![]() ![]() How to trade using MT4 Divergence Indicator? Such approach provides the ability to see the market in a glance identifying the most potential pairs and timeframes to trade. We have designed this indicator in a form of a dashboard in order to allow you to visualize the most recent divergences across currencies and timeframes that interests you in your trading. ![]() The indicator will diverge with the price movement revealing the actual intentions of the market.įor example, a Stochastic making lower highs at the same time the price makes higher highs, may signal about a potential and soon trend reversal: The divergence concept states that a trend reversal (or trend continuation after the pullback) can be foreseen by analyzing the behavior of an indicator (RSI, Stochastic, MACD, etc). MT4 Divergence Indicator (Scanner) is a special tool that allows you to identify most common indicators divergences, that signal about trend continuation and what is more important – about trend reversal. ![]()
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