RenkoBandMacdDivergence

Indicator displays on the graph Renko bars, calculates and displays their data indicator Bollinger Bands, MACD and emits signals for purchase / sale on the basis of the divergence - divergence of the price movement and the oscillator.

Renco - specialized mapping price movement, wherein in the bar graph displays only the time slot, provided that the price has passed over a predetermined number of points. Renko bars are not tied to a time slot, so with the same efficiency indicator can be operated on any timeframe.

Points of divergence are measured at the exit points of the price beyond the upper / lower Bollinger line and return inside.

The signals are displayed on the graph in the form of the respective directions of the arrows, the message pop-up window, an email, a mobile device. LED also generates a user event EventChartCustom for use in the automation of the trade signal. Event generated indicator may be processed in OnChartEvent adviser function. The indicator reports the event handler parameters: id - identifier; sparam - text message.

Options

• RenkoBar - size Renko bar in (automatically converted to five-digit quotes);


• CountBars - Renko number of bars displayed on the chart;


• bearColor - the color of Bear Renko-bars;


• bullColor - Renko color bull-bar;


• hideBars - sign hide display of conventional bars on the graph;


• MacdFast, MacdSlow, MacdSignal - MACD parameters of the same name;


• MacdColor, MacdSignalColor - MACD color;


• BandPeriod, BandDev - the same parameter Bollinger;


• BandColor - color Bollinger lines;


• SignalBuyColor - the color of the signal arrows on the purchase;


• SignalSellColor - the color of the signal arrows on the sale;


• useAlert - warning pop-up window;


• useMail - notification by e-mail;


• useNotification - notification to the mobile device;


• CustomEventBuy - ID of the user event to buy (0 - ban);


• CustomEventSell - ID of the user event for Sale (0 - ban);

Video

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