
Regular RSI Divergence Indicator
Platform: MT4 Type: Pattern Last update: October 27, 2024The Regular RSI Divergence Indicator for MT4 displays its signals in the form of histogram bars, which is pretty unusual for this type of gauge. Nonetheless, green bars indicate a bullish momentum, and similarly, red bars reflect bearish momentum. Of course, traders can utilize the divergences too, even there is different form of the provided readings.
Example chart:
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