KT Stochastic Divergence Indicator
MT4 | MT5
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KT Stochastic Divergence indicator MT4/MT5 shows the regular and hidden divergences between the price and stochastic oscillator. Divergence is one of the vital signals depicting the market's upcoming price reversal.
Divergence can depict the upcoming price reversals, but manually spotting the divergence between the price and oscillator is not an easy task.
- Positive Divergence: The price makes the lower lows, but the Stochastic oscillator makes higher ones. The phenomenon is also known as bullish divergence.
- Negative Divergence: The price makes the higher high, but the Stochastic oscillator makes the lower high. The phenomenon is also known as bearish divergence.
Features
- Irregular divergences are discarded for better accuracy and lesser clutter.
- It can detect divergences, both regular and hidden.
- Support trading strategies for trend reversal and trend continuation.
- Fully compatible with embedding into Expert Advisors.
- You can use it for the entries as well as for exits.
- It works equally well in smaller time frames for short-term trading.
- All Metatrader alerts are available.
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Reviews
Phone notification can add currency symbol
Works well. Currently, notification just says “Hidden bullish divergence found” for example. Won’t know which forex pair it is referring to if multiple charts are running. Any possibility to add the currency symbol in the notification sent?
aaaaaaa
good
Best indicator
I’m really making money with this indicator thank you guys
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