Aodivergence 2
Aodivergence 2 — a MetaTrader 4 indicator kept in the Old Kings collection. Its source code uses divergence checks, RSI and moving averages. It draws arrows on the chart. It has 6 settings, for example fastma (default 5), slowma (default 34) and isshowsignaltype1 (default 1). Try it on a demo chart first and note how its lines or arrows react to new bars. Inside: 1 indicator file with source code (.mq4) you can open and edit in MetaEditor. Old Kings are classic community tools shared as-is. Not tested by PolyMaria. Try it on a demo account first. Are you the author of this tool? Message us on Telegram (@abumarket_support) and we will credit you or take it down.
Indicator · MT4 · v1.0 · Free
About Aodivergence 2
Aodivergence 2 is an indicator for MetaTrader 4 based on Divergence, RSI and Moving Average. It draws buy and sell arrows on the chart. It has 6 settings, such as Fastma, Slowma and Isshowsignaltype1. MQL source code included.
Files in the download: aodivergence.mq4.
Settings
| Setting | Default | What it does |
|---|---|---|
| Fastma | 5 | |
| Slowma | 34 | |
| Isshowsignaltype1 | 1 | 1 - , 0 - |
| Isshowsignaltype2 | 1 | 1 - - |
| Divergencebars | 4 | // |
| Mode | 0 | 0 - , 1- normalized 2 - rsi slowma - 2 |
How to install
- Download the ZIP from your PolyMaria library and unzip it.
- In MetaTrader 4 open File → Open Data Folder, then go to MQL4 → Indicators.
- Copy the .mq4 file(s) there. Put any .mqh files in MQL4 → Include.
- Open the .mq4 file in MetaEditor and press Compile (F7) if MetaTrader does not show it.
- Drag the indicator from the Navigator onto a chart and adjust the settings.
Tags: Divergence · Buy/Sell Arrows · RSI · Moving Average · MT4 Indicator · MQL4 Source Code