kvak wrote: Wed Oct 15, 2025 5:07 am Here is combo indicator from MT5 version with labels counting trend.

PTR777 wrote: Sat Nov 08, 2025 7:05 pm Hi MrTools

Please add divergences - AI can't do that correctly

CrowdPanicMeter.mq4

• Indicator is above 2.0 level: Crowd is euphoric and price could soon fall.
• Indicator is below -2.0 level: Crowd is fearful and price could soon rebound.
• "Classic" divergences are an additional confirmation of a price reversal.
• "Hidden" divergences can be used as a signal that the trend will continue.

mrtools wrote: Sun Nov 09, 2025 12:46 pm Did this version with divergence and alerts.

PTR777 wrote: Sat Nov 08, 2025 7:05 pm Please add divergences - AI can't do that correctly

mrtools wrote: Sun Nov 09, 2025 12:46 pm Crowd Panic Meter with Divergences

mrtools wrote: Sun Nov 09, 2025 12:46 pm Crowd Panic Meter with Divergences

This indicator is designed to measure how "extreme" the current market prices are compared to recent history and represent the retail trader crowd "feeling" towards the market.

The indicator calculates a Z-score of the closing price over a given lookback period.
The Z-score is designed to show you how far the latest price deviates from its recent average in terms of standard deviations.

Interpretation

• Indicator is above 2.0 level: Crowd is euphoric and price could soon fall.
• Indicator is below -2.0 level: Crowd is fearful and price could soon rebound.
• "Classic" divergences are an additional confirmation of a price reversal.
• "Hidden" divergences can be used as a signal that the trend will continue.

Did this version with divergence and alerts.

ionone wrote: Sun Nov 09, 2025 11:02 pm arrows seem to repaint. or do they stay still after 2 bars instead of 1 ? I'm not sure. if they are you should not display the arrows 1 bar in the future this is misleading

ionone wrote: Sun Nov 09, 2025 11:02 pm arrows seem to repaint. or do they stay still after 2 bars instead of 1 ? I'm not sure. if they are you should not display the arrows 1 bar in the future this is misleading

sal wrote: Sun Nov 09, 2025 11:33 pm i think divergence arrow on next bar from arrow painted bar!.
anyone has this confirmation these arrows will not disappear on the arrow bar!!

mrtools wrote: Mon Nov 10, 2025 12:32 am Divergence arrows can and will repaint, it is using a zigzag calculation to determine highs/lows. Far as I'm aware there is no other way to calculate divergence.

ionone wrote: Mon Nov 10, 2025 1:37 am yes you can just use HH and LL it's better to have a non repainting than a repainting one