PowerRVI Divergence Indicator
PowerRVI Divergence Generation III is modern indicator with complex mathematic algorithm (BJF Trading Group inovation). You will see divergenses on the chart and indicator. Arrows painted above/below the open bar and not in the past. You can see when actually you can trade. It is never to late! Signals based on closed bars so the arrows above/below open bar never disappear.
PowerRVI Divergence MT4 Indicator shows fractal divergence by PowerRVI indicator. When divergence arises between PowerRVI indicator and the price it means forthcoming end of current trend. The signal to buy comes when new Low-fractal is below the previous one, and corresponding PowerRVI meaning is above the previous one. The signal to sell comes when new Up-fractal is above the previous one and the corresponding PowerRVI meaning is below the previous one. The indicator has a lot of customizable settings.