• Overview
  • Reviews (3)
  • Comments (23)

Divergence Scanner For Multi Pair And MTF

This indicator has been created by a former hedge-fund employee and it automatically identifies when a divergence occurs between price and an oscillator. It can identify both bull and bear divergence and it is pre-loaded with four of the most popular oscillators. You can choose from RSI, MACD, Stochastics and CCI.

Remember: 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.


Features

  • Monitors all 28 pairs at the same time. Apply the indicator to just one chart and instantly monitor the entire market.
  • Monitors every timeframe, from M1 to MN, and sends you a real-time alert when a divergence is identified.


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 screenshots below for further details. Contact us if you have any questions.

Make sure to see our other indicators and watch our short videos. There is much more information (and our trading guidelines) on these videos.
amfels07
84
2017.01.09 21:17 
 

1st Class organization.........very helpful......fast response to my inquiries.......will definitely recommend without a doubt!! Thanks!!!

ras.ayoubi
45
2017.01.06 14:41 
 

This indicator is great as it saves so much time. No more going through chart after chart, on different time frames looking for divergence and potential trades. You get a notification then you know what chart to monitor for a high probability trade.

Also the staff are very friendly and helpful. I do highly recommend this indicator and I will be checking out their other indicators.

theseawall
75
2016.12.02 18:23 
 

Firstly, This indicator helps alot identifying Divergence, I dont have to check everypair everyday anymore.Also, Customer service was great, they took the patient to walk me thru every process when there's a problem. I'd recommend them to anyone.