Angle Regression Line with Diverg

Angle Regression Line with Divergence

The indicator can accurately determine the strength and direction of the trend. The histogram in a separate window shows a change in the angle of inclination of the regression line. Signal to enter the transaction is crossing the zero line, and (or) the divergence. It is also convenient to use indicator for the wave analysis.

Input parameters:

• Period - calculation period, by default 24;


• CalculatedBar - the number of bars to display divergence default 300;


• AngleTreshold - angle at which the flat is displayed by default 6.0 (range -6.0 to 6.0);


• DisplayDiverAlert - inclusion of divergence warning, default true;


• DisplayCrossZeroAlert - The annunciation of the zero-crossing, default true;


• DrawIndicatorTrendLines - device to display trend indicator lines at divergence default true;


• DrawPriceTrendLines - the phone to display the trend lines on the chart with the divergence, default true;


• LineBullDiverColor - the choice of color of the trend line with the bullish divergence on Green default;


• LineBearDiverColor - the choice of color of the trend line of bearish divergence, the default Red.

Currency pair - Any. Timeframe - any. Screenshots: GBPUSD on the M15, a real bargain for EURUSD for M15.

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