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Bullish CD LBT Osc

Information is a subject of the market mood. Information is objective when it comes from different sources. If information is identical then we may speak about its convergence. Otherwise, we may speak about its conflict (divergence). Indicators and oscillators are the sources of information of the technical analysis.

Bullish CD LBT Osc (Bullish Convergence/Divergence Low Bottom Top Oscillator) is a universal analytical bulls convergence/divergence indicator between any of the twenty three standard indicators included in МT4 package. The indicator is the first out of the two possible versions (LBT and LTB) of the bullish convergence/divergence origins.

Due to its multiple use feature, the indicator allows you to find convergences/divergences between various standard indicators simultaneously.

Users can select the sell graphical symbol and its width, as well as the color of convergence/divergence lines.

The indicator is not a lagging one. It works by ticks and is able to show convergence/divergence in the symbol's window even if there is no a separate window with a conventional indicator used for search. This allows you to open additional windows with any other indicators for a joint analysis.

As an option, the indicator can notify of a new signal using the graphical buy symbol instead of convergence/divergence lines.

In most cases, convergence/divergence is considered to be confirmed if it takes the form of a line with a graphical symbol remaining on the chart.

Attention: Since the indicator is downloaded, graphical symbols are displayed in the main window only after a new convergence/divergence signal appears (unlike convergence/divergence lines). Graphical symbols are not displayed for the past periods (before the indicator was downloaded).

If convergence/divergence lines are absent in the main window after launching the indicator, keep switching timeframes, till they are detected. Absence of lines indicates the absence of convergence/divergence on the current timeframe. If the lines are present only in the main window, but not in the additional one, you should recheck the type and the specified parameters of the basic indicator, for which you want to find convergence/divergence.

The indicator's operation is displayed in the attached video.

The indicator can notify of the appearance of a formed signal by playing an audio signal, as well as display the time remaining until the end of the formation of the current bar in the format of <d:h:m:s, where:

  • < - the current bar.
  • d - days.
  • h - hours.
  • m - minutes.
  • s - seconds.

Sample e-mail notification:

  • Subject: Bullish CD LBT Signal
  • Message: Signal,M30 - Bullish Convergence between EURUSD and A/D - 2014.08.06 10:18:00


    Purpose

    The indicator can be used for manual or automated trading within an Expert Advisor. For automated trading, use the indicator buffer of the double type:

