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Divergence indicator(s)

This is a discussion on Divergence indicator(s) within the Trading tools forums, part of the Trading Forum category; Hi, Just want to pay attention the .ela code for the TSM divergence is working because I fixed and improved ...

      
   
  1. #21
    Developer igorad's Avatar
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    TSM Divergence

    Hi,

    Just want to pay attention the .ela code for the TSM divergence is working because I fixed and improved it recently. So you could try to test/optimize this strategy.

    Divergence indicator(s)-tsm_diver_1.png

    Divergence indicator(s)-tsm_diver_2.png

    Regards,
    Igor
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  2. #22
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    Thanx Igor - been thinking about that one. One problem for me though - I have no knowledge of converting format to mql

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    Thanks igorad,

    Same question: How can we use it in metatrader 4 ?

    Another divergence indicator I use from FX5 (modified by Mladen) on stochastics
    For me it is the best div indicator on sto notably because it indicates trendlines and alert on normal and hidden divergences

    Is it possible than a coder modify this code to do the same things on RSI (crossing between RSI and his moving average (SMA, EMA or LWMA)

    https://mon-partage.fr/f/P6nI4K00/

    Thanks for all

    Zilliq

  4. #24
    Administrator newdigital's Avatar
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    Quote Originally Posted by zilliq View Post
    Thanks igorad,

    Same question: How can we use it in metatrader 4 ?

    Another divergence indicator I use from FX5 (modified by Mladen) on stochastics
    For me it is the best div indicator on sto notably because it indicates trendlines and alert on normal and hidden divergences

    Is it possible than a coder modify this code to do the same things on RSI (crossing between RSI and his moving average (SMA, EMA or LWMA)

    https://mon-partage.fr/f/P6nI4K00/

    Thanks for all

    Zilliq
    I just attached this indicator
    Attached Files Attached Files

  5. #25
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    yeah I saw most repaint indicator counts regional highest and lowest backward!!! that is no wonder they look "holy gail-like" hindsight.The Fisher transform is one of them.
    the nature of forex obviously is brownian motion...

  6. #26
    Administrator newdigital's Avatar
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    Yes, agree. But divergence indicators are different ones - I remember when I traded MACD Divergence indicator with good results ...

    there is MACD Divergence indicator here but as far as I remember - it was different indicator
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  7. #27
    Administrator newdigital's Avatar
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    By the way - this is very famous MACD indicator made by cja (attached) - multi timeframed and with alert. No divergence but anyway ...


    Divergence indicator(s)-eurusd-h1-alpari-limited-g-macd.png
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  8. #28
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    As a matter of fact,MACD is one of my favorite indicators becoz MACD works FOREVER, no matter how the market makers disguise with pitfalls and falsebreaks.

    I downloaded this and will use it in real mode :-)

  9. #29
    Administrator newdigital's Avatar
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    And this is SMI Divergence indicator (attached) :


    Divergence indicator(s)-eurusd-h1-alpari-limited-smi-divergence.png
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  10. #30
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    MACD Divergence Part 1

    Most powerful chart pattern in Technical Analysis. Learning MACD Bullish and Bearish Divergences.


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