Introduction to the Regular RSI Divergence Indicator The Regular RSI Divergence Indicator is a custom forex indicator based on the Relative Strength Index (RSI). It displays its signals in the form of histogram bars. Green bars indicate a bullish momentum, and similarly, red bars reflect bearish momentum. Traders can utilize the divergences too. The Regular…
Tag: divergence indicators
Knoxville Divergence Indicator MT4
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,…
EFC Indicator
The EFC Indicator basic concept is to open position as a reversal trend is detected. As soon as RSI divergence is detected, the indicator puts buy/sell stop order at the level, which the price should reach to be sure the new trend starts. Since this EFC indicator works that same way as the RSI 80-20…
RSI Divergence Indicator MT4
Introduction to the RSI Divergence Indicator The RSI Divergence Indicator is a forex technical indicator for MT4 that shows a divergence between price and the Relative Strength Indicator. The classical RSI indicator is an oscillator that signals the two extremes of the market: oversold and overbought levels. Using the classic 14-period RSI, the sell signal…
Forex Mystery
Forex Mystery is a set of trading tools that are capable to solve many forex mysteries. Main ingridients of this strategy are: Candlestick Pattern Recognizer Forex Candlestick Tactics Divergence Pattern Recognizer Divergence Master Trader In the package forexmystery.rar you will find following files : CandlestickPatternRecognizer.mq4 IntelligentEA.mq4 IntelligentEA.pdf DivergenceMasterTrader.pdf ForexCandlestickTactics.pdf MagicForexCandlesticks.pdf MagicForexDivergence.pdf Bottom Line The Forex…
