The “All-in-One Divergences Engine Indicator V11” for ProRealTime version 11 finds and plot on the graph the regular divergences for 10 types of oscillators.

The indicator draws the divergences found both on the price chart and on the oscillator graph.

The indicator can detect any type of divergence from the smallest to the largest, allows you to set the variables of the oscillators with your preferred parameters, allows you to work with different sizes or different oscillators simultaneously. It is a very powerful tool, which allows the trader to automate the search for divergences, to save time, and to catch the divergences that may not be clear to the human eye.

The divergences can be found on these 12 oscillators available:

• RSI = Relative Strength index oscillator
• MACD histo = Moving Average Convergence Divergence oscillator
• CCI = Commodity Channel index oscillator
• STO = Stochastic oscillator
• SMI = Stochastic Momentum index oscillator
• ADX = Average directional oscillator index
• MOM = Momentum oscillator
• MFI = Money Flow Index oscillator
• OsMA = Moving Average oscillator
• TRIX = Triple Exponential Average oscillator
• ROC= Rate of Change oscillator
• ULTIMATE OSCILLATOR

During the formation of the pattern, the last point can be modified, exactly as it happens in reality. We can never be sure that the moment of trend reversal, however in the doctrine of the analysis technique, the divergences pattern have always been those deemed most reliable, by professional traders.

Interface of the All-in-One Divergences Engine Indicator V11 is very simple:

1. Depth : Value of the period, between a new maximum and a new minimum. This variable affects the size of the Pattern
2. Deviation : It is the maximum of points to discard a new extremum. This variable affects the size of the Pattern.
3. Backstep : it is the maximum of bars to discard a new extremum and replace it, if a new one is found.
4. Barlimit:  it is the limit of the width that the divergence can have, expressed in bars of the graph.
5. OnPrice : Enable the view on the graph, of the “Divergences” found
6. IndicatorType : Select the indicator between 0 and 11:
   • RSI = Relative Strength index oscillator
   • MACD histo = Moving Average Convergence Divergence oscillator
   • CCI = Commodity Channel index oscillator
   • STO = Stochastic oscillator
   • SMI = Stochastic Momentum index oscillator
   • ADX = Average directional oscillator index
   • MOM = Momentum oscillator
   • MFI = Money Flow Index oscillator
   • OsMA = Moving Average oscillator
   • TRIX = Triple Exponential Average oscillator
   • ROC= Rate of Change oscillator
   • ULTIMATE OSCILLATOR
7. Period : It set period of the following oscillators: RSI ; CCI ; ADX ; MOM ; MFI ; TRIX.
8. SlowPeriod : It set period of the following oscillators: MACD ; OsMA.
9. FastPeriod : It set period of the following oscillators: MACD ; OsMA.
10. SignalPeriod : It set period of the following oscillators: MACD ; OsMA.
11. Kperiod : It set period of the following oscillators: STO ; SMI.
12. Ksmoothing : It set period of the following oscillators: STO ; SMI.
13. DoubleSmoothPeriod : It set period of the following oscillators: STO ; SMI.
14. MaxHistory: Maximum historical period of the divergences detected.(Reducing the value increases the processing speed of the indicator.)
15. DelaySignal: Divergence signal persistence bars (allows you to adjust the persistence time of the signal)
16. Scanner: Detect divergences in real time on all indicators simultaneously.  (By selecting this variable, the list of oscillators will appear on the right, if a divergence occurs an arrow will appear next to the name of the oscillator, indicating the direction of the signal. SEE PICTURE BELOW
17. VisualEffects: Color fill
18. HistoMacd: Detect divergence on histogram of MACD
19. CloseCande: To detect divergence at close level, instead of High-Low levels
20. Yset: Move the table on the Y axis, (up / down)
21. Xset: Move the table on the X axis, (left/ right)

SCANNER

Set Alarm:

In ProRealTime you can use the alarm to receive a real-time notification of the divergence signal.

1. Select the market
2. Select the time frame
3. Set the indicator on the chart or below the chart
4. Set the alarm

HOW TO APPLY INDICATOR ON THE CHART:

HOW TO AVOID CRUSHING OF THE CHART:

Advantages of using the “All-in-One Divergences Engine Indicator V11”:

Automatically discover regular divergences of 12 types of oscillators and plot them both on the price graph and on the oscillator graph :

• RSI = Relative Strength index oscillator
• MACD histo = Moving Average Convergence Divergence oscillator
• CCI = Commodity Channel index oscillator
• STO = Stochastic oscillator
• SMI = Stochastic Momentum index oscillator
• ADX = Average directional oscillator index
• MOM = Momentum oscillator
• MFI = Money Flow Index oscillator
• OsMA = Moving Average oscillator
• TRIX = Triple Exponential Average oscillator
• ROC= Rate of Change oscillator
• ULTIMATE OSCILLATOR
• ————————————————————————————-
• The indicator is completely customizable with a large range of settings available
• Filter the dimensions of detected divergences
• Frequent, repeatable, reliable and produce high probable setups
• Trading rules are relatively standardized
• Work well with defined Market Context, Symmetry and Measured Moves rules
• Work in all timeframes and in all market instruments
• Detect divergences in real time on all indicators simultaneously thanks to the integrated scanner
• We offer for free the SCREENER once you have bought this product.

This product works in any Futures, Forex or Stock/ETF Markets