yuhu wrote: Thu Sep 07, 2017 5:26 am Hi Jimmy, thank you for sharing! but i think this version repaints right? Have you come across a non repainting one or is this something like zigzag that is always repainting?

Thank you,
YFX

No repainting

But as it was told many times : divergence can be caught only after the fact (lags)

Hi Mladen, many thanks for the quick reply

I have set it up to send email alert to me for testing purposes.

Joe Dinapoli said about divergence:

"Don't use an Oscillator to price divergence as an entry technique, unless you have an excellent means of filtering it. Even for the best of Oscillators this can, and often does, spell disaster, particularly for the new participant. Price and Oscillator divergences abound, and the market continues to stop out the divergence players. Looking back in time, you're sure to find divergences that work, but when you're going forward in time, as in real trading, the accuracy of this technique just isn't there."

As with most of my posts I really don't have a clue what i'm talking about or who Joe Dinapoli is but his quote sounds good.

mladen wrote: Thu Sep 07, 2017 6:10 am

No repainting
But as it was told many times : divergence can be caught only after the fact

Exactly. IMO divergence is no holy grail at all. PA trumps whatever any oscillator is doing.

There's plenty of occurrences where divergences fail. However I'll place pending orders in case it PA does follow thru, but rarely take a fill based on visual divergence alone.

Jimmy wrote: Tue Aug 22, 2017 9:28 pm Stochastic Divergence MTF.png

Hi Jimmy,

I love your clean chart setup! Could you share your template including the background, news and market hours indicators?

Thanks in advance!!

Just playing a bit around and hey, a possible convergence on a renko chart forward. Now wait for confirmation and peng or when the confirmation won't come the market will start through as you can see on the divergence on the right side. Happy Trading.

...and GO.

Ok, this Renko indi has obviously a repainting problem on cTrader (when reopened the chart) and the market just stopped, but I hope you see, that the SL can be set very tight and when it is hit you just open a position in opposite direction, because it breaks through with an impulse. So you have a small lose and a big win on the other side.

AIO Divergence [= All In One Divergence]

This indicator is based on code from the original author Petr

As per users' requests in comments, some improvements were made, specifically :

Trading alerts (Alerts in MetaTrader 4 terminal, Email notifications, Push notifications).
Inputs to enable/disable each alert type separately.
Dropdown list of 30 indicators with real names instead of numbers.
Signal buffer (Indicator output value).

Indicator is compatible with Universalis MT4.
You can import it, create your own automated strategy and backtest with high precision (step-by-step guide).

Adjustable Parameters :

1. Osc=29* - the number of the Oscillator.
2. TH=true - bearish divergence.
3. TL=true - bullish divergence.
4. trend=true - support/resistance lines.
5. convergen = true - hidden divergence.
6. Complect = 1 - the distinguishing index of the indicator on the chart.
7. BackSteph = 0 - number of steps back h.
8. BackStepl = 0 - number of steps back l.
9. BackStep = 0 - number of steps back.
10. qSteps = 1 - number of displayed steps, no more than three.
11. LevDPl = 5 - DeMark level points (2 = the central bar will be above (below) the two bars on the left).
12. LevDPr = 1 - DeMark level points (2 = the central bar will be above (below) the two bars on the right).
13. period = 8 - period for iADX, iATR, iBearsPower, iBullsPower, iCCI, iDeMarker, iForce, iMomentum, iMFI, iRVI, iStdDev, iRSI, iRSI, iWPR.
14. ma_method = 0 - averaging method for iStochastic, iStdDev, iForce.
15. ma_shift = 0 - MA shift for iStdDev.
16. applied_price = 4 - applied price for iRSI, iRSI, iStdDev, iOBV, iOsMA, iMACD, iMomentum, iForce, iCCIiBullsPower, iBearsPower, iADX.
17. mode=0 - line index for iStochastic, iRVI, iMACD, iADX.
18. fast_ema_period = 12 - fast MA period for iOsMA, iMACD.
19. slow_ema_period = 26 - slow MA period for iOsMA, iMACD.
20. signal_period = 9 - signal line period for iOsMA, iMACD.
21. Kperiod = 13 - K line period for iStochastic.
22. Dperiod = 5 - D line period for iStochastic.
23. slowing = 3 - slowing for iStochastic.
24. price_field = 0 - applied price for iStochastic.
25. showBars = 1000 - if = 0, the indicator is displayed for the entire chart.
26. Trend_Down = true - resistance lines.
27. Trend_Up = true - support lines.
28. TrendLine = true - support/resistance lines.
29. HandyColour = true.
30. Highline = Red - HL channel color.
31. Lowline = DeepSkyBlue - LL channel color.
32. ChannelLine = false - channels parallel to trend lines.
33. Trend = 0 - 1 = only for UpTrendLines, -1 = only for DownTrendLines, 0 = for all TrendLines.
34. Channel = false - channels.
35. Regression = true - Linear Regression Channel, false - Standard Deviation Channel.
36. RayH = true - ray for the High channel.
37. RayL = true - ray for the Low channel.
38. ChannelH = Red - color of the High channel.
39. ChannelL = DeepSkyBlue - color of the Low channel.
40. STD_widthH = 1.0 - deviation size for the CHANNEL High object.
41. STD_widthL = 1.0 - deviation size for the CHANNEL Low object.
42. comment = false - display comments.
43. code = 159 - character code of the Wingdings font to display the extremums.
44. BuyStop = false - BuyStop levels.
45. SellLimit = false - SellLimit levels.
46. SellStop = false - SellStop levels.
47. BuyLimit = false - BuyLimit levels.
48. Alerts = false - Enable/Disable trading alerts.
49. Email = false - Enable/Disable email trading alerts.
50. Push = false - Enable/Disable push trading alerts.


