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MetaTrader 5 Indicator | NHNL Divergence

The custom NHNL_Divergence indicator (based on the NHNL indicator) draws the HL index line in a separate window and displays found divergences in the indicator window and on the price chart.

The NHNL indicator is not required for the operation of NHNL_Divergence.

The indicator has three input parameters:

  • Period - the period for calculating High/Low indices of the NHNL indicator;
  • Bullish color - the color of bullish signal arrows and lines;
  • Bearish color - the color of bearish signal arrows and lines;

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