    1. Buy signal - buffer 0, must not be zero.

    Input Parameters

    1. Bars_Number - number of bars for calculation.
    2. CodeIndicator_1 - code of the first basic indicator:
      • 0 - AD (an indicator of accumulation and distribution of volume) - (default).
      • 1 - OBV (On Balance Volume).
      • 2 - Volume (tick volume indicator).
      • 3 - Force (Force Index indicator).
      • 4 - %R (Bill Williams oscillator).
      • 5 - ATR (Average True Range).
      • 6 - CCI (Commodity Channel Index).
      • 7 - DeMarker (DeMarker indicator).
      • 8 - BW MFI (Market Facilitation Index).
      • 9 - MFI (Money Flow Index).
      • 10 - Momentum (Momentum indicator).
      • 11 - RSI (Relative Strength Index).
      • 12 - RVI (Relative Vigor Index).
      • 13 - Standard Deviation.
      • 14 - Stochastic.
      • 15 - ADX (Average Directional Movement indicator).
      • 16 - AC (indicator of acceleration).
      • 17 - AO (Williams' oscillator).
      • 18 - Gator (Bill Williams' Alligator).
      • 19 - MACD (moving average convergence/divergence).
      • 20 - OsMA (moving average of oscillator).
      • 21 - BearsPower.
      • 22 - BullsPower.
    3. CodeIndicator_2 - code of the second basic indicator:
      • 0 - AD (an indicator of accumulation and distribution of volume) - (default).
      • 1 - OBV (On Balance Volume).
      • 2 - Volume (tick volume indicator).
      • 3 - Force (Force Index indicator).
      • 4 - %R (Bill Williams oscillator).
      • 5 - ATR (Average True Range).
      • 6 - CCI (Commodity Channel Index).
      • 7 - DeMarker (DeMarker indicator).
      • 8 - BW MFI (Market Facilitation Index).
      • 9 - MFI (Money Flow Index).
      • 10 - Momentum (Momentum indicator).
      • 11 - RSI (Relative Strength Index).
      • 12 - RVI (Relative Vigor Index).
      • 13 - Standard Deviation.
      • 14 - Stochastic.
      • 15 - ADX (Average Directional Movement indicator).
      • 16 - AC (indicator of acceleration).
      • 17 - AO (Williams' oscillator).
      • 18 - Gator (Bill Williams' Alligator).
      • 19 - MACD (moving average convergence/divergence).
      • 20 - OsMA (moving average of oscillator).
      • 21 - BearsPower.
      • 22 - BullsPower.
    4. Periods_1 - calculation period of the first basic indicator.
    5. Periods_2 - calculation period of the second basic indicator.
    6. FastMA_1 - fast Moving Average calculation period for the first basic MACD or OsMA.
    7. SlowMA_1 - slow Moving Average calculation period for the first basic MACD or OsMA.
    8. SignalMA_1 - calculation period of the first basic MACD or OsMA indicator's signal line.
    9. FastMA_2 - fast Moving Average calculation period for the second basic MACD or OsMA.
    10. SlowMA_2 - slow Moving Average calculation period for the second basic MACD or OsMA.
    11. SignalMA_2 - calculation period of the second basic MACD or OsMA indicator's signal line.
    12. KPeriod_1 - К period of the first basic Stochastic.
    13. DPeriod_1 - D period of the first basic Stochastic.
    14. Slowing_1 - Slowing period of the fist basic Stochastic.
    15. Stoch_Price_1 - basic Stochastic's price type of the first indicator:
      • Low/High (by default).
      • Close/Close.
    16. Price_Field_1 - Stochastic averaging type of the first indicator:
      • Simple.
      • Exponential (by default).
      • Smoothed.
      • Linear weighted.
    17. KPeriod_2 - К period of the second basic Stochastic.
    18. DPeriod_2 - D period of the second basic Stochastic.
    19. Slowing_2 - Slowing period of the second basic Stochastic.
    20. Stoch_Price_2 - basic Stochastic's price type of the second indicator:
      • Low/High (by default).
      • Close/Close.
    21. Price_Field_2 - Stochastic averaging type of the second indicator:
      • Simple.
      • Exponential (by default).
      • Smoothed.
      • Linear weighted.
    22. Jaw_Period_1 - blue line (Alligator's Jaws) averaging period of the the first basic indicator.
    23. Jaw_Shift_1 - the first basic indicator's blue line shift relative to the price chart.
    24. Teeth_Period_1 - red line (Alligator's Teeth) averaging period of the first basic indicator.
    25. Teeth_Shift_1 - the first basic indicator's red line shift relative to the price chart.
    26. Lips_Period_1 - green line (Alligator's Lips) averaging period of the first basic indicator.
    27. Lips_Shift_1 - the first basic indicator's green line shift relative to the price chart.
    28. Jaw_Period_2 - blue line (Alligator's Jaws) averaging period of the the second basic indicator.
    29. Jaw_Shift_2 - the second basic indicator's blue line shift relative to the price chart.
    30. Teeth_Period_2 - red line (Alligator's Teeth) averaging period of the second basic indicator.
    31. Teeth_Shift_2 - the second basic indicator's red line shift relative to the price chart.
    32. Lips_Period_2 - green line (Alligator's Lips) averaging period of the second basic indicator.
