MT5-FXC iMACD DivergencE MT5

FXC iMACD-DivergencE MT5 Indicator

This is an advanced MACD indicator that finds trend-turn divergences on the current symbol. The indicator detects divergence between the MACD and the price movements as a strong trend-turn pattern.

Main features:

• Advanced divergence settings
  
• Price based on Close, Open or High/Low prices
• Give Buy/Sell open signals
• PUSH notifications
  
• E-mail sending
• Pop-up alert
• Customizeable Information panel

Input parameters:

• MACD Fast-EMA: The Fast-EMA variable of the MACD indicator.
• MACD Slow-EMA: The Slow-EMA variable of the MACD indicator.
  
• MACD SMA: The SMA variable of the MACD indicator.
  
• Symbol Applied Price: Applied price of the current symbol. It can be: Close, Open, Low(Buy)/High(Sell).
  
• Minimum A-B Price Movement (pip): Determines the minimum price movements between the A' and B' points of the divergence.
  
• Minimum A-B MACD Movement (point): Determines the minimum MACD value movements between the A' and B' points of the divergence.
  
• Minimum Bars Between A-B (bars): The number of minimum bars allowed between the A' and B' points.
  
• Maximum Bars Between A-B (bars): The number of maximum bars allowed between the A' and B' points.
  
• Buy Maximum A' MACD (OFF: 1): The maximum  MACD value of the A' point of the Buy divergence.
• Sell Minimum A' MACD (OFF: 0): The minimum MACD value of the A' point of the Sell divergence.
  
• Buy Highest MACD Between A-B (OFF: 1): The highest MACD value allowed between A' and B' points for Buy divergence.
• Sell Lowest MACD Between A-B (OFF: 0): The minimum lowest MACD value allowed between A' and B' points for Sell divergence.
  
• MACD-Divergence Lines (ON): Draws divergence lines to the indicator window at signals.
• Price-Divergence Lines (ON): Draws divergence lines to the price chart at signals.
  
• Signal Arrow (ON): Draws arrows to the chart at signals.
• PUSH Notification (ON): Sends PUSH notifications at signals.
• Pop-up Window Alert (ON): Sends pop-up alerts at signals.
  
• E-mail Sending (ON): Sends e-mails at signals.
• Infopanel (ON): Switch Turns the information panel on or off.
  
• Infopanel Color-1: Color-1 of the information panel.
  
• Infopanel Color-2: Color-2 of the information panel.
  
• Infopanel Color-3: Color-3 of the information panel.
  
• Infopanel Background (ON): Turns the background of the information panel on or off.
• Infopanel Background Color: Sets the background color of the information panel.
  
• Divergence Price-Line Buy-Color: Divergence Price-Line color of the Buy signs.
• Divergence Price-Line Sell-Color: Divergence Price-Line color of the Sell signs.
• Divergence Price-Line Width: Width of the Price-Line.
• Divergence Price-Line Style: Style of the Price-Line.
• Divergence MACD-Line Buy-Color: Divergence MACD-Line color of the Buy signs.
• Divergence MACD-Line Sell-Color: Divergence MACD-Line color of the Sell signs.
  
• Divergence MACD-Line Width: Width of the MACD -Line.
• Divergence MACD-Line Style: Style of the MACD-Line.
  
• A rrow Color Buy: Arrows color for Buy signals.
• Arrow Color Sell: Arrows color for Sell signals.
• Arrow Size: Size of the Arrows.
• Arrow Shift Buy (Low + X pip): With this parameter, you can shift the price of the Buy arrows relative to the Low price.
• Arrow Shift Sell (High + X pip): With this parameter, you can shift the price of the Sell arrows relative to the High price.
  
• Drawback (bars): Number of bars drawn divergence signs back in the past.

Information Panel:

• Price Applied: Applied price of the current symbol.
• MACD Settings: Settings of the MACD indicator.
  
• MACD Value[0,1]: MACD values at the last two bars.
  
• Last Divergence: Shows the time of the last divergence sign. The B' or S' represents the direction: Buy or Sell.
• Indicator(1): Shows the name of the indicator. The number in the parentheses represents the subwindow of the indicator.
  

Buttons:

• There are three little buttons at the right-upper corner of the information panel.
• RED button: It removes the indicator from the chart.
• WHITE button: Do nothing.
• GREEN button: It turns on or off the information panel.
  

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