the index is designed to find the best divergences between the purchase cost/MACD and the price/RSI. The MACD and the RSI form the best divergence signals, so this index focuses on both of these types of divergences.
The index scans around 30 tools for bullish and bearish divergences on 8 timeframes.
The index should only be installed on one graph! The index then automatically scans all of the configured tools and timeframes.
To maximize the potential of the scanner, read the full description (in English): www.mql5.com/en/blogs/post/718074
The indicator concurrently checks for both types of divergences (MACD / RSI), if one of the divergence checks is not disabled.
You can download the free demo version here: https://www.mql5.com/ru/market/product/28497
- alertsLong: True = yes, False = no-if true, enable alerts for purchases when “bullish divergences” occur”
- alertsShort: True = yes, False = no-if true, enable alerts for sales when “bearish divergences” occur”
- alertsViaMT4: True = yes, False = no-enable alerts in the MetaTrader 4 terminal if true
- alertsViaEmail: True = yes, False = no-enable sending alerts by email if true
- alertsViaPush: True = yes, False = no-enable push notifications on mobile devices if true
- alertsM1: True = yes, False = no-if true, enable search for divergence signals on M1
- alertsM5: True = yes, False = no-if true, enable search for divergence signals on M5
- alertsM15: True = yes, False = no-if true, enable search for divergence signals on M15
- alertsM30: True = yes, False = no-if true, enable the search for divergence signals on the M30
- alertsH1: True = yes, False = no-if true, enable the search for divergence signals on H1
- alertsH4: True = yes, False = no-if true, enable the search for divergence signals on H4
- alertsD1: True = yes, False = no-if true, enable search for divergence signals on D1
- alertsW1: True = yes, False = no-if true, enable search for divergence signals on W1
- alertMACD: True = yes, False = no-if true, enable the search for divergence signals between the price and the MACD indicator
- alertRSI: True = yes, False = no-if true, enable the search for divergence signals between the price and the RSI indicator
- macd_fastEMA: the period of the fast EMA of the MACD indicator
- macd_slowEMA: period of slow EMA of the MACD indicator
- macd_signalSMA: The signal EMA period of the MACD indicator
- period: the period of RSI
- templateName – when you click on the button on the chart (with the symbol name), the corresponding chart opens, to which the template with the specified name is applied
- checkEveryXSeconds-every X seconds, the indicator checks the next symbol/timeframe for a divergence signal
- i1-i30-specify up to 30 instruments to check for a divergence signal