    33. Lips_Shift_2 - the second basic indicator's green line shift relative to the price chart.
    34. Applied_Price_1 - the price of the first indicator used:
      • Close price (by default).
      • Open price.
      • High price.
      • Low price.
      • Median price.
      • Typical price.
      • Weighted price.
    35. MA_Method_1 - method of averaging for the first indicator:
      • Simple.
      • Exponential (by default).
      • Smoothed.
      • Linear weighted.
    36. Mode_1 - the index of the line (MAIN - 0 (by default) or SIGNAL - 1) of the first basic indicator, based on which ADX, RVI, Stochastic, Gator or MACD are calculated.
    37. Applied_Price_2 - the price of the second indicator used:
      • Close price (by default).
      • Open price.
      • High price.
      • Low price.
      • Median price.
      • Typical price.
      • Weighted price.
    38. MA_Method_2 - method of averaging for the second indicator:
      • Simple.
      • Exponential (by default).
      • Smoothed.
      • Linear weighted.
    39. Mode_2 - the index of the line (MAIN - 0 (by default) or SIGNAL - 1) of the second basic indicator, based on which ADX, RVI, Stochastic, Gator or MACD are calculated.
    40. Arrow_Symbol - graphical sell symbol type (recognizes one of the eight user-defined symbols, see the screenshot):
      • 67
      • 71
      • 159
      • 217
      • 221
      • 225 (by default)
      • 233
      • 241
    41. Arrow_Width - graphical symbol width (allowable values - 1, 2, 3, 4 and 5).
    42. Sound_Mail_Numbers - number of audio and e-mail notifications on the last two bars.
    43. DrawLineChart - display of convergence/divergence line in the main window.
      • true - draw the lines (by default).
      • false - do not draw the lines.
    44. DrawLineInd - display of convergence/divergence line in separate windows.
      • true - draw the lines (by default).
      • false - do not draw the lines.
    45. Convergence - calculating convergence or divergence:
      • true - convergence (by default).
      • false - divergence.
    46. Ideal_Searching - searching onvergence/divergence in non-ideal conditions:
      • true - ideal search conditions (by default).
      • false - non-ideal search conditions.
    47. Play_Sound - enable/disable sound notification.
    48. Show_Time - displaying time remaining until the formation of the current bar.
    49. Send_Mail - send an e-mail notification.
    50. ConvMainLevelColor - color of the convergence line in the main window.
    51. DivMainLevelColor - color of the divergence line in the main window. 
    52. ConvLevelColor_1 - color of the convergence line in the first indicator window.
    53. ConvLevelColor_2 - color of the convergence line in the second indicator window.
    54. DivLevelColor_1 - color of the divergence line in the first indicator window.
    55. DivLevelColor_2 - color of the divergence line in the second indicator window.
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    4.4 (10)
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    Alfiya Fazylova
    4.9 (86)
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    Trinh Dat
    4.95 (40)
    实用工具
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    Alfiya Fazylova
    4.52 (29)
    实用工具
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    Kaijun Wang
    5 (12)
    实用工具
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    Evgenii Aksenov
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    实用工具
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    FXsolutions
    5 (1)
    实用工具
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    Runwise Limited
    5 (3)
    实用工具
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    PZ TRADING SLU
    1 (1)
    实用工具
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    LEE SAMSON
    5 (2)
    实用工具
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    Vu Trung Kien
    4.7 (90)
    实用工具
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    实用工具
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    MEETALGO LLC
    4.84 (31)
    实用工具
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    Igor Zizek
    5 (37)
    实用工具
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    Haidar, Lionel Haj Ali
    5 (8)
    实用工具
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    Mhd Amran Bin Lop
    实用工具
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    Vu Trung Kien
    4.41 (17)
    实用工具
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    Vladislav Andruschenko
    4.86 (28)
    实用工具
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    Igor Semyonov
    指标
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    Igor Semyonov
    指标
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    Igor Semyonov
    指标
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    4 (1)
    指标
