The product was developed with a former hedge fund employee. The index finds bullish and bearish divergences between the price and the oscillator (you can pick in the RSI, MACD, Stochastics and CCI).
remember: Divergence means a divergence between momentum and price. Divergence signals are widely used by institutional traders to identify possible reversals.
- Simultaneous monitoring of 28 chief pairs. it is enough to run the indicator on one graph to track the entire market.
- Monitoring is carried out on all timeframes (M1-MN). when a divergence is detected, an alert is delivered to the dealer in real time.
- Look For Bearish: the search for a bearish divergence (True = Yes, False = no)
- Look For Bullish: search for bullish divergence (True = yes, False = No)
- Indicator: Select an indicator (available for RSI, MACD, Stochastics, and CCI)
- RSI Period: RSI period
- CCI Period: CCI period
- Fast EMA: Fast EMA (for the MACD)
- Slow EMA: Slow EMA (for the MACD)
- Signal SMA: Signal SMA (for MACD)
- K: for Stochastic
- D: For Stochastic
- Slowing: Slowing down (for Stochastic)
- Symbols: a pair of. By default, the indicator tracks 28 main pairs, but you can reduce their number.
- Use M1 TimeFrame: Use M1 timeframe (True = yes, False = No)
- Use M5 TimeFrame: Use the M5 timeframe (True = yes, False = No)
- Use M15 TimeFrame: Use the M15 timeframe (True = yes, False = No)
- Use M30 TimeFrame: Use the M30 timeframe (True = yes, False = No)
- Use H1 TimeFrame: Use H1 timeframe (True = yes, False = no)
- Use H4 TimeFrame: Use H4 timeframe (True = yes, False = no)
- Use D1 TimeFrame: Use D1 timeframe (True = yes, False = no)
- Use W1 TimeFrame: Use W1 timeframe (True = yes, False = no)
- Use MN1 TimeFrame: Use MN timeframe (True = yes, False = no)
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The attached screenshots show additional information. If you have any questions, please contact us.
Be sure to check out our other products and watch short videos. They contain a lot of additional information (including our trading recommendations).
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