Recommendations :
Change the Complect parameter when attaching more than one indicator to the chart.

divergencepetr_s7

The indicator to trade Divergence.
One of 30 oscillators can be selected for the detection of the divergences.

Indicator values :

Extremes as points (red — Highs, yellow — Lows);
Divergence using the segments connecting the extremes;
The support/resistance lines as rays passing through the extremes;
Channels as rays.

Selection of the required oscillator is performed in the line by entering the oscillator number — the Osc parameter. By default, the RSI indicator is set (number 29).

Oscillator selection :

1. Accelerator
2. Accumulation/Distribution
3. Average Directional Movement Index
4. Average True Range
5. Awesome oscillator
6. Bears Power
7. Bulls Power
8. Commodity Channel Index
9. DeMarker
10. Force Index
11. Momentum
12. Money Flow Index
13. Moving Averages Convergence/Divergence
14. Moving Average of Oscillator
15. On Balance Volume
16. Relative Vigor Index
17. Standard Deviation
18. Stochastic Oscillator
19. Volume
20. Close
21. Open
22. High
23. Low
24. (H+L)/2
25. (H+L+C)/3
26. (H+L+C+C)/4
27. (O+C+H+L)/4
28. (O+C)/2
29. Relative Strength Index
30. Larry Williams' Percent Range
31. ... Relative Strength Index

The list of adjustable parameters :

1. Osc=29* — the number of the oscillator;
2. TH=true — bearish divergence;
3. TL=true — bullish divergence;
4. trend=true — support/resistance lines;
5. convergen=true — hidden divergence;
6. Complect=1 — the distinguishing index of the indicator on the chart;
7. BackSteph=0 — number of steps back h;
8. BackStepl=0 — number of steps back l;
9. BackStep=0 — number of steps back;
10. qSteps=1 — number of displayed steps, no more than three;
11. LevDPl=5 — DeMark level points (2 = the central bar will be above (below) the two bars on the left);
12. LevDPr=1 — DeMark level points (2 = the central bar will be above (below) the two bars on the right);
13. period=8 — period for iADX, iATR, iBearsPower, iBullsPower, iCCI, iDeMarker, iForce, iMomentum, iMFI, iRVI, iStdDev, iRSI, iRSI, iWPR;
14. ma_method=0 — averaging method for iStochastic, iStdDev, iForce;
15. ma_shift=0 — MA shift for iStdDev;
16. applied_price=4 — applied price for iRSI, iRSI, iStdDev, iOBV, iOsMA, iMACD, iMomentum, iForce, iCCIiBullsPower, iBearsPower, iADX;
17. mode=0 — line index for iStochastic, iRVI, iMACD, iADX;
18. fast_ema_period=12 — fast MA period for iOsMA, iMACD;
19. slow_ema_period=26 — slow MA period for iOsMA, iMACD;
20. signal_period=9 — signal line period for iOsMA, iMACD;
21. Kperiod=13 — K line period for iStochastic;
22. Dperiod=5 — D line period for iStochastic;
23. slowing=3 — slowing for iStochastic;
24. price_field=0 — applied price for iStochastic;
25. showBars=1000 — if = 0, the indicator is displayed for the entire chart;
26. Trend_Down=true — resistance lines;
27. Trend_Up=true — support lines;
28. TrendLine=true — support/resistance lines;
29. HandyColour=true;
30. Highline=Red — HL channel color;
31. Lowline=DeepSkyBlue — LL channel color;;
32. ChannelLine=false — channels parallel to trend lines;
33. Trend=0 — 1 = only for UpTrendLines, -1 = only for DownTrendLines, 0 = for all TrendLines;
34. Channel=false — channels;
35. Regression=true — Linear Regression Channel, false — Standard Deviation Channel;
36. RayH=true — ray for the High channel;
37. RayL=true — ray for the Low channel;
38. ChannelH=Red — color of the High channel;
39. ChannelL=DeepSkyBlue — color of the Low channel;
40. STD_widthH=1.0 — deviation size for the CHANNEL High object;
41. STD_widthL=1.0 — deviation size for the CHANNEL Low object;
42. comment=false — display comments;
43. code=159 — character code of the Wingdings font to display the extremums;
44. BuyStop=false — BuyStop levels;
45. SellLimit=false — SellLimit levels;
46. SellStop=false — SellStop levels;
47. BuyLimit=false — BuyLimit levels.

Recommendations :
- The color of the oscillator and the extremum points can be configured in the Colors tab.
- Change the Complect parameter when attaching more than one indicator to the chart.