All-in-One Divergence Indicator

Related: Divergence Indicator Panel - another powerful indicator for MetaTrader 4 traders.

As per user requests, this indicator has been enhanced with:

- Inputs to enable/disable each alert type separately.

Also recommended: Multi-Indicator Divergence Detector for MetaTrader 4 - similar indicator with strong performance on MetaTrader 4.

- A dropdown list of 30 indicators with real names instead of numbers.

- A signal buffer (indicator output value).

This indicator is compatible with MetaTrader 4 and 5. You can import it, create your own automated strategy, and backtest with high precision. Adjustable parameters include:

- osc=29: The number of the oscillator.
- th=true: Bearish divergence.
- tl=true: Bullish divergence.
- trend=true: Support/resistance lines.
- convergen = true: Hidden divergence.
- complect = 1: The distinguishing index of the indicator on the chart.
- backsteph = 0: Number of steps back h.
- backstepl = 0: Number of steps back l.
- backstep = 0: Number of steps back.
- qsteps = 1: Number of displayed steps, no more than three.
- levdpl = 5: Demark level points (2 = the central bar will be above (below) the two bars on the left).
- levdpr = 1: Demark level points (2 = the central bar will be above (below) the two bars on the right).
- period = 8: Period for various indicators.
- ma_method = 0: Averaging method for specific indicators.
- ma_shift = 0: MA shift for istddev.
- applied_price = 4: Applied price for multiple indicators.
- mode=0: Line index for several indicators.
- fast_ema_period = 12: Fast MA period for iosma and imacd.
- slow_ema_period = 26: Slow MA period for iosma and imacd.
- signal_period = 9: Signal line period for iosma and imacd.
- kperiod = 13: K line period for istochastic.
- dperiod = 5: D line period for istochastic.
- slowing = 3: Slowing for istochastic.
- price_field = 0: Applied price for istochastic.
- showbars = 1000: If 0, the indicator is displayed for the entire chart.
- trend_down = true: Resistance lines.
- trend_up = true: Support lines.
- trendline = true: Support/resistance lines.
- handycolour = true.
- highline = red: HL channel color.
- lowline = deepskyblue: LL channel color.
- channelline = false: Channels parallel to trend lines.
- trend = 0: 1 for uptrendlines, -1 for downtrendlines, 0 for all trendlines.
- channel = false: Channels.
- regression = true: Linear regression channel, false for standard deviation channel.
- rayh = true: Ray for the high channel.
- rayl = true: Ray for the low channel.
- channelh = red: Color of the high channel.
- channell = deepskyblue: Color of the low channel.
- std_widthh = 1.0: Deviation size for the channel high object.
- std_widthl = 1.0: Deviation size for the channel low object.
- comment = false: Display comments.
- code = 159: Character code of the wingdings font to display extremums.
- buystop = false: Buystop levels.
- selllimit = false: Selllimit levels.
- sellstop = false: Sellstop levels.
- buylimit = false: Buylimit levels.
- alerts = false: Enable/disable trading alerts.
- push = false: Enable/disable push trading alerts.

When attaching multiple indicators to the chart, change the complect parameter.

Thank you for your interest!

You may also like: moving average convergence divergence (macd) - excellent alternative for indicator users on MetaTrader 4.

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• This tool is provided for educational and testing purposes only.
• Past performance does not guarantee future results.
• Trading involves substantial risk of loss. Use on a demo account first.
• Results may vary depending on market conditions, broker, and settings.
• We recommend thorough backtesting and forward testing before using with real funds.