Ultimate Divergence Scanner by ScorpionFX

Ultimate Divergence Scanner by ScorpionFX

21 February 2019, 10:41
ScorpionFX
2
462

DON'T WASTE YOUR TIME OR MONEY WITH AMATEURS. 

WE HAVE ALMOST 30 YEARS OF INSTITUTIONAL EXPERIENCE. 

AND WE HAVE THE PERFORMANCE RECORD TO BACK IT UP. 

      THIS IS A GENERAL OVERVIEW OF THE BENEFITS, FEATURES AND PARAMETERS OF THIS INDICATOR.    

  BUT PLEASE BE SURE TO CONTACT US AFTER YOUR PURCHASE. AND WE WOULD BE HAPPY 

TO SEND YOU MANY MORE DETAILS REGARDING THIS INDICATOR AND THE BEST

WAYS TO USE IT. INCLUDING ADVICE ON THE BEST PAIRS TO MONITOR,

BEST TIME FRAMES, BEST SETTINGS ETC.

 

AS WELL AS SOME CRITICALLY IMPORTANT TRADING INFORMATION,

FOR ACHIEVEING THE BEST RESULTS IN YOUR LONG TERM TRADING CAREER. 

INCLUDING STRATEGY SELECTION, POSITION SIZING AND LONG TERM TRADING DEVELOPMENT.  


                                                    ULTIMATE DIVERGENCE SCANNER: 


This indicator has been designed to automatically identify when a divergence occurs between price and an oscillator.
It can identify both bull and bear divergence and it is already loaded with four of the most popular oscillators.

You can choose from RSI, MACD, Stochastics and CCI.

                  

IMPORTANT FACTORS TO KEEP IN MIND:

When a divergence occurs, it means that price and momentum are not in agreement.
And divergence signals are widely used by institutional traders to identify potential reversals.

As it is a widely know market principle that momentum generally precedes price. 


Features:

  • This indicator can monitor all 28 pairs at the same time.
  • It can monitor every timeframe, from 1 Minute to Monthly. All at the same time. 
  • It will automatically trigger an alert whenever the appropriate pattern is identified.
  • It can monitor any symbol in your Metatrader platform. Including crypto, commodities, indices, equities, ETF's etc. 


- This indicator only needs to be placed on one chart and it will simultaneously monitor the entire market, all on one screen.

  This will save you an enormous amount of time and effort. As you won't have to flip through dozens of charts for analysis. 
  And this will allow you to focus on other aspects of your trading. Such as further technical or fundamental analysis.
  This will also give you more time to find other trading opportunities. 


Indicator Parameters:

  • Look For Bearish: True = Yes, False = No
  • Look For Bullish: True = Yes, False = No
  • Indicator: Select from RSI, MACD, Stochastics or CCI
  • RSI Period: Define this setting when using RSI
  • CCI Period: Define this setting when using CCI
  • Fast EMA: Define this setting when using MACD
  • Slow EMA: Define this setting when using MACD
  • Signal SMA: Define this setting when using MACD
  • K: Define this setting when using Stochastic
  • D: Define this setting when using Stochastic
  • Slowing: Define this setting when using Stochastic
  • Symbols: The indicator monitors the top 28 pairs by default, but you can select less pairs if you wish.
  • Use M1 TimeFrame: True = Yes, False = No
  • Use M5 TimeFrame: True = Yes, False = No
  • Use M15 TimeFrame: True = Yes, False = No
  • Use M30 TimeFrame: True = Yes, False = No
  • Use H1 TimeFrame: True = Yes, False = No
  • Use H4 TimeFrame: True = Yes, False = No
  • Use D1 TimeFrame: True = Yes, False = No
  • Use W1 TimeFrame: True = Yes, False = No
  • Use MN1 TimeFrame: True = Yes, False = No


See the images below for further details.
And contact us if you have any questions.

We reply to all questions within 24 hours. And depending on the total volume
of inquiries that we have, we can sometimes answer in less than 1 hour.

Even on weekends and holidays.   


We are always here to help.    =)


THANK YOU SCREEN

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                             GENERAL INTRODUCTION: 


  Thank you for taking the time to review our indicators. 

