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Stochastic divergence indicator |
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One of the most successful indicators showing the divergence. It was edited and programmed on the basis of forex indicator FX5_MACD_Divergence_V1.1
Stochastic divergence indicator is used to determine differences on the basis of forex indicator OsMA.
Using signals of divergence you should remember that the higher the interval, the stronger the signal, and the more movement after its working off.
Most beginning traders refuse to use signals of divergence in their trade. There is nothing unusual - the identification of divergence on the chart requires some skill and sometimes even professional traders can not observe some signals.
Stochastic divergence indicator displays the stochastic histogram and graphically displays the line of divergence and at the price chart and at stochastic histogram with arrows to entry. Each signal can be clearly seen with lines connecting the maxima / minima in the price chart a direction opposite to the line connecting the extreme of the indicator.
Stochastic divergence indicator itself is a good trading system. Excellent results are obtained for the day on the major currency pairs, a bit worse – hour timeframes. Coupled with the support and resistance levels or Bollinger bands, as well as the confirmation of large intervals of time create a powerful forex trading system.
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