Forex
Google

Go Back   Forex Trading > Discussion Areas > Setup Questions
Reload this Page Divergence Indicator
Forex Forum Register FAQ Members List Calendar Search Today's Posts Mark Forums Read


Register in Forex TSD!
Trading Systems Leaders in this forum (automated trading systems) are winning more than 3000 pips in a month (30000$ investing one lot every time).
Click here to register and get more information

Reply
Page 3 of 7 < 12 3 45 > Last »
 
LinkBack (3) Thread Tools Display Modes
  #21 (permalink)  
Old 12-30-2006, 03:07 PM
drgoodvibe drgoodvibe is offline
Senior Member
  
Join Date: Dec 2005
Location: Null
Posts: 534
drgoodvibe is on a distinguished road
Quote:
Originally Posted by bratt
Hello increase ,
I noticed you made a pretty good attempt at helping y09ster and so now, I found a similar indicator with divergence lines (if its placed in the first indicator window). I'm hoping you can tell me how to program this one to give alert with sound at its best deviation as well?

Thanks again, richard

Hi Bratt, thanks for posting this indicator, looks pretty good.
__________________
Metatrader 4 - EA Live and Demo Hosting Solutions http://www.omegasupreme.com
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
  #22 (permalink)  
Old 12-31-2006, 12:49 PM
et_phonehome_2 et_phonehome_2 is offline
Senior Member
  
Join Date: Feb 2006
Posts: 1,076
et_phonehome_2 is on a distinguished road
Will this indicator tell me when MACD and price diverges?
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
  #23 (permalink)  
Old 12-31-2006, 04:31 PM
PipRippy PipRippy is offline
Junior Member
  
Join Date: Mar 2006
Posts: 23
PipRippy is on a distinguished road
Hey image3022!

On the indicator Netto uses in his methods- it appears as one indicator. How you can get only one output is beyond me. Maybe an average- in the formula it looks like one maybe subtracted from the other. I have no idea- I am not that skilled in programming etc..

Ty for helping, MRippy
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
  #24 (permalink)  
Old 01-01-2007, 02:22 AM
omelette omelette is offline
Senior Member
  
Join Date: Jan 2006
Posts: 989
omelette is on a distinguished road
Quote:
Originally Posted by PipRippy
I am looking for an indicator called:

Trend Reversal Index

It is from John Netto's book- One Shot One Kill Trading

He uses it for DIVERGENCE trading much like the applications mentioned in this thread. He found that after looking at hundreds of different indicators- he found that this indicator worked the best.

Netto mentions that it is a RSI 13 period with a RSI 3 period

the Metastock formula is:

RSI(13)+Mov(RSI(3),3,S

I hope that somebody has seen this indicator for MT4, or is kind enough to create for a non-programmer etc..

Ty-in advance, Matt Rippy
There's no need to create an indicator - just drop a RSI period 3 inbuilt indicator on top of a period 13 (or viceversa). Problem is, the resulting indicator is pretty incoherent, no tradable divergences that I can see...
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
  #25 (permalink)  
Old 06-04-2007, 06:45 PM
geonai geonai is offline
Junior Member
  
Join Date: Jan 2007
Posts: 3
geonai is on a distinguished road
divergence indicators
Quote:
Originally Posted by billworld2
I searched a lot and never found one for MT4. None of the ones referenced by others in this thread really does the job. So, I developed strict rules and hired a programmer to build one for me. It's still being worked on, but, the results so far are encouraging. See the attached screen shot for two awesome divergence trades today.

I prefer CCI as it tends to deliver cleaner and quicker signals. Of course, it delivers false ones as well, but, that's where having clear exit rules helps.

I suppose if there were a few people willing to contribute toward my cost for getting this thing developed (which currently is $500), I'd consider making it available to the community along with my rules.

Of course, after the indicator is complete, work will begin on the EA which is also based on a very strict set of rules. Divulging that would take a bit more coaxing!

Cheers

Bill

Hi Bill,

Have you developed the divergence indicator , yet? Could you post some pictures to see how it works ? I work with USD/CAD and it will be better to see the indicator on this chart. H1, H4, D1, W1
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
  #26 (permalink)  
Old 06-14-2007, 07:08 PM
dvarrin dvarrin is offline
Senior Member
  
Join Date: May 2007
Posts: 126
dvarrin is on a distinguished road
Hi,

I'm looking for the MACD, Stochastic and RSI divergence indicators, but was not able to find them of get a working version. Could anybody tell me were I could find them?

Cheers,
Daniel
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
  #27 (permalink)  
Old 06-14-2007, 07:46 PM
european's Avatar
european european is offline
Senior Member
  
Join Date: Apr 2006
Posts: 281
european is on a distinguished road
Quote:
Originally Posted by dvarrin
Hi,

I'm looking for the MACD, Stochastic and RSI divergence indicators, but was not able to find them of get a working version. Could anybody tell me were I could find them?

