Divergence – indicator for MetaTrader 4
If the blue bar is directed upwards, the price will also go up. Downwards – likewise.
Dots indicate the identified peaks (fractals) of the specified indicator.
Red bars are the maximum peaks (weak signal that the price will “roll back” and slightly move against the trend)
i-Divergency.mq4 – divergence based on stochastic
i-DivMACD.mq4 – divergence based on MACD
If you want to analyze any other indicators – replace the line
with the required one
There can also be false signals. Can’t do without them.
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