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Stochastic Divergency Indicator

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SamuraiFx

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This is a Stochastic Divergency Indicator that allows when a standard indicator is attached to make a Divergency line.

Solid lines show classic divergences,
dashed lines display inverse divergences.

To better understand it is possible to change the color of the lines (ColorBull and ColorBear variables), and also set the output mode and language for messages when the divergence occurs.

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Linkback: https://www.forex.zone/indicator-modifications/16/stochastic-divergency-indicator/2857/
#1 - November 14, 2019, 06:14:09 PM
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« Last Edit: July 19, 2024, 08:59:02 PM by Admin »

Rudi Grid

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I have learned about this indicator some time ago and I often combine it with the moving average indicator 12
#2 - December 01, 2019, 04:19:11 AM

ageseko

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thank you for sharing the indicator and I think this indicator will really help traders
#3 - February 10, 2020, 12:52:52 PM

aizafx

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Basically stochastic used to analyze overbought and oversold area, but in advanced usage, this indicator also can be used to trading divergence, just look on slope indicator to the price pattern, if there are divergence, hence will get signal trading
#4 - February 13, 2020, 08:32:57 PM

Combro

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Quote from: SamuraiFx on November 14, 2019, 06:14:09 PM
This is a Stochastic Divergency Indicator that allows when a standard indicator is attached to make a Divergency line.

Oscilstor inficators ia very hard to understand and i always Miss using RSI and also stochastic
#5 - February 20, 2020, 09:26:34 AM
« Last Edit: February 21, 2020, 11:21:58 PM by Mikser »
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