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MT5 / 036

RSI divergence

Indicator in useParameter settingsContact

Overview

RSI divergence · MT5

Platform: MetaTrader 5 · Separate window

  • Calculation period: the number of bars used by the indicator.
  • Applied price: selects the price used in the calculation.
  • Arrow display: size, distance or visibility of signal markers.
  • Divergence display: controls divergence types, markers and trend lines.
  • Notification switch: controls alerts, popups or email. Email requires terminal configuration.
  • Alert bar: 0 is the current bar; 1 is the previous closed bar.

1. Indicator in use

RSI divergence · Indicator in use
Actual MT5 screenshot using offline demonstration data.Click the image to view full size

2. Parameter settings

RSI divergence · Parameter settings
MT5 runtime parameter display. Alerts and messages are disabled for the screenshot instance; product defaults are listed below.Click the image to view full size
ParameterDefaultHow to use
RSI PerDefault9How to useCalculation period: the number of bars used by the indicator.
Parameter · Applied priceDefaultPRICE_CLOSEHow to useApplied price: selects the price used in the calculation.
Arrow sizeDefault1How to useArrow display: size, distance or visibility of signal markers.
Show level linesDefaultEnabledHow to useCalculation period: the number of bars used by the indicator.
Draw main-chart trend linesDefaultEnabledHow to useDivergence display: controls divergence types, markers and trend lines.
Draw indicator trend linesDefaultEnabledHow to useDivergence display: controls divergence types, markers and trend lines.
Classic divergenceDefaultEnabledHow to useDivergence display: controls divergence types, markers and trend lines.
Hidden divergenceDefaultDisabledHow to useDivergence display: controls divergence types, markers and trend lines.
Enable alertsDefaultEnabledHow to useNotification switch: controls alerts, popups or email. Email requires terminal configuration.
Alert barDefault2How to useAlert bar: 0 is the current bar; 1 is the previous closed bar.

Installation and use

Place the indicator file in the terminal’s MQL4 / MQL5 → Indicators folder, refresh Navigator, then drag it onto a chart.

MT5 · Indicators

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Platform editions

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