Forex Divergence Indicators Generation III

Improved Algorithm to Calculate Forex Divergence

All generation III Forex  Divergence Indicators based on  complex mathematic algorithm (BJF Trading Group innovation).  Arrows painted above/below the open bar and not in the past. It is very important for manual and auto trading. You will be able to receive real results testing the forex divergence indicator or expert advisor based on forex divergence indicator on historical data.  You can see when actually you can trade. It is never to late! Signals based on closed bars so the arrows above/below open bar never disappear.

Enhanced view. You see the both chart and indicator

Forex divergence indicator show arrows on chart (buy/sell arrows) and divergence area on forex divergence   indicator (lower window).

A lot of different settings. You can include or exclude open bar from calculation.

extern int AccDigits = 0;

Set 4, 5 or 0
4: set 4 if your broker provides 4-digit quotes for EURUSD pair and 2-digit quotes for USDJPY pair
5: set 5 if your broker provides 5-digit quotes for EURUSD pair and 3-digit quotes for USDJPY pair
0: auto detect

So 0 is the best variation because the indicator will autodetect AccDigits value.
So for 5-digit accounts all pip values will be automatically multiplied by 10.

extern bool UseOpenBar = false;

Set true or false

true: include open bar to calculation.

Advantages: signal is quick and leading
Disadvantages: signal is not fixed till open bar closed and can disappear

false: calculate only by closed bars
Advantages: signal is fixed and not repaint
Disadvantages: signal is more slow compared to open bar

Learn more about Forex divergence Indicators settings

Forex Divergence Indicators (generation II) Demo version are  available

You can request demo via form on our website