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Forex All In One Divergence Indicator

Forex All In One Divergence Indicator — a MetaTrader 4 indicator kept in the Old Kings collection. As the name suggests, the idea behind it is divergence between price and an oscillator. Its source code uses divergence checks, MACD, RSI and the Stochastic oscillator. It draws arrows on the chart and can send alerts. It has 40 settings, for example Osc (default 29), TH (default true) and TL (default true). 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 Forex All In One Divergence Indicator

Forex All In One Divergence Indicator is an indicator for MetaTrader 4 based on Divergence, MACD, RSI and Stochastic. It draws buy and sell arrows on the chart and can alert you with a pop-up, sound, email or push message. It has 40 settings, such as Osc, TH and TL. MQL source code included.

Files in the download: all-in-one-divergence-indicator.mq4, installation manual.txt.

Settings

SettingDefaultWhat it does
Osc29
THtrue
TLtrue
Trendtrue
Convergentrue
Complect1
Back steph0number of steps back (h)
Back stepl0the number of steps ago l
Back step0number of steps backward
Q steps1the number of steps, not more than 3
Lev d pl5level of Demark points; 2 = central bar is above (below) the 2 bars to the left
Lev d pr1level of Demark points; 2 = central bar is above (below) the 2 bars on the right
Period8Period or timeframe used by the calculation
Ma method0
Ma shift0Bar shift (0 = current bar)
Applied price4
Mode0
Fast ema period12Period or timeframe used by the calculation
Slow ema period26Period or timeframe used by the calculation
Signal period9Period or timeframe used by the calculation
Kperiod13Period or timeframe used by the calculation
Dperiod5Period or timeframe used by the calculation
Slowing3
Price field0
T3 period1Period or timeframe used by the calculation
B0.7
Show bars1000If = 0, then the indicator is displayed for all graphics
Left strongfalse
Right strongtrue
Trend downtrue
Trend uptrue
Trend linetruefalse = trend lines will not
Handy colourtrueColour on the chart
HighlineRed
LowlineDeepSkyBlue
Channel linefalsetrue = build a parallel trend lines feeds
Trend01 = only for UpTrendLines, -1 = only for DownTrendLines, 0 = for all TrendLines
Channelfalse
Regressiontrue
Ray htrue

How to install

  1. Download the ZIP from your PolyMaria library and unzip it.
  2. In MetaTrader 4 open File → Open Data Folder, then go to MQL4 → Indicators.
  3. Copy the .mq4 file(s) there. Put any .mqh files in MQL4 → Include.
  4. Open the .mq4 file in MetaEditor and press Compile (F7) if MetaTrader does not show it.
  5. Drag the indicator from the Navigator onto a chart and adjust the settings.

Download the PDF guide

Tags: Divergence · Buy/Sell Arrows · Alerts · MACD · RSI · Stochastic · MT4 Indicator · MQL4 Source Code

Old Kings — classic MT4 & MT5 collection · PolyMaria