FX5 MACD
Divergence Indicator
finds differences in the chart readings of the MACD indicator and the price
chart (divergence). FX5 MACD Divergence V1.1 graphically shows the divergence
on the chart and the arrows indicate the expected price movement.
We have
already dismantled a similar indicator called MACD Divergence Indicator.
In fact FX5 MACD Divergence Indicator can be used to find the divergence on any
currency pair and any time frame. But usually on the higher time frames (H1 and
higher) the signal quality is better.
Characteristics
of the FX5 MACD Divergence Indicator
- Platform: Metatrader4
- Currency pairs: Any pairs
- Trading Time: Around the clock
- Timeframe: Any
FX5 MACD
Divergence V1.1 no repaint. But it shows divergence on the chart with a delay
of one candle. But that's OK, because even in this case, many of its signals
are accurate:
fx5_macd_divergence_v1.1 .rar
