Divergence Pro
Divergence Pro
Description
Multi-timeframe divergence scanner with advanced filtering options. This powerful tool automatically detects and analyzes various types of divergences across multiple timeframes, helping traders identify high-probability reversal opportunities.
Key Features
- Regular and hidden divergence detection
- Multi-timeframe scanning
- Advanced filtering system
- Customizable indicators
- Real-time alerts
- Historical divergence analysis
Technical Specifications
- Platform: MetaTrader 4 & 5
- Version: 2.4.0
- Last Update: January 2024
- Compatible With: Windows, Mac (via MT4/5)
Installation Steps
- Download the indicator from MQL5 marketplace
- Open your MetaTrader platform
- Go to File > Open Data Folder
- Navigate to MQL4/MQL5 > Indicators folder
- Copy the downloaded file into this folder
- Restart MetaTrader
- Find the indicator in your Navigator window
Getting Started
After installation, you can start using the scanner by following these steps:
- Add the indicator to your chart
- Configure the divergence types you want to scan for
- Set up your preferred timeframes
- Adjust the filtering parameters
- Configure alert settings
- Monitor for divergence signals
Frequently Asked Questions
What types of divergences does it detect?
The scanner detects regular bullish/bearish divergences, hidden bullish/bearish divergences, and multiple timeframe confluences.
Can I use custom indicators for divergence?
Yes, you can use any custom indicator that outputs numerical values for divergence detection.
How far back does it scan?
The scanner can analyze historical data up to 5000 candles back, allowing for comprehensive pattern analysis.