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MetaTrader 5 Indicator | DivergenceBar

A signal indicator which points at the reverse bars based on Bill Williams' Profitunity system excluding the angulation relative to the Alligator indicator mouth.

  • Green marker (bullish reversal bar) — buy signal.
  • Red marker (bearish reversal bar) — sell signal.

The indicator has originally been written in MQL4 and was first published in the Code Base on 26.05.2015.

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Fig.1. The DivergenceBar indicator

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