Cheers,
Daniel

I haven't seen a good working one for MQ4
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
  #28 (permalink)  
Old 06-18-2007, 12:34 PM
dvarrin dvarrin is offline
Senior Member
  
Join Date: May 2007
Posts: 126
dvarrin is on a distinguished road
Hi,

Is anybody interested in the coding of a divergence indicator ?

I would like to have an indicator which analyses the price and an indicator like MACD or Stochastic and returns 1 if bullish divergence, 0 if nothing and -1if bearish divergence (for example). I want to detect the case when the price is making a new high/low, but the indicator is not.

Also, as soon as the indicator has gone to the other side (for example if Stochastic was overbought and showed a bearish divergence, and then went down crossing 50 or reached the oversold level) the divergence indicator should not say that there is still a bearish divergence.

How could I code it? Using zigzag?

What are the value returned by a zigzag indicator at a given time? Does it return the last pick/though value?

Cheers,
Daniel
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
  #29 (permalink)  
Old 07-30-2007, 04:57 AM
fxbs fxbs is offline
Senior Member
  
Join Date: Jan 2007
Location: not so remote
Posts: 1,592
fxbs is on a distinguished road
diver ind
//MACD=1, RSI=2, DMI=3, Mom=4

9 Rules for Trading Divergences - College: Trading Divergences - Beginner's Guide to Forex Trading, Free Forex Education, Learn to Trade Forex, Forex Training - BabyPips.com
" There are nine cool rules for trading divergences. Learn 'em, apply 'em, and make money. Ignore them and go broke.

Dont even bother looking at an indicator unless ONE of these four price scenarios have occurred. If not, you aint trading divergence buddy. You just imagining things. Immediately go see your optometrist and get some new glasses. "
Attached Images
File Type: gif diver.gif (16.7 KB, 1527 views)
Attached Files
File Type: mq4 Divergence.mq4 (4.8 KB, 238 views)
File Type: mq4 Divergence_2MA_DiverTrader_Ron_v04.mq4 (2.2 KB, 231 views)
Last edited by fxbs : 08-11-2007 at 02:19 PM.
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
  #30 (permalink)  
Old 08-11-2007, 01:22 PM
fxbs fxbs is offline
Senior Member
  
Join Date: Jan 2007
Location: not so remote
Posts: 1,592
fxbs is on a distinguished road
"This indicator will plot divergence lines on the MACD indicator and will give buy and sell signal by displaying green and red arrows. It also has a built-in alert function. As the original indicator, bullish divergence is plotted in green lines while bearish divergence is plotted in red. If the divergence is classic the line will be solid and if the type is reversed the line will be interrupted."

FX5_MACD_Divergence - MQL4 Code Base
Attached Images
File Type: gif diver macd fx5.gif (32.8 KB, 1405 views)
File Type: jpg diver types RH.JPG (78.4 KB, 1401 views)
Attached Files
File Type: mq4 Divergence_MACD_FX5_V1.1.mq4 (12.4 KB, 541 views)
Last edited by fxbs : 08-11-2007 at 07:40 PM.
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
Reply
Page 3 of 7 < 12 3 45 > Last »

« Previous Thread | Next Thread »

Thread Tools
Display Modes
Linear Mode Linear Mode

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts
vB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On
Forum Jump

LinkBacks (?)
LinkBack to this Thread: http://www.forex-tsd.com/setup-questions/5281-divergence-indicator.html
Posted By For Type Date
Discover From Your Favorite Topic or Web Page: indicator This thread Refback 02-25-2008 12:14 PM
درخواست Indicator و expert - صفحه 59 - Sarmaye Forums This thread Refback 01-10-2008 06:42 AM
درخواست Indicator و expert - صفحه 59 - Sarmaye Forums This thread Refback 01-10-2008 06:19 AM

Similar Threads
Thread Thread Starter Forum Replies Last Post
Divergence Detection Indicator goover Indicators - Metatrader 4 15 09-20-2007 07:32 AM
CCI Divergence indicator on chart help fred Metatrader 4 9 12-14-2006 04:01 AM
Price/CCI Divergence Indicator billworld2 General Discussion 4 12-12-2006 12:46 AM
request divergence Indicator Alex.Piech.FinGeR Indicators - Metatrader 4 1 11-22-2006 11:33 PM
Dinapoli Detrend Oscillator + Divergence.. help with indicator drgoodvibe Indicators - Metatrader 4 1 05-10-2006 01:50 PM


All times are GMT. The time now is 10:22 AM.

Contact Us - Forex TSD| Metatrader Indicators and Experts Advisors - Archive - Top