Incredible MT4 Divergence
- Incredible MT4 Divergence is Designed to Analyze Currency Markets Divergence:
- Platform: Meta-Trader-4
- Supported pairs: All Currency paiys / Metals
- Trading Time: Any
- Time-Frame: 5 Minutes & Above
- Recommended Broker: Robo-Forex
- How To Apply on Markets? Divergence in forex is when the price of a currency pair moves in one direction and a technical indicator, usually an oscillator, moves in the opposite direction. Divergence can indicate that the market has lost momentum and a slow down or reversal is coming. The direction of the divergence usually indicates whether the price movement’s change in momentum will be bullish or bearish, although the price reversal may occur immediately after the divergence or lag for an extended amount of time.