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Price Divergence for MT5

The indicator illustrates the divergence between the price movements of two financial instruments, such as EURUSD and GBPUSD or US500 and US30 or Gold and Silver. These divergences are plotted in the form of segments on the price chart of the dominant instrument. The dominant instrument refers to the one that exhibits a stronger bullish trend in the case of a bullish divergence, or a stronger bearish trend in the case of a bearish divergence. Investors are encouraged to independently seek correlated financial instruments that would work well with this indicator.

The trading strategy involves considering opening a long position when a bullish divergence is observed, or opening a short position when a bearish divergence occurs. It is recommended to use simultaneously other indicators for entry confirmation, particularly those that identify trends.

While many signals may result in a break-even or stop-loss outcome, there are instances that offer high risk:reward (R:R) ratios. The user has the discretion to determine whether these high R:R ratios offset the losses incurred from other setups.

The enclosed screenshots relate to the divergence between EURUSD and GBPUSD on the M5 timeframe where EURUSD is a leading instrument.








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4.17 (6)
Voici IX Power - l'outil ultime pour décupler la précision de vos transactions ! Conçu avec la même précision imbattable que FX Power, IX Power vous permet de maîtriser n'importe quel symbole de trading, des indices et des actions aux matières premières, aux ETF et même aux crypto-monnaies. Préparez-vous à élever votre trading grâce à des informations précises sur les tendances à court, moyen et long terme de tous vos actifs préférés. Pourquoi choisir IX Power ? Avec IX Power, votre timing de
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Supply Demand Ranger
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The indicator draws supply and demand zones. The zone timeframe can be set independently of the chart timeframe. For instance, it is possible to set M5 zones on an H4 chart. The importance of zones can be adjusted using the zone strength parameter. Demand zones are displayed if at least one candle in the range of the zone is entirely above the zone. Similarly, supply zones are displayed if at least one candle within the zone is entirely below the zone.
Supply Demand FVG Zones
Krzysztof Janusz Stankiewic
5 (1)
Supply or demand zones refer to price areas where a significant amount of supply or demand had previously entered the market, causing prices to either fall or rise. If the price returns to the demand or supply zone, it is likely to bounce off due to the large number of orders previously placed within the zone. These orders will be defended in these areas. The Fair Value Gap (FVG) is a concept used to identify imbalances in the equilibrium of buying and selling. Fair Value Gaps are formed in a
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Krzysztof Janusz Stankiewic
5 (1)
The indicator shows divergence between the slope of lines connecting price and MACD histogram peaks or troughs. A bullish divergence (actually a convergence) occurs when the lines connecting MACD troughs and the lines connecting the corresponding troughs on the price chart have opposite slopes and are converging. A bearish divergence occurs when the lines connecting MACD peaks and the lines connecting corresponding price peaks have opposite slopes and are diverging. In such a case, the indicato
The indicator shows divergence between the slope of lines connecting price and MACD histogram peaks or troughs. A bullish divergence (actually a convergence) occurs when the lines connecting MACD troughs and the lines connecting the corresponding troughs on the price chart have opposite slopes and are converging. A bearish divergence occurs when the lines connecting MACD peaks and the lines connecting corresponding price peaks have opposite slopes and are diverging. In such a case, the indicato
Symbol
Krzysztof Janusz Stankiewic
For those who monitor charts from afar, this utility is essential. It displays the chart symbol, time frame, and bid price as text. Users can adjust the text position, color, and font size. It’s also a useful tool for forex video publishers. There will be no more complaints about which symbol and time frame are displayed on the screen, even if the content is viewed on a phone. Symbol prefixes such as “_ecn” or “_stp” can be removed from the displayed symbol.
FREE
Supply Demand FVG
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3 (2)
The indicator displays the following elements: Supply Zones, Demand Zones, Fair Value Gaps and sends alerts when a supply or demand zone is reached. The zone timeframe is set independently of the chart timeframe. For example, it is possible to set M5 zones on an H4 chart. The importance of zones can be adjusted using the zone strength parameter. Demand zones are displayed if at least one candle in the range of the zone is entirely above the zone. Similarly, supply zones are displayed if at least
MT4 Macd Divergence Scanner
Krzysztof Janusz Stankiewic
This indicator helps you monitor multiple currency pairs and timeframes all at once. It displays the occurrence of divergences between price and the MACD indicator in a clear and easy-to-read table. Monitoring multiple timeframes and currency pairs in one place helps traders identify a divergence without needing to switch between charts. Divergences can be bullish or bearish. For example, if the price forms a higher high while the MACD forms a lower high, this indicates bearish divergence. On th
The First Red MT4
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MT5 Macd Divergence Scanner
Krzysztof Janusz Stankiewic
This indicator helps you monitor multiple currency pairs and timeframes all at once. It displays the occurrence of divergences between price and the MACD indicator in a clear and easy-to-read table. Monitoring multiple timeframes and currency pairs in one place helps traders identify a divergence without needing to switch between charts. Divergences can be bullish or bearish. For example, if the price forms a higher high while the MACD forms a lower high, this indicates bearish divergence. On th
The First Red MT5
Krzysztof Janusz Stankiewic
L'indicateur "The First Red", basé sur la stratégie créée par Dariusz Dargo, est conçu pour identifier et marquer les chandeliers sur le graphique qui répondent aux conditions de la stratégie "The First Red" et de ses extensions, telles que "Second Red", "First Green" et "Second Green". La stratégie se concentre sur l'analyse des extrêmes locaux et les signaux de l'oscillateur MACD. Premier chandelier rouge (First Red Candle):   Un chandelier est marqué comme "First Red" lorsqu'il établit un max
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