    Description A universal colored indicator Stochastic. The rising and falling lines and the levels of the indicator can be colored.   The indicator can be calculated as the standard one on the basis of a price or as a derivative on the basis of the following nineteen other indicators included in the standard package of the MetaTrader 4 terminal: AD - an indicator of accumulation and distribution of volume. OBV - On Balance Volume. Volume - tick volume indicator. AC - indicator of acceleration. AO
    MACD Histo Global
    Igor Semyonov
    指标
    Description A universal colored indicator MACD Histo. The rising and falling of the indicator histogram can be colored.   The indicator can be calculated as the standard one on the basis of a price or as a derivative on the basis of the following twelve other indicators included in the standard package of the MetaTrader 4 terminal: AD - an indicator of accumulation and distribution of volume. OBV - On Balance Volume. Volume - tick volume indicator. Force - Force Index indicator. MFI - Money Flow
    MACD Line Global
    Igor Semyonov
    指标
    Description A colored universal indicator MACD Line (MA convergence-divergence indicator, shown as a histogram). The rising and falling of the indicator histogram can be colored. The indicator can be calculated as the standard one on the basis of a price or as a derivative on the basis of the following twelve other indicators included in the standard package of the MetaTrader 4 terminal: AD - an indicator of accumulation and distribution of volume. OBV - On Balance Volume. Volume - tick volume i
    RSI Global
    Igor Semyonov
    指标
    Description A universal indicator RSI together with moving averages based on it. Depending on the need, moving averages can be disabled. You can color the indicator lines and levels: lines of RSI, moving average lines and thresholds of overbought and oversold levels.   The indicator can be calculated as the standard one on the basis of a price or as a derivative on the basis of the following eighteen other indicators included in the standard package of the MT4 terminal: AD - an indicator of accu
    CCI Global
    Igor Semyonov
    5 (1)
    指标
    Description A universal indicator CCI together with moving averages based on it. Depending on the need, moving averages can be disabled. You can color the indicator lines and levels: lines of CCI, moving average lines and thresholds of overbought and oversold levels.   The indicator can be calculated as the standard one on the basis of a price or as a derivative on the basis of the following eighteen other indicators included in the standard package of the MetaTrader 4 terminal: AD - an indicato
    Multicurrency Tools
    Igor Semyonov
    指标
    Description A multi-purpose multi-colored/multi-symbol indicator, which is a set of standard tools from the MetaTrader 4 terminal. The difference is that below the basic price chart it allows to calculate and build in a separate window any of the twenty indicators in a colored form, painting bulls and bears in different colors, for any financial instrument in accordance with the list below:  AD - an indicator of accumulation and distribution of volume. OBV - On Balance Volume. Force - Force Inde
    AO Global
    Igor Semyonov
    指标
    Description A colored universal indicator AO (Awesome Oscillator). The rising and falling of the indicator histogram can be colored.   The indicator can be calculated as the standard one or as a derivative on the basis of the following eleven other indicators included in the standard package of the MetaTrader 4 terminal: AD - an indicator of accumulation and distribution of volume. OBV - On Balance Volume. Volume - tick volume indicator. Force - Force Index indicator. MFI - Money Flow Index. ATR
    MACD Classic Global
    Igor Semyonov
    指标
    Description A colored universal indicator MACD Classic (MA convergence-divergence indicator) that combines two indicators: MACD Line and MACD Histo. The rising and falling lines, the signal line and the indicator histogram can be colored. The indicator can be calculated as the standard one on the basis of a price or as a derivative on the basis of the following twelve other indicators included in the standard package of the MetaTrader 4 terminal: AD - an indicator of accumulation and distributio
    MACD Classic Multicurrency
    Igor Semyonov
    指标
    Description The universal colored multicurrency/multisymbol indicator MACD Classic, consisting of two MACD indicators: MACD Line and MACD Histo. The indicator may be used with any broker, irrespective of the name of the financial instrument since it is necessary to manually enter the name as an input parameter. If you enter a non-existent or incorrect name of a financial instrument, you will receive an error message that this financial instrument is unknown (does not exist). Inputs Currency_Nam
    Multicurrency Cross Oscillator
    Igor Semyonov
    指标
