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Mechanical divergence | Foreign exchange indicator download - MT4/MT5 resources

author EAcpu | 4 reads | 0 comments |
Sent to me again

Divergence indicator.. its approach is mechanical, I added stoch to help with entry, will post later.. play with it cool

Again, if it's posted on FF before I apologize

Paulus

Note - July 20, 2011

Due to the resurrection of this thread, the Forex Divergence and Stoch indicators are no longer used, please go to article 15, which is where I picked up this thread 18 months after it was originally posted

As a quick summary

We use OsMa set to 12/26/9 for diversity input We use OsMa set to 60/312/54 on the same chart to give us trend direction, roughly equivalent to the 15 minute timeframe of the TMA band for admission and TP eligibility

I'm leaving the original forex indicator here, some may find it useful

hidden divergence.gifdivergenc +stoch.gifdivergenc +stoch 1.gifnasdaq.gif
hidden divergence.gifdivergenc +stoch.gifdivergenc +stoch 1.gifnasdaq.gif
hidden divergence.gifdivergenc +stoch.gifdivergenc +stoch 1.gifnasdaq.gif
hidden divergence.gifdivergenc +stoch.gifdivergenc +stoch 1.gifnasdaq.gif
hidden divergence.gifdivergenc +stoch.gifdivergenc +stoch 1.gifnasdaq.gif
hidden divergence.gifdivergenc +stoch.gifdivergenc +stoch 1.gifnasdaq.gif

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