This multi oscillator, multi time frame and multi symbol indicator identifies when a divergence occurs between price and one, two or three indicators/oscillators. It identifies both regular/classical (trend reversal) and hidden (trend continuation) divergences. It has RSI and MA trend filter options which makes it possible to filter out only the strongest setups.  The indicator can write the signals to a file which can be used by an Expert Advisor for auto trading. For instance  this product.

It can be used in 3 ways:

• Can detect divergences for the following indicators/oscillators: MACD, Stochastics, OsMA, RSI, CCI, Awesome (AO), ADX, ATR, OBV, MFI, Momentum and Composite Index.
• Can monitor all symbols visible in your Market Watch window at the same time. Apply the indicator to just one chart and instantly monitor the entire market.
• Monitors every timeframe, from M1 to MN, and sends you a real-time alert when a divergence has been identified.
• The indicator includes an interactive panel. Please see separate screenshot for explanation.

It is enough to place the indicator on one chart and you will receive an alert from any symbol and any time frame of your choice.

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I recommend you to put the indicator on a EURUSD M5 chart, preferable a clean chart without any other indicators or Expert Advisors on it.

Please note that due to the multifunctionality neither buy and sell advice nor lines and arrows will be drawn on the chart.

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

Please also check out my other divergence products:

Divergence indicator

Divergence dashboard

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