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the¬†multi time frame and multi symbol¬†divergence dashboard index sends an alert when one or two distinct divergences have been identified on many time frames. It may be used with time frames from M1 into MN. Max. 9 time frames can be shown in the dashboard at the same time. it’s possible to enable moving average, RSI or Bollinger bands trend filter to filter out just the most powerful hinges.

The free version of this indicator can be downloaded here  for testing before you decide to buy/rent. It is limited to EURUSD, GBPUSD and USDJPY and contains no support for mail and push alerts.

The free version of this indicator can be downloaded here  for testing before you decide to buy/rent. It is limited to EURUSD, GBPUSD and USDJPY and contains no support for mail and push alerts.

  • The indicator can¬†write the signals to global variables which can be used by an Expert Advisor for auto trading.¬†For instance¬†this product.
  • Can detect divergences for following oscillators/indicators:¬†MACD,¬†Stochastics, OsMA, RSI, CCI, Awesome, OBV, ADX, ATR, MFI, Momentum and Accelerator.
  • It is possible to select up to 9 time frames to be used.
  • Continuously performs a divergence rank sorting within the dashboard. It is possible to disable this sorting though to make it easier finding a specific symbol. The symbols will then be visible in the same order as they have been entered in the Symbols parameter or in the order they are visible in the Market Watch window.
  • By clicking inside a rectangle a new chart will be opened with the symbol and time frame in question.
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It is enough to place the indicator on one chart and you will receive an alert from any symbol of your choice.

Both regular/classical (trend reversal) and hidden (trend continuation) divergences will be taken into consideration. Hence there could be a regular divergence and at the same time a hidden divergence on another time frame. Please see screenshot #3 below. The example is showing divergences from 2 indicators but it could also be from one and the same indicator. It is possible though to set if to use only regular or only hidden divergences by changing a parameter.

Please find the description and explanation of the input parameters here.

Please find the description and explanation of the input parameters here.

Please note that this indicator is not supported in the strategy tester. It will also not draw lines and arrows or sell and buy advice on any chart.

I recommend putting the indicator on a M5 chart. A clean chart without any other indicators or Expert Advisors on it. The indicator will be loaded to an indicator window which you can then expand to cover the whole chart.

Please note that this indicator is not supported in the strategy tester. It will also not draw lines and arrows or sell and buy advice on any chart.

I recommend putting the indicator on a M5 chart. A clean chart without any other indicators or Expert Advisors on it. The indicator will be loaded to an indicator window which you can then expand to cover the whole chart.

Please also check out my other divergence and dashboard products:

Divergence indicator

Double divergence scanner

Trend dashboard

Our Useful Features & Services

Published

18 March 2019

Updated

12 October 2020

Current Version

2.4

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Lucky Pal January 12, 2021 5:58 pm
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Fantastic indicator for trading divergences on multiple time frames with both simultaneous and individual alignment. Definitely suggested!

Bruno Cano January 12, 2021 5:57 pm
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Fantastic index, on the other hand Jan is an exceptional person that has managed to answer my own questions quickly and easily.
I suggest this index.

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