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Trading robot for divergences
Divergence is the most reliable trading signals in the financial market. It is used in your trade all traders in the Forex and commodity markets.
In addition, it with high accuracy can predict a reversal or a trend continuation, so it still very easy to identify on the display and the chart.
But let’s first understand, what is a divergence. Divergence is the divergence of the price chart of the underlying asset and indicator that a reversal or the trend continuation (depending on the type of divergence).
In other words, the divergence is when the price chart appear new extremes (highs or lows), and the oscillator line – no. Or Vice versa – the indicator appear new all-time highs, while the chart no.
The divergence has its own types and types.
There are two types of divergence – bullish and bearish. When bullish divergence you look at lows prices and trade when the bearish – on the highs of the price and the indicator.
Also there are two types of divergence – positive and negative. Video divergence indicates a reversal in the current trend graph. Reverse divergence on the continuation of the current trend on the chart.
The easiest way to identify divergence on the RSI. It is the most convenient and efficient oscillator for this case, so its popularity is not surprising.
Our new development is 2019, which has no analogues – Forex expert Advisor Diverger X. The essence of the work is as follows:
the Trading robot finds bullish or bearish divergence, the direct type and enters the market after their critical accumulation.
The basic principles of trade read more:
- The robot monitors the quotes and indicators pointing to divergence;
- For filter the