All In One Divergence Indicator
Platform: MT4 Type: Pattern Last update: August 16, 2024The All In One Divergence indicator recognizes and marks divergences between price and the Relative Strength Index (RSI) technical indicator.
There are two types of divergences: bullish (upward price move) and bearish (downward price move).
It is pretty easy to follow the signals, simply follow these suggestions:
- In up trending market conditions, look for a bullish divergence to take place between price and the RSI indicator. There will be a yellow divergence line.
- In down trending market conditions, look for a bearish divergence to take place between price and the RSI indicator. There will be a red divergence line.