Divergence For Many Indicators 2
This Old Kings indicator for MetaTrader 4 is called Divergence For Many Indicators 2. Its name points to divergence between price and an oscillator. In the code it works with divergence checks, MACD, RSI and the Stochastic oscillator. It has 13 settings, for example lb (default 5), rb (default 5) and shownum (default true). Attach it to a chart to see what it draws, then compare it with price on a few timeframes. Inside: 4 indicator files 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 Divergence For Many Indicators 2
Divergence For Many Indicators 2 is an indicator for MetaTrader 4 based on Divergence, MACD, RSI and Stochastic. It has 13 settings, such as Lb, Rb and Shownum. MQL source code included.
Files in the download: Divergence for many indicators\Divergence for many indicator 1.ex4, Divergence for many indicators\Divergence for many indicator 1.mq4, Divergence for many indicators\Divergence for many indicator.ex4, Divergence for many indicators\Divergence for many indicator.mq4.
Settings
| Setting | Default | What it does |
|---|---|---|
| Lb | 5 | Left Bars |
| Rb | 5 | Right Bars |
| Shownum | true | Show Divergence Number |
| Showindis | false | Show Indicator Names |
| Showpivot | false | Show Pivot Points |
| Calcmacd | true | MACD |
| Calcmacda | true | MACD Histogram |
| Calcrsi | true | RSI |
| Calcstoc | true | Stochastic |
| Calccci | true | CCI |
| Calcmom | true | Momentum |
| Calcobv | true | OBV |
| Calccmf | true | Chaikin Money Flow |
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 · MACD · RSI · Stochastic · CCI · Momentum · MT4 Indicator · MQL4 Source Code