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Awesome Oscillator Divergence Indicator

Awesome Oscillator Divergence Indicator

by Dr.Hamdi Boukamcha
in MQ5

Awesome Oscillator Divergence Indicator

If worth is making greater highs, the oscillator must also be making greater highs. If worth is making decrease lows, the oscillator must also be making decrease lows.

If they’re NOT, meaning worth and the oscillator are diverging from one another. And that’s why it’s referred to as “divergence.”

Divergence buying and selling is an superior device to have in your toolbox as a result of divergences sign to you that one thing fishy is occurring and that it is best to pay nearer consideration.

Utilizing divergence buying and selling may be helpful in recognizing a weakening pattern or reversal in momentum. Generally you’ll be able to even use it as a sign for a pattern to proceed!

 

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