Divergences Indicator

Here you can post and download custom indicators. PLEASE: Do not start topics unless you are posting your own indicator, they will be moved to appropriate section even if you do.

Moderator: admin

Divergences Indicator

Postby Apprentice » Mon Oct 19, 2020 3:09 am

EURUSD m1 (10-19-2020 1008).png


As you know, divergence can be problematic to implement.
Based on the above specifications, this is my attempt.
We use fractals are used as a reference point, other alternatives, like zig zag should be considered.

The indicator is designed as a helper only, and will not provide any alert.
Only most recent pivot points are consiresed, historical alert are not provided.

This is only a starting point to build on, your suggestions are welcome, feel free to modify.
Divergences Indicator.lua
(8.74 KiB) Downloaded 86 times

Divergences Oscillator.lua
(19.92 KiB) Downloaded 81 times
User avatar
FXCodeBase: Confirmed User
Posts: 27984
Joined: Thu Dec 31, 2009 11:59 am
Location: Zagreb, Croatia

Return to Custom Indicators

Who is online

Users browsing this forum: No registered users and 11 guests