Stochastic Divergence Indicator
The super tool to find divergences with classic Stochastic indicator. It supports alerts, multiple timeframes and different types of divergences.
CATEGORIES: TREND, MT4, SIGNAL, INFORMATIONAL
Updated on: 26.10.2023
Divergences occur when highs/lows on the price chart and highs/lows on the Stochastic Divergence Indicator chart show different dynamics.
Technical analysts distinguish:
Classical (or regular) divergences, which give signals of trend reversal.
Hidden divergences, which give signals of trend continuation.
Since divergences between price and indicator give a lot of false signals, consider the big picture. Give preference to sell signals in a bearish market and buy signals in a bullish market to increase the likelihood of profits.
How to look for divergences in Forex?
Try Stochastic Divergence Indicator for MT4, the best tool to look for divergences between price and the classic Stochastic oscillator.
Save time withd software.
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