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Re: MT4 Divergence indicators List: How good are Divergences and Convergences?

Posted: Thu Jun 02, 2022 11:56 pm
by ChuChu Rocket
Hoping Mrtools can give it a shot because this may prove to be one very good indicator.

Intrest 1 wrote: Thu Jun 02, 2022 11:50 pm Add divergence to the gray line of the indicator please
Image

Re: MT4 Divergence indicators List: How good are Divergences and Convergences?

Posted: Fri Jun 03, 2022 12:05 am
by Intrest 1
ChuChu Rocket wrote: Thu Jun 02, 2022 11:56 pm Hoping Mrtools can give it a shot because this may prove to be one very good indicator.
In my opinion, these are the best divergences I have ever seen.

I would also like to get all similar Mladen indicators in which the indicator is recalculated through itself

Re: MT4 Divergence indicators List: How good are Divergences and Convergences?

Posted: Fri Jun 03, 2022 2:38 am
by moey_dw
mrtools wrote: Fri Jun 03, 2022 2:05 am 😯
Intrest 1 wrote: Thu Jun 02, 2022 11:50 pmAdd divergence to the gray line of the indicator please
rad........ pls mrtools it's great idea man πŸ™πŸ™πŸ™

Re: MT4 Divergence indicators List: How good are Divergences and Convergences?

Posted: Fri Jun 03, 2022 3:37 am
by Intrest 1
moey_dw wrote: Fri Jun 03, 2022 2:38 am rad........ pls mrtools it's great idea man πŸ™πŸ™πŸ™
I must add that the classic trade on divergence should be when the indicator crosses the zero level after the divergence. it would not be bad for this indicator to add the crossing of the middle level by this gray line, because these are also very accurate reversal signals. After divergences, such crossovers are strong signals

Re: MT4 Divergence indicators List: How good are Divergences and Convergences?

Posted: Fri Jun 03, 2022 3:49 am
by shinnosuke
Intrest 1 wrote: Thu Jun 02, 2022 11:50 pm Add divergence to the gray line of the indicator please
Image
Dear mr. Tools.
I think this is a good idea. Please considered this idea. :)

Best regards.

Re: MT4 Divergence indicators List: How good are Divergences and Convergences?

Posted: Fri Jun 03, 2022 5:13 am
by mrtools
Intrest 1 wrote: Thu Jun 02, 2022 11:50 pm Add divergence to the gray line of the indicator please
Added divergence.

PS: For a setup template based on Intrest 1's rules for entry, please see: ADXm Divergence setup.

Re: MT4 Divergence indicators List: How good are Divergences and Convergences?

Posted: Fri Jun 03, 2022 8:00 pm
by Jimmy
Intrest 1 wrote: Fri Jun 03, 2022 3:37 am I must add that the classic trade on divergence should be when the indicator crosses the zero level after the divergence. it would not be bad for this indicator to add the crossing of the middle level by this gray line, because these are also very accurate reversal signals. After divergences, such crossovers are strong signals
ADXm Divergences chart setup for MT4

Great input brother, this is definitely the most important trigger for the entry. Outstanding idea and thank you for giving us the information we need.

Within the template below traders can find the indicator adjusted according to Intrest 1's rules:

  • ADXm calculating mode set to: ADXm of ADXm
  • ADXm period: 14
  • Divergences shown: Classic

Don't forget

  • Trade the Divergence only when the indicator crosses the Zero level after the Divergence ☝️

Thank you Mrtools for making this idea happen!

Re: MT4 Divergence indicators List: How good are Divergences and Convergences?

Posted: Fri Jun 03, 2022 8:28 pm
by Intrest 1
Jimmy wrote: Fri Jun 03, 2022 8:00 pm ADXm Divergences chart setup for MT4

Great input brother, this is definitely the most important trigger for the entry. Outstanding idea and thank you for giving us the information we need.

Within the template below traders can find the indicator adjusted according to Intrest 1's rules:

  • ADXm calculating mode set to: ADXm of ADXm
  • ADXm period: 14
  • Divergences shown: Classic

Don't forget

  • Trade the Divergence only when the indicator crosses the Zero level after the Divergence ☝️

Thank you Mrtools for making this idea happen!
Image
rsi_of_rsi and adxm_of_adxm are very interesting indicators, they are faster than their classic versions.
I would like to have all such Mladen indicators that are recalculated through themselves.
I would be grateful for all possible versions of such indicators

Re: MT4 Divergence indicators List: How good are Divergences and Convergences?

Posted: Sat Jun 04, 2022 5:39 pm
by Intrest 1
Why not create a separate topic for indicators like rsi_of_rsi and adxm_of_adxm?
Perhaps someone will post other versions from their archives. Or maybe Mladen will please us with new indicators of such a plan

I would make such a topic myself, but I don’t know how to describe the principle of creating these indicators, so it would be better when a specialist does it

Re: MT4 Divergence indicators List: How good are Divergences and Convergences?

Posted: Wed Jun 08, 2022 11:42 pm
by uradello
I want give my help in order to trade divergences: I wrote this doc many years ago but is still very good...may be some of you will be able to do an EA.
the only thig I change today is the moving average
the doc is in italian , so traslate it with google traslator
good reading