All In One Divergence Indicator
Platform: MT4 Type: Pattern Last update: November 3, 2024The All In One Divergence indicator for MT4 recognizes and marks divergences between price and the Relative Strength Index (RSI).
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. 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. There will be a red divergence line.
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