Combination Divergence Indicator (for Many Indicators)

This is a Divergence indicator converted from tradingview.

This MT4 indicator can display Divergences for:

• MACD
• MACD Histogram
• RSI
• Stochastic
• CCI
• Momentum
• OBV (On Balance Volume)
• Volume Weighted MACD
• Chaikin Money Flow
• Money Flow Index

You can choose the number of minimum divergences to plot, and what indicators to use.

PS: For a template which uses this indicator for finding strong divergences, please try: 1H Divergence setup template and for the MT5 version by Cagliostro, please see: M.O.A.D Mother Of All Divergences indicator for MT5.

For more divergence indicators and discussion please see: MT4 Divergences thread

ffsss wrote: Sat Dec 11, 2021 11:42 pm This is a Divergence indicator converted from tradingview.

From time to time (see: screenshot) I get the text "text".
Pretty unclear what it refers to and how to get rid of it.

josi wrote: Sun Dec 12, 2021 12:49 am From time to time (see: screenshot) I get the text "text".
Pretty unclear what it refers to and how to get rid of it.

They must be divergences too i guess. Set "Show indicator names" to First letter or Dont show and it should work.

ffsss wrote: Sat Dec 11, 2021 11:42 pm This is a Divergence indicator converted from tradingview.

a very nice code indeed sir......... getting ready to do live test with it thx man

This looks like a neat Divergence indicator which covers a good range of classic tools.

This indicator displays Divergences for:

• MACD
• MACD Histogram
• RSI
• Stochastic
• CCI
• Momentum
• OBV (On Balance Volume)
• Volume Weighted MACD
• Chaikin Money Flow
• Money Flow Index

Very nice to see it packed into one code. I think it's a really handy analysis tool with great potential ahead

ffsss wrote: Sat Dec 11, 2021 11:42 pm This is a Divergence indicator converted from tradingview.
Here is the original one
You can choose the number of minimum divergences to plot, and what indicators to use.

i am not an EA trader, but i feel like this one will be great to use like exit indicator. For me, it feat well my strategy... if i can reduce my work why not... if someone could make an EA that exit me from a position and put a close SL when the price is oversold or overbought, i think it will be a great idea for an EXIT EA... And i know, i know it will feat many strategy and will be very usefull for the who know what strategy to use with it... i wonder if anybody there is interested

Or if anybody got something similar to share it would be nice to. I just wanna complete my system and make it easy for me and i dont know if somebody will consider my post but any way, thanks for such a good indicator.

amazing indicator thank you for sharing it. the only thing is that it causes freezing on my mt4 when i change TF it takes time to load.

i turned of all types except for RSI to make it lighter but still it freezes. anyone can please suggest settings to make it lighter?

paymanz wrote: Mon Jan 17, 2022 8:31 pm amazing indicator thank you for sharing it. the only thing is that it causes freezing on my mt4 when i change TF it takes time to load.

i turned of all types except for RSI to make it lighter but still it freezes. anyone can please suggest settings to make it lighter?

limit the number of bars processed

ionone wrote: Mon Jan 17, 2022 11:39 pm limit the number of bars processed

tried maximum bars to check and it didnt help...

there is no other settings in that regard from what i see. i wish i knew the developer.

paymanz wrote: Tue Jan 18, 2022 1:59 am tried maximum bars to check and it didnt help...

there is no other settings in that regard from what i see. i wish i knew the developer.

Yes when you change timeframes with the indicator on chart it might take some time.