Hey traders! Today, I want to share an exciting tool that could boost your trading strategy—the All-In-One Divergence Indicator for MetaTrader 4. This gem is based on the original code by Petr and has been enhanced by Aleh Sasonka, thanks to feedback from users like you.
Here’s what you can expect with this indicator:
- **Trading Alerts:** Get notified directly in your MetaTrader 4 terminal, via email, or even through push notifications.
- **Customizable Alerts:** You can enable or disable each alert type independently, giving you complete control.
- **User-Friendly Indicator List:** A dropdown menu featuring 30 indicators by their actual names instead of just numbers.
- **Signal Buffer:** Easily access the output value of the indicator.
- **Compatibility with Universalis MT4:** Import it, create your own automated trading strategies, and backtest with precision. Check out our step-by-step guide to get started!
Adjustable Parameters
Here are some key parameters you can tweak:
- Osc=29 - Set your oscillator number.
- TH=true - Enable bearish divergence signals.
- TL=true - Enable bullish divergence signals.
- trend=true - Show support and resistance lines.
- convergen=true - Enable hidden divergence.
- Complect=1 - Use this to differentiate your indicator on the chart.
- BackSteph=0, BackStepl=0, BackStep=0 - Control how many steps back the indicator looks.
- qSteps=1 - Number of displayed steps (up to three).
- LevDPl=5 - DeMark level points for left bars.
- LevDPr=1 - DeMark level points for right bars.
- period=8 - Set the period for various indicators like iADX and iRSI.
- ma_method=0 - Choose your averaging method.
- showBars=1000 - Display the indicator across the entire chart if set to zero.
- Trend_Down=true and Trend_Up=true - Enable resistance and support lines.
- HandyColour=true - Customize colors to your preference.
Examples






Recommendations
- When attaching multiple indicators to the chart, remember to adjust the Complect parameter for clarity.
Thanks for stopping by and happy trading!
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