thanks fxbs. that is a must know for who wants to use divergence in trading.
zorak, here is another (ongoing this time) example: g-u, daily and h4.
daily shows a hidden bullish divergence.
h4 shows a regular bullish divergence, but unconfirmed. enter long on a trendline breakout, target above last high (2.0006) or keep the long until you see a regular bearish divergence on daily timeframe.

Attached Images

	gud.gif (26.1 KB, 572 views)
	guh4.gif (25.3 KB, 567 views)

and another idea, maybe someone could program it (i'm not sure if this has already coded into FX5 divergence indicators) - identifying divergences using fractals:
- on one side, first fractal extreme and indicator extreme acquired during this first fractal (please note that i said indicator extreme per fractal, not per candle)
- on the other side, second fractal extreme and indicator extreme acquired during this second fractal.
if anyone is interested in coding this, i will come up with an example.

Hi all! Does anybode has indicator wich shows momentum divergence with arrows and alerts?

I moved your post to this thread where you can find few Divergence indicators based on Momentum for example (you may just change the settings inside the indicator to momentum divergence). I saw something similar with arrows but I am not sure about alarm sorry.
So, read the thread in the beginnng as there are 3 or 4 indicators to try only concerning it.

It's time to give back some ideas to the community.

Here my two Divergence-Indicators.

Work's with ZeroLag MACD.

Enjoy and have fun.

Attached Files

	Divergence_STS.mq4 (3.0 KB, 143 views)
	Divergence_STS_reverse.mq4 (3.0 KB, 135 views)
	ZeroLag MACD.mq4 (3.2 KB, 121 views)

does anybody know this indicator???
i want to know about it


thanks..

MACD MACD indicator

RSI RSI indicator

STOCHASTIC Stochastic Oscillator

MOMENTUM Momentum indicator

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