    Description A colored universal indicator/oscillator based on crossing moving averages. The rising and falling lines of the indicator histogram can be colored. The combined use of the line and the histogram increases the level of the analysis when making a decision to open or close deals. The indicator can be calculated as the standard Price Oscillator or as a derivative on the basis of the following eleven other indicators included in the standard package of the MetaTrader 4 terminal: AD - an i
    RAVI Multicurrency
    Igor Semyonov
    指标
    Description A universal colored multicurrency/multi-symbol indicator RAVI. Was proposed by T. Chand as a trend indicator. RAVI means Range Action Verification Index. The indicator may be used with any broker, irrespective of the name of the financial instrument since it is necessary to manually enter the name as an input parameter. If you enter a non-existent or incorrect name of a financial instrument, you will receive an error message that this financial instrument is unknown (does not exist).
    Market Mood Multicurrency
    Igor Semyonov
    指标
    Description A colored multicurrency/multisymbol oscillator of the market mood. The oscillator is designed for detecting the continuation or change of the market mood prior to its occurrence. An excellent example is the screenshots that show all the features of the oscillator. The oscillator may be used with any broker, irrespective of the name of the financial instrument since it is necessary to manually enter the name as an input parameter. If you enter a non-existent or incorrect name of a fin
    Inside Bar
    Igor Semyonov
    指标
    Description The indicator determines the appearance of internal bars on the chart, and paints them in accordance with the bullish and/or bearish mood. The indicator can notify of the appearance of a formed internal bar by playing a beep, as well as display the time remaining until the end of the formation of the current bar in the format of <d:h:m:s, where: < means the current bar. d - days. h - hours. m - minutes. s - seconds. The bullish and bearish mood can be colored. Inputs Sound_Play - a
    Reversal Bars
    Igor Semyonov
    指标
    Description The indicator determines the appearance of the bars that signal of a reversal of current local moods and plays a beep. It also paints these bars in accordance with the bullish and/or bearish priority. You can select the color for bullish and bearish moods. Inputs Sound_Play - a flag that allows the sound notification. Use Detection of the reversal bar can be a signal to perform appropriate trading activities.  The indicator can be used for manual or automated trading in an Expert A
    Tendency Reversal Bars
    Igor Semyonov
    指标
    Description The indicator determines the appearance of bars that notify of the reversal of the current trend, and paints them in accordance with the bullish and/or bearish mood. The indicator can notify of the appearance of a formed reversal bar by playing a beep, as well as display the time remaining until the end of the formation of the current bar in the format of <d:h:m:s, where: < means the current bar. d - days. h - hours. m - minutes. s - seconds. You can select the color for bullish and
    Multicurrency MAs
    Igor Semyonov
    指标
    Description A universal colored multicurrency/multi-symbol indicator of moving averages: Moving Average, Double Moving Average, Triple Moving Average . The indicator is drawn in a separate window, so below the main trading chart a user can see the development of another financial instrument. It is very useful when considering the combined values of various moving averages for different financial instruments below the main trading chart.  The indicator may be used with any broker, irrespective of
    Color Chart MAs
    Igor Semyonov
    指标
    Description A universal colored indicator of moving averages: Moving Average, Double Moving Average, Triple Moving Average . The indicator provides various opportunities for the analysis of prices based on different ways of constructing moving averages in the window of the main financial instrument. You can color bullish and bearish moods. Inputs MA_Type - type of multiplicity: Moving Average. Double Moving Average. Triple Moving Average. MA_Period - the MA period. MA_Method - the averaging met
    Multicurrency Bands Global
    Igor Semyonov
    指标
    Description A colored universal multicurrency/multi-symbol indicator Bollinger Bands to be drawn in a separate window below the main financial instrument. The rising and falling line of the main indicator and Bollinger Bands can be colored. The indicator can be calculated based on one of the eleven basic indicators included in the standard package of the MetaTrader 4 terminal: AD - an indicator of accumulation and distribution of volume. OBV - On Balance Volume. Force - Force Index indicator. MF
    Channel Global Multicurrency
    Igor Semyonov
    指标
    Description A colored universal multicurrency/multi-symbol indicator Channel to be drawn in a separate window below the main financial instrument. The indicator uses the calculation method of the Price Channel indicator. The rising and falling line of the main indicator and the Channel lines can be colored. The indicator can be calculated based on one of the eleven basic indicators included in the standard package of the MetaTrader 4 terminal: AD - an indicator of accumulation and distribution o
    Keltner Channel
    Igor Semyonov
    5 (1)
    实用工具
    Description Keltner's colored channel indicator,also called STARC band, drawn in the main chart window. The indicator uses the calculation technique of the three drawing options: basic, improved and modified . The first two were proposed by Keltner, the third one - by a successful trader L. Rakshe. You can also search for your own best parameters of the indicator. The upper, middle and lower bands can be colored. The indicator includes the basic analytical tool of the market moods by Keltner. Th
    ZigZag Global
    Igor Semyonov
    指标
    Description A colored universal multicurrency/multi-symbol indicator ZigZag to be drawn in a separate window below the main financial instrument. The indicator may be used with any broker, irrespective of the name of the financial instrument since it is necessary to manually enter the name as an input parameter. If you enter a non-existent or incorrect name of a financial instrument, you will receive an error message that this financial instrument is unknown (does not exist).  The indicator can
    Color Price Channel
    Igor Semyonov
    指标
    Description A colored channel indicator Price Channel to be drawn on the main chart of a financial symbol. It can color bullish and bearish moods based on the middle line of the indicator, as well as change the color of the upper and lower lines of the channel. Purpose The indicator can be used for manual or automated trading in an Expert Advisor. Values of indicator buffer of the double type can be used for automated trading:  The middle line of the indicator - buffer 4. The upper line of the
    Multicurrency Candlesticks
    Igor Semyonov
    指标
    Description Candlesticks is a colored multicurrency/multy-symbol indicator. It shows a financial instrument as a candlestick chart in a separate window below the chart of the main financial symbo. The indicator may be used with any broker, irrespective of the name of the financial instrument since it is necessary to manually enter the name as an input parameter. If you enter a non-existent or incorrect name of a financial instrument, you will receive an error message that this financial instrume
    Candlestick Tools
    Igor Semyonov
    指标
    Description Candlestick Tools  is a colored multicurrency/multy-symbol indicator. It shows one of four standard indicators as a candlestick chart in a separate window below the chart of the main financial symbol. The indicator is calculated based on one of two indicators included in the standard package of the МetaТrader 4 terminal: CCI - Commodity Channel Index. RSI - Relative Strength Index. The default indicator is Commodity Channel Index. The indicator may be used with any broker, irrespecti
    Pivot Pro
    Igor Semyonov
    指标
    Description Pivot Pro  is a universal color indicator of the  Pivot Points  levels systems. You can select one of its three versions:  Standard   Old , Standard New  and  Fibo . The system will automatically calculate the  Pivot Point  on the basis of market data for the previous day ( PERIOD_D1 ) and the system of support and resistance levels, three in each. It can also display price tags for each level. You can color the indicator lines. Only a method of calculation of the third level of supp
    Price Levels
    Igor Semyonov
    指标
    Description The indicator is intended for labeling the chart using horizontal levels and/or half-round prices. The indicator works on any financial instrument regardless of the name and the number of digits. A user can choose colors for the indicator lines. Input Parameters Calc_Method - method of calculation of the lines: levels of round prices. levels of half-round prices. Digits_Accepted - flag for calculating the levels according to number of decimal places in the quotes of a financial inst
    MACD Line Smart
    Igor Semyonov
    指标
    Description A colored universal multicurrency/multi-symbol indicator MACD Line Smart (the indicator moving average convergence divergence is displayed as a histogram) based on double or triple moving average .  Comparing to the standard MACD this indicator is more sensitive to what allows generating advance signals. he indicator may be used with any broker, irrespective of the name of the financial instrument since it is necessary to manually enter the name as an input parameter. If you enter a
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    版本 1.23 2024.07.24
    Updating.
    Version 5, build 2408 of MetaEditor
    版本 1.22 2020.04.05
    Updating and interface improvement
    版本 1.21 2014.10.23
    User's interface has been improved.