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Divergence

Divergence

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If the blue bar is directed upwards, the price will also go up. Downwards - likewise.

Dots indicate the identified peaks (fractals) of the specified indicator.

Red bars are the maximum peaks (weak signal that the price will "roll back" and slightly move against the trend)

i-Divergency.mq4 - divergence based on stochastic

i-DivMACD.mq4 - divergence based on MACD

If you want to analyze any other indicators - replace the line

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Salvador
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