Cluster indicator - Complex-pair with divergence alert

Code Base Indicators Cluster indicator - Complex-pair with divergence alert To post a new code, please log in or register

This library is for
MetaTrader 4

Download MT 4 - 5.5 Mb

Mobile trading!

Buy a license and be mobile in your trading!

Name:

Cluster indicator - Complex-pair with divergence alert

Author:

finimej (2009.08.05 14:39)

Rating:

Downloaded:

2640

Download:

cc_Divergence.mq4 (14.4 Kb) View

cc_divergence.gif (10.3 Kb)

Author:

the original complex-pair indicator is made by Simeon Semenych on http://articles.mql4.com/484.

Description:

How to use it? please refer to the nice artical by Simeon Semenych on http://articles.mql4.com/484.

This updated version added:
1) show and alert the divergence between the price and the complex-pair indicator
2) add a MA (period 2) signal line on the complex-pair line.

Recommendations,

This inidcator calculated only the MA of the current pair, it does not takes all other pairs into calculation. it best to be used on M30 and larger timeframe.

4 comments To post a new comment, please log in or register

Finimej or the original author of this perfect ind. would it be possible to run this indi. with A/D instead of MA or complex-pair.. Thus we will have volume effect in the out come which I believe results may be more promissing.. thanks in advance..

13.01.2010 16:05 telerater

What do you mean by (it does not take all other pairs into calculation)?

20.10.2009 22:44 427

nice work thanks.

09.08.2009 01:49 geordie

Nice indicator! May I ask that is this indicator "deterministic"? Or does it usually "repaint"? Thanks a lot.

Claude.

08.08.2009 14:48 claude