{"id":3287,"date":"2020-03-26T19:15:04","date_gmt":"2020-03-26T16:15:04","guid":{"rendered":"https:\/\/roboforex.com\/blog\/?p=3287"},"modified":"2026-05-26T10:53:06","modified_gmt":"2026-05-26T07:53:06","slug":"using-hidden-divergence-panel-indicator","status":"publish","type":"post","link":"https:\/\/roboforex.com\/blog\/2020\/03\/26\/using-hidden-divergence-panel-indicator\/","title":{"rendered":"Using Hidden Divergence Panel (HDP) Indicator in Trading"},"content":{"rendered":"\n

In this review, we will discuss a useful indicator Hidden Divergence<\/a> Panel<\/strong> (HDP<\/strong>). This indicator finds hidden divergences on the chart and generates trading signals<\/a> on their basis. You can buy the latest version of this indicator at the developers official website indicatorvaulthq.com<\/a>.<\/p>\n\n\n\n

<\/span>Hidden Divergence Panel: what is it based on?<\/span><\/h2>\n\n\n\n

As can be deducted from its name, the Hidden Divergence Panel indicator finds hidden divergences on the chart. A hidden divergence is the difference between the price chart values and the values of the chosen indicator (oscillator); it means that the current trend will most likely continue.<\/p>\n\n\n\n

The principle underlying a hidden divergence is similar to that of a normal direct divergence; only it should be looked for not counter but along with the current trend. The signals<\/a> of a hidden divergence may be called more correct from the point of tech analysis<\/a> because positions are opened in the direction of the actual trend.<\/p>\n\n\n\n

Hidden Divergence Panel is a holistic trading system that generates trading signals based on hidden divergences. For searching for and detecting hidden divergences, the MACD<\/a> indicator is used. For trend filtration, two EMAs<\/a> are used. The landmarks for Stop Losses<\/a> and Take Profits<\/a> are provided by the ATR<\/a> volatility<\/a> indicator.<\/p>\n\n\n\n

All information about hidden divergences found by the HDP is displayed right on the price chart, as well as on a special informational panel – Hidden Divergence Dashboard, situated right under the price chart. Clicking the desired instrument in the Chart, you can switch to the chart with a hidden divergence found right away.<\/p>\n\n\n\n

\"Hidden<\/a><\/figure>\n\n\n\n\n\n

<\/span>Installing and setting up Hidden Divergence Panel<\/span><\/h2>\n\n\n\n

The HDP indicator can easily be found on the Net. To start using it, download the file with the indicator and copy it in MetaTrader 4<\/a>. To do it, pen the Main Menu in MT4, proceed to File – Open data catalogue – MQL4 – Indicators<\/a><\/em> and copy the file of the indicator to this folder, then restart the terminal.<\/p>\n\n\n\n

Then add the indicator to the price chart via the Main Menu of the terminal: Insert – Indicators – User – Hidden Divergence Panel<\/em>. In the window with the indicator settings, you can change Input data. The settings are divided into several blocks.<\/p>\n\n\n\n

<\/span>Dashboard Settings<\/span><\/h3>\n\n\n\n