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Forex divergence

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forex divergence

Custom "Force-Volume-Divergence" indicator is a trend-momentum indicator programmed for Metatrader 4 plataform. Timeframe Divergence Financial Markets: Custom Force-Volume-Divergence Indicator is based divergence 3 main significatives, that professional traders always use forex trading systems.

It is a very important aspect of technical analysis, to identify the forces that appears forex the begginning of new trend. If new trend has big force index in many cases we take a very good profit. Forex when new trend shows low force index, the comming trend always weak and opened trade forex get loosing.

That is why it is so important to be able to identify trend force before you place an order. Up Bull trend is considered to be strong and stable, if the volume index increases and price moves up. When the price starts to decrease, and the volume is reduced, it always mean that the upward trend is in the end phase. The price still may rise slightly, but as soon as the Bear traders take sell control, the price will get down. And this you can also predict using volume index.

Divergence is an early indication of how the market will behave in the near future. Before a market price starts reverse movement, it usually reaches last peak, divergence divergence index shows us, that price does not have power divergence continue divergence movement in the same direction. Custom Force-Volume-Divergence Indicator is a combination of this main indexes and it shows us the best price level to enter in a forex, because it is the main aim of this indicator.

It gives us a lot of profitable entrance levels. It does not repaint and late. In the pictures Force-Volume-Divergence" indicator in action. Forex your opinion, can help everyone to understand the forex strategy. Peter Friday, 07 October Please, can it be used on the Daily Time Frame and what is the settings? Peter Thursday, 06 October divergence FXD Tuesday, 04 October Scalping and intraday indicator for trading.

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forex divergence

4 thoughts on “Forex divergence”

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