RSI Divergence Indicator is a modified version of the indicator RSI, allowing to work not only with overbought and oversold levels, but also to find the classic and hidden divergences. The indicator is universal and can be installed on any asset and any timeframe.
Characteristics of RSI Divergence Indicator
- Platform: Metatrader4
- Currency pairs: Any currency pairs (recommended Major)
- Trading Time: Around the clock
- Timeframe: M5 - W1
- Recommended broker: Alpari
Examples of signals RSI Divergence Indicator:
Of course, RSI Divergence Indicator can act as an independent source of trading signals to open long and short positions, but still better to use it with additional filters or as part of a trading strategy.
In the archive RSI_Divergence.rar:
- RSI Divergence.ex4
- RSI Divergence template.tpl
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