Indicators: Divergence

Automated-Trading
158580
Automated-Trading  

Divergence:

The indicator displays the situation when the direction of price movement and technical indicators does not coincide

Fig.1 The Divergence indicator

Fig.1 The Divergence indicator

Author: Nikolay Kositsin

jqkdudu
4
jqkdudu  

It's a pretty cool indicator. Does it redraw ?

Thanks! 

Sergey Golubev
Moderator
119042
Sergey Golubev  
What are the meaning of those different colors? I counted 3 colors ...

timmytrade
21
timmytrade  
Absolutely pointless indicator! First of all it redraws, secondly indicator does not update itself, you don't see any candle color in real time.