Introduction to the Knoxville Divergence Indicator
The Knoxville Divergence Indicator is a forex indicator for Metatrader 4 (MT4), that scans charts and displays divergences. Please note, Knoxville Divergences are quite rare, so you won’t find them very often on your charts, but when they occur, they can be very powerful.
It is a counter-trend indicator, so the appearance of KD is the suggestion for a potential price reversal (not a guarantee).
How to set up the Knoxville Divergence indicator in MT4?
Copy and paste the KnoxvilleDivergence.ex4 or KnoxvilleDivergence.mq4 indicator files into the MQL4 folder of the Metatrader 4 trading platform.
You can gain access to this folder by clicking the top menu options, which goes as follows:
File > Open Data Folder > MQL4 > Indicators (paste here).
Now go to the left side of your MT4 terminal. In the Navigator find the gauge name, right-click it and select Attach to the chart.
Knoxville Divergence Indicator MT4 Free Download.
To download the Knoxville Divergence Indicator for Metatrader 4 (MT4) for free just click the button below: