FX5 Divergence and signal

[Alexander.Gettinger]

This indicator corresponds to MT4 indicator: viewtopic.php?f=27&t=596

1. FX5 Divergence oscillator.

FX5.lua

(7.37 KiB) Downloaded 2231 times

2. FX5 Divergence Indicator. Shows trend lines on the prices. The FX5.lua must be also installed.

FX5_1.lua

(2.8 KiB) Downloaded 1938 times

The indicator was revised and updated

[Alexander.Gettinger]

3) FX5 Divergence Signal. Signals when the divergence is detected (pay attention that signal happens two candles past the detected trend). The FX5.lua must be also installed.

FX5_Signal.lua

(2.69 KiB) Downloaded 1526 times

[artemis7]

Hi Alexander,

I'm sorry but I have an error during the loading of the FX5_Signal. Comments abour error are "[string "FX5_Signal.lua"] 2:attempt to index global 'strategy' (a nil value).

Thanks for helping.

Have a nice day,

Marie

[Nikolay.Gekht]

Please, load the signal via Signals->Manage Custom Signals.
Here is step-by-step the instruction how to install signals:
viewtopic.php?f=29&t=602

[artemis7]

Thanks! Got it. Sorry

[claudix17]

HI,

Please , can you help , whith more explanation when the signal say "sell" for example. I can`t see exacly a real sell signal .

regards
claudio

[Nikolay.Gekht]

Here is some discussion on how to use the FX Div. indicator:
http://www.forexfactory.com/showthread.php?p=1434649
If you find more information - please publish it as well.

[nick818]

is their a way to get the signal to sync with the actuall 'arrow' signal in the FX5 indicator and not 2 candles past????

[Nikolay.Gekht]

There is no "actual" arrows. If you read the indicator carefully, you find that the arrow is put in the fractal-like method, i.e. it requires two bars before and two bars AFTER the tested bar. So, the "actual" arrow is the arrow "two bars ago".

The put arrow on the actual bar is equal to predict that the NEXT (future) two bars will be higher/lower that the current bar, i.e. predict that the current point is an extremum. That is equal to say: "predict the market". I would love to be able to predict market. But...

[joel.pena]

Hello Nikolay,

Is there a way to change the program form 2 candles to 1 candle before and after? Thanks in advance.