Forex Divergence Indicators - Short explanation Disagreement between the indicator and price is called divergence. Divergence and convergence, as they are termed, are held to offer predictive value by the technical analyst, since their occurrence is less common than the usual parallel movements of the trend and the oscillator. Divergence and convergence helps the forex trader recognize and react appropriately to a change in price action. Almost all divergence indicators show divergence and convergenceof oscillator and price. Divergence is usually price movement determined in relationship to an oscillator indicator. We would like to propose divergence indicator based on oscillators: CCI, Momentum, MACD, RVI, Stochastic etc. Divergence indicators can be used as a leading indicators. Our MT4 and MT5 Divergence indicators based on fractal divergence. Learn more about fractal divergence... and contains hidden divergence features. Hidden divergence used as a strong signal for a trend resumption.
Super Divergence Indicators
Our company has developed a new type of divergence indicators – super divergence indicators. These indicators are a completely new solution for forex traders. This approach is our unique solution using BJF Trading Group know-how. Experienced traders know that in some market conditions, one type of indicator will give better signals than others. For example, some oscillators perform better when the market shows a trend, but will give many false signals in the lateral movement of the market and vice versa. Learn more...
Forex Divergence Indicators' Algorithm short explanation
- Search for significant peaks on the both metatrader chart and metatrader indicator;
- Match pairs of peaks from the chart to pairs of peaks from the metatrader indicator;
- Apply main divergence conditions to accept divergence pattern;
- Apply user defined filters.
Forex Divergence Indicators - The Benefits
Our Forex Divergence and Convergence Indicators are modern indicators with complex mathematic algorithm with hidden divergence
- We have successfully applied new optimized and reliable algorithm to detect divergence patterns
- You see divergenses on the both chart and indicator
Divergence is true perfect 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
- Indicator does not repaint of past signals
Divergence is customizable indicator
- Indicator has a lot of external parameters
- You can buy extra version with sound, popup and email alerts
- You can order the development of your custom expert based on divergence
Divergence is friendly indicator
- You can apply divergence on all pairs and timeframes
- We provide documentation with detailed description of external parameters