning point probability as well as the trend probabi
Pair Trading Station MT4
Young Ho Seo
3.67 (3)
Indicatori
How to use Pair Trading Station Pair Trading Station is recommended for H1 time frame and you can use it for any currency pairs. To generate buy and sell signal, follow few steps below to apply Pair Trading Station to your MetaTrader terminal. When you load Pair Trading Station on your chart, Pair Trading station will assess available historical data in your MetaTrader platforms for each currency pair. On your chart, the amount of historical data available will be displayed for each currency pai
XQ Indicator MetaTrader 4
Marzena Maria Szmit
3.67 (3)
Indicatori
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
TTM Squeeze indicator for MT4
Renaud Herve Francois Candel
Indicatori
TTM Squeeze Indicator TTM Squeeze is an indicator to time entries based on volatility. TMM Squeeze might well be one of the best and most overlooked indicator. It was created by famous trader John Carter and is also used by many traders like Nathan Bear. Why is the TTM Squeeze indicator important? Because in trading correct timing entries might be more important than picking the right direction.   This is a concept that is not very well understood in the trading community. Most trader think
Gann Signal
Kirill Borovskii
Indicatori
Gann Signal is a very simple indicator at first glance, but hidden inside is many years of experience in studying W.D.Ganna methods. The indicator gives accurate BUY/SELL signals, without redrawing. The indicator is very easy to use. All you need to do is attach it to your chart and follow its recommendations. The indicator constantly analyzes the market for entry opportunities. When such an opportunity appears, the indicator gives a signal in the form of an arrow. I repeat, all signals are NOT
Altri dall’autore
Diver MACD
Oleksandr Medviediev
Indicatori
Divergence Formation MACD (hereinafter "Diver") Classic (regular) and Reversal (hidden) Divergences - at your choice: Adjustable sizes and all parameters Flexible settings including VOID levels (alert function in place, arrows to show in which direction to trade) No re-paint / No re-draw (set CalcOnOpenBar =false) SetIndexBuffer available for all variables (can be used in EA) Auto-detect 4- and 5-digit price function Light (does not over-load MT4) In order for Regular Classic MACD Divergence to
Diver GDP
Oleksandr Medviediev
Indicatori
Divergence Formation GDP (Gaussian or Normal Distribution of Probability) hereinafter "Diver" - is used for Fisher transform function to be applied to financial data, as result market turning points are sharply peaked and easily identified. Classic (regular) and Reversal (hidden) Divergences - at your choice. Adjustable sizes and all parameters Flexible settings including VOID levels (alert function in place, arrows to show in which direction to trade) No re-paint / No re-draw (must set CalcOnOp
Diver RSI
Oleksandr Medviediev
3 (2)
Indicatori
Divergence Formation RSI (hereinafter "Diver") Classic (regular) and Reversal (hidden) Divers - at your choice: Adjustable sizes and all parameters Flexible settings including VOID levels (alert function in place, arrows to show in which direction to trade) No re-paint / No re-draw (must set CalcOnOpenBar =false) SetIndexBuffer available for all variables (can be used in EA) Auto-detect 4- and 5-digit price function Light (does not over-load MT4) In order for Regular Classic RSI Divergence to ex
Is 3 SMA Spread
Oleksandr Medviediev
Indicatori
3-SMA-Spread - cross-instrument stat.arb (Statistical Arbitrage) Indicator of market Spread of 3 (three) different instruments via building visual  iChannel  (see below formula) that is changing its Width proportionally to the input from each instrument ("Statistical Arbitrage" based on SMA ). Core principle: Price lines following the prices of "their" symbols after each discrepancy are constantly tending to return to the total of "synthetic" central.  In other words, a system of 3 "related" ins
Is 3 Hull Spread
Oleksandr Medviediev
5 (1)
Indicatori
3-Hull-Spread - professional cross-instrument stat.arb (Statistical Arbitrage) Indicator of the SPREAD of 3 (three) different instruments via building visual iChannel (see the equation below) that is changing its Width proportionally to the input from each instrument ("Statistical Arbitrage" based on Hull MA =HMA). Core principle: price lines following the prices of "their" symbols after each discrepancy, constantly tending to return to the total of "synthetic" central. In other words, a system
Diver Hurst
Oleksandr Medviediev
Indicatori
Divergence Formation Hurst (hereinafter "Diver") is based on Hurst exponent used as a measurement of long term memory of time series. Classic (regular) and Reversal (hidden) Divergences - at your choice. Adjustable sizes and all parameters Flexible settings including VOID levels (alert function in place, arrows to show in which direction to trade) No re-paint / No re-draw (must set CalcOnOpenBar =false) "SetIndexBuffer" available for all variables (can be used in EA) Auto-detect 4- and 5-digit p
Diver BBands
Oleksandr Medviediev
Indicatori
Divergence Formation BBands (hereinafter "Diver") is based on Bollinger Bands Technical Indicator (BB). Classic (regular) and Reversal (hidden) Divergences - at your choice. Adjustable sizes and all parameters Flexible settings including VOID levels (alert function in place, arrows to show in which direction to trade) No re-paint / No re-draw (must set CalcOnOpenBar =false) "SetIndexBuffer" available for all variables (can be used in EA) Auto-detect 4- and 5-digit price function Lite (does not
Diver OBV
Oleksandr Medviediev
Indicatori
OBV   Divergence Formation  (hereinafter "Diver") is based on On Balance Volume  technical indicator (OBV) that is a momentum indicator that relates volume to price change. Classic (regular) and Reversal (hidden) Divergences - at your choice. Adjustable sizes and all parameters Flexible settings including VOID levels (additional alert function, arrows on price-chart show in which direction to trade) No re-paint / No re-draw (set  CalcOnOpenBar =false) "SetIndexBuffer"  available for all variable
Gartley Projection D
Oleksandr Medviediev
3.71 (7)
Indicatori
The indicator identifies the harmonic patterns (XABCD) according to developments of H.M.Gartley ( "Profits in the Stock Market" , 1935г). It projects D-point as a point in the perspective projection (specify ProjectionD_Mode = true in the settings). Does not redraw. When a bar of the working timeframe closes, if the identified pattern point has not moved during Patterns_Fractal_Bars bars, an arrow appears on the chart (in the direction of the expected price movement). From this moment on, the ar
Gartley Projections D
Oleksandr Medviediev
3 (2)
Indicatori
The indicator identifies the harmonic patterns (XABCD) according to developments of H.M.Gartley ( "Profits in the Stock Market" , 1935г). It projects D-point as a point in the perspective projection (specify ProjectionD_Mode = true in the settings). Does not redraw. When a bar of the working timeframe closes, if the identified pattern point has not moved during Patterns_Fractal_Bars bars, an arrow appears on the chart (in the direction of the expected price movement). From this moment on, the ar
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Versione 5.53 2021.12.16
Recompiled in recent MT4 build.