KT CCI Divergence
Keenbase Trading » Products » Metatrader Indicators » KT CCI Divergence Indicator

CCI Divergence Indicator Free Download
MT4 | MT5

cci divergence indicator logo
Free Download

has been added to your cart!

have been added to your cart!

Specs
Release date:September 24, 2019
Last updated:September 24, 2019
Current version:1.0
Product type:Indicator
Requirements:MT4 | MT5
  • Description
  • Comments

Divergence is one of the vital signals that depicts the upcoming price reversal in the market. Manually spotting the divergence between price and CCI can be a hectic and ambiguous task that's why we created the KT CCI Divergence indicator that shows the regular and hidden divergence created between the price and CCI oscillator.

Limitations of CCI Divergence indicator

Using the CCI divergence as a standalone entry signal can be risky. Every divergence can't be interpreted as a strong reversal signal. For better results, try to combine it with price action and trend direction.

Features

  • Marks regular and hidden divergences between the price and CCI oscillator.
  • Unsymmetrical divergences are discarded for better accuracy and lesser clutter.
  • Support trading strategies for trend reversal and trend continuation.
  • Fully compatible for embedding in Expert Advisors.
  • Can be used for entries as well as for exits.
  • All Metatrader alerts are available.


What is a Divergence exactly?

Generally speaking, if the price is making higher highs, then oscillator should also be making higher highs. If the price is making lower lows, then oscillator should also be making lower lows.

When this normal behavior is not followed, that means the price and oscillator are diverging from each other. There are two types of divergence:

Regular Divergence

  • Regular Bullish Divergence: When the price is making lower lows, but the oscillator is making higher lows.
  • Regular Bearish Divergence: When the price is making higher highs, but the oscillator is making lower highs.

Hidden Divergence

  • Hidden Bullish Divergence: If the price is making higher lows, but the oscillator is making lower lows. 
  • Hidden Bearish Divergence: If the price is making the lower highs, but the oscillator is making higher highs.
"Regular divergence is used to identify the trend reversals, and hidden divergence is used to determine the trend continuation."

Screenshots

{"autoplay":"false","autoplay_speed":"1000","speed":300,"arrows":"true","dots":"true"}

Help others make better choices. Please review your recent purchase.

By sharing your review, you will help others to make advised decision about what they buy from us. Thanks for contributing.

You must log in and be a buyer of this download to submit a review.