This indicator is based on code from the original author Petr, published by Aleh Sasonka.

As per users' requests in comments, some improvements were made, specifically:

• Trading alerts (Alerts in MetaTrader 4 terminal, Email notifications, Push notifications).
• Inputs to enable/disable each alert type separately.
• Dropdown list of 30 indicators with real names instead of numbers.
• Signal buffer (Indicator output value).
• Indicator is compatible with Universalis MT4, you can import it, create your own automated strategy and backtest with high precision (step-by-step guide).

Adjustable Parameters

• Osc=29 - the number of the oscillator.
• TH=true - bearish divergence.
• TL=true - bullish divergence.
• trend=true - support/resistance lines.
• convergen = true - hidden divergence.
• Complect = 1 - the distinguishing index of the indicator on the chart.
• BackSteph = 0 - number of steps back h.
• BackStepl = 0 - number of steps back l.
• BackStep = 0 - number of steps back.
• qSteps = 1 - number of displayed steps, no more than three.
• LevDPl = 5 - DeMark level points (2 = the central bar will be above (below) the two bars on the left).
• LevDPr = 1 - DeMark level points (2 = the central bar will be above (below) the two bars on the right).
• period = 8 - period for iADX, iATR, iBearsPower, iBullsPower, iCCI, iDeMarker, iForce, iMomentum, iMFI, iRVI, iStdDev, iRSI, iRSI, iWPR.
• ma_method = 0 - averaging method for iStochastic, iStdDev, iForce.
• ma_shift = 0 - MA shift for iStdDev.
• applied_price = 4 - applied price for iRSI, iRSI, iStdDev, iOBV, iOsMA, iMACD, iMomentum, iForce, iCCIiBullsPower, iBearsPower, iADX.
• mode=0 - line index for iStochastic, iRVI, iMACD, iADX.
• fast_ema_period = 12 - fast MA period for iOsMA, iMACD.
• slow_ema_period = 26 - slow MA period for iOsMA, iMACD.
• signal_period = 9 - signal line period for iOsMA, iMACD.
• Kperiod = 13 - K line period for iStochastic.
• Dperiod = 5 - D line period for iStochastic.
• slowing = 3 - slowing for iStochastic.
• price_field = 0 - applied price for iStochastic.
• showBars = 1000 - if = 0, the indicator is displayed for the entire chart.
• Trend_Down = true - resistance lines.
• Trend_Up = true - support lines.
• TrendLine = true - support/resistance lines.
• HandyColour = true.
• Highline = Red - HL channel color.
• Lowline = DeepSkyBlue - LL channel color.
• ChannelLine = false - channels parallel to trend lines.
• Trend = 0 - 1 = only for UpTrendLines, -1 = only for DownTrendLines, 0 = for all TrendLines.
• Channel = false - channels.
• Regression = true - Linear Regression Channel, false - Standard Deviation Channel.
• RayH = true - ray for the High channel.
• RayL = true - ray for the Low channel.
• ChannelH = Red - color of the High channel.
• ChannelL = DeepSkyBlue - color of the Low channel.
• STD_widthH = 1.0 - deviation size for the CHANNEL High object.
• STD_widthL = 1.0 - deviation size for the CHANNEL Low object.
• comment = false - display comments.
• code = 159 - character code of the Wingdings font to display the extremums.
• BuyStop = false - BuyStop levels.
• SellLimit = false - SellLimit levels.
• SellStop = false - SellStop levels.
• BuyLimit = false - BuyLimit levels.
• Alerts = false - Enable/Disable trading alerts.
• Email = false - Enable/Disable email trading alerts.
• Push = false - Enable/Disable push trading alerts.

Examples

Recommendations

• Change the Complect parameter when attaching more than one indicator to the chart.