Points - indicate peaks found (fractals) of the indicator.
The red stripes - this is the maximum peaks (a weak signal that the price rollback little goes against the trend)
i-Divergency.mq4 - divergence in Stochastics
i-DivMACD.mq4 - divergence on MACD
If you want to analyze any other indicators - need to replace the line
Stochastic [ CurBuffer ] = iStochastic ( NULL , 0 , 5 , 3 , 3 , MODE_EMA , 0 , MODE_MAIN , CurrentCandle ) ; Stochastic [CurBuffer] = iStochastic (NULL, 0, 5, 3, 3, MODE_EMA, 0, MODE_MAIN, CurrentCandle);
Sometimes cause false alarms. Where much without them then?
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