  Please note that we have almost 30 years of institutional experience 
  in the forex market. We work with clients from all over the world.
  And we are (by far) the largest, most experienced and most qualified

  company offering products on this platform.

  If you would like further details regarding our experience and background,
  please take a look at our profile. And you will get a better understanding 
  of our overall trading experience and our approach to the market.

   https://www.mql5.com/en/users/escobedofx21 


                         REGARDING OUR INDICATORS: 

  All of our indicators have been designed through the lens of various 
  institutional trading approaches. And our indicators are currently 
  being used by well over 50,000 retail traders globally.    

  We focus on clean and effective designs for our indicators.
  And our indicators will never clutter your screen with useless
  or unnecessary data or distractions. 

  Please take a look at all the information below and let us know 
  if you have any questions about anything. 

  We are always here to help. 


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DIVERGENCE 1

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                        GENERAL DESCRIPTION: 

  This indicator monitors all 28 pairs and all the time frames. 
  And it automatically identifies divergence patterns in the market. 
  

  When it finds one of these patterns, it will send you a real time alert. 


                                 VERY IMPORTANT
                                    PLEASE NOTE: 

In addition to forex pairs, this indicator can also monitor any other symbol
that is offered in your Metatrader platform. Including crypto, commodities,

indices, equities, ETF's etc. 

Best of all, this indicator only needs to be placed on one chart.
And it will simultaneously monitor the entire market, all on one screen.
Allowing you to easily find as many trading opportunities as possible. 

This will save you an enormous amount of time and effort. As you won't have to flip

through dozens of charts for analysis. And this will allow you to focus on other aspects

of your trading. Such as further technical or fundamental analysis.


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DIVERGENCE 2

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                                   ALERTS WITH FULL DETAILS: 

The alerts will provide you with all the details you need. 
Including the following:

- The currency pair where the pattern has been found. 
- The time frame where the pattern has been found.

- The market time of the alert. 


                            EXAMPLE OF BEARISH DIVERGENCE: 

A divergence signal occurs when price and momentum are not in agreement.
As you can see in this example, price is making a higher high, while momentum 
is making a lower low. 

Bullish divergence follows the same logic, but in the reverse direction.
When you have bullish divergence, price would be making a lower low. 

While momentum would be making a higher high.  


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DIVERGENCE 3

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                               INDICATOR PARAMETERS EXPLAINED:

DIVERGENCE TYPE: 

You can choose to look for bullish divergence or bearish divergence, or both. 


OSCILLATOR OPTIONS: 

For your oscillator, you can choose to use either RSI, CCI, MACD or Stochastics. 
These are some of the most commonly used oscillators used by institutional traders. 

And you have full control over the settings for each oscillator. 


PAIRS TO MONITOR: 

You have full control over which pairs you would like to monitor. 
The indicator monitors all 28 pairs by default. But you can choose 

to monitor fewer pairs if you wish. 


TIME FRAMES TO MONITOR: 

You also have full control over which time frames you wish to monitor. 
The indicator monitors all 9 time frames by default. But you can choose 

to monitor fewer time frames if you wish.                                   


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PLEASE LET US KNOW IF YOU HAVE ANY QUESTIONS ABOUT ANYTHING YOU SEE HERE. 
AND PLEASE BE SURE TO CONTACT US AFTER YOUR PURCHASE. AS WE WOULD BE HAPPY 

TO SEND YOU FULL DETAILS FOR THE BEST WAYS TO USE THIS POWERFUL INDICATOR.

INCLUDING SOME VALUABLE ADVICE ON THE BEST PAIRS TO MONITOR, BEST TIME FRAMES, 
BEST SETTINGS ETC. AS WELL AS SOME VERY, VERY IMPORTANT TRADING INFORMATION. 

FOR ACHIEVING THE BEST RESULTS IN YOUR LONG TERM TRADING CAREER. 

THANKS AGAIN FOR REVIEWING OUR INDICATORS.

AND WE LOOK FORWARD TO WORKING WITH YOU SOON. 


Best Regards, 

Support Team

ScorpionFX.com


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