Wildhog NRP Divergence 2
From the Old Kings archive: Wildhog NRP Divergence 2, an indicator for MetaTrader 4. Its name points to divergence between price and an oscillator. In the code it works with divergence checks. It draws arrows on the chart and can send alerts. It has 20 settings, for example Length (default 8), Overbought Level (default 60.0) and Oversold Level (default 40.0). Attach it to a chart to see what it draws, then compare it with price on a few timeframes. 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 Wildhog NRP Divergence 2
Wildhog NRP Divergence 2 is an indicator for MetaTrader 4 based on Divergence. It draws buy and sell arrows on the chart and can alert you with a pop-up, sound, email or push message. It has 20 settings, such as Length, Overbought level and Oversold level. MQL source code included.
Files in the download: Wildhog NRP Divergence (1).mq4.
Settings
| Setting | Default | What it does |
|---|---|---|
| Length | 8 | |
| Overbought level | 60.0 | |
| Oversold level | 40.0 | |
| Divergearrow size | 1 | |
| Divergencearrows upper gap | 4 | |
| Divergencearrows lower gap | 4 | |
| Draw divergences | true | |
| Show classical divergence | true | |
| Show hidden divergence | true | |
| Draw indicator trend lines | true | |
| Draw price trend lines | true | |
| Divergence bullish color | DeepSkyBlue | Colour on the chart |
| Divergence bearish color | DeepPink | Colour on the chart |
| Draw lines identificator | whdiverge1 | |
| Divergence alert | true | Turn this alert on or off |
| Divergence alerts message | true | Turn this alert on or off |
| Divergence alerts sound | true | Turn this alert on or off |
| Divergence alerts email | false | Turn this alert on or off |
| Divergence alerts notify | false | Turn this alert on or off |
| Divergence alerts sound name | alert1.wav | Turn this alert on or off |
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 · Alerts · MT4 Indicator · MQL4 Source Code