Technical Indicators for MetaTrader 5

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MetaTrader 5

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Dema divergence points indicator MT4

dema-divergence-points-indicator-mt4-logo-200x200-1950
199 $149 $

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Information

Indicators
MetaTrader 4
Ekaterina Saltykova
1.10
5

Overview

Dema divergence points - is the manual trading system based on double exponental moving divergence.
Histogram represents 4 colors : yellow - strong up trend, orange - up movement, blue - down movement and aqua - strong down trend. 

Up arrow is poltted when dema crosses current price up - but phase is still strong down (aqua color), down arrow is poltted when dema crosses current price down - but phase is still strong up (yellow color).

Main inputs : 

  • mainPeriod - main dema calculation period;
  • filterPeriod - period for "phase" definition;
  • upPoint - filter point defines strong up trend starts;
  • mediumPoint - filter point highlights up/down movement;
  • dnPoint - filter point defines strong down trend starts;
Main indicator's features:

  • Signals are not repaint, late or disappear;
  • Every signal comes at the open of new bar(system uses only confirmed signals);
  • Indicator has Alerts, Mail and Push notifications(allow to trade out of PC, from smartphone/mobile app);
  • Indicator has profit/loss targets;

Recommendations for trading 

  • EUR/USD, GBP/USD, AUD/USD,USD/CHF, USD/CAD;
  • Best timeframes - from  M5 range till H4;



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