Momentum Divergence Indicator
Momentum Divergence Indicator Generation III is modern indicator with complex mathematic algorithm (BJF Trading Group innovation). 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.
Momentum - Div MT4 Indicator shows fractal divergence by Momentum indicator . When divergence arises between Momentum indicator and the price it signal forthcoming end of current trend. The signal to buy comes when new Low-fractal is below the previous one, and corresponding Momentum meaning is above the previous one The signal to sell comes when new Up-fractal is above the previous one and the corresponding Momentum meaning is below the previous one. The indicator has a lot of customizable settings.