multiple divergence indicator

forexwithouttears

Active Trader
Jun 12, 2013
9
0
32
Good day every one here in earnforex forum. Pls can any one help me make this indicator to show only multiple divergence.

if there are 3 or more than 3 divergence drawn from the same point let it show an arrow in the direction of the divergence.

Filter: when the 3 arrows shows wait for price to close above moving average 14 for up arrow and below moving average 14 for down arrow.

The yellow line is where price close above moving average 14 in the pictures attachedAUDUSDM5fff.png
 

Attachments

  • AUDUSDM5fff.png
    AUDUSDM5fff.png
    10.9 KB · Views: 20
  • AUDUSDM5gtfgfgfggfg.png
    AUDUSDM5gtfgfgfggfg.png
    11.8 KB · Views: 17
  • AUDUSDM5gtfgfgfggfg.png
    AUDUSDM5gtfgfgfggfg.png
    11.8 KB · Views: 18

forexwithouttears

Active Trader
Jun 12, 2013
9
0
32
ok. thanks I attached another one. hope this will work. thanks so much
 

Attachments

  • FX5_MACD_Divergence_V1.1.mq4
    12.4 KB · Views: 12
  • FX5_MACD_Divergence_V1.1.ex4
    36.2 KB · Views: 10

Enivid

Administrator
Staff member
Nov 30, 2008
16,844
984
144
Odessa
www.earnforex.com
ok. thanks I attached another one. hope this will work. thanks so much
OK. Some questions need to be answered first:
1. What happens when there is the fourth arrow? Fifth? Sixth?
2. What happens when some other divergence appears while we wait for the third arrow and then appears the third arrow?
3. Should this work only with regular divergences or with hidden ones as well?
 
  • 👍
Reactions: Zuki

Zuki

Trader
Jul 28, 2021
55
0
22
37
What the person is looking for is a way to filter out the noise caused by the trendlines that keep appearing .


Would better to add alert features identifying when there is hidden Divergence using arrows as color code . On indicator Window.


I use QQE indicator for confirmation to enter a divergence signal .. it's very accurate.


the Divergence indicator need a bit tweaking
OK. Some questions need to be answered first:
1. What happens when there is the fourth arrow? Fifth? Sixth?
2. What happens when some other divergence

OK. Some questions need to be answered first:
1. What happens when there is the fourth arrow? Fifth? Sixth?
2. What happens when some other divergence appears while we wait for the third arrow and then appears the third arrow?
3. Should this work only with regular divergences or with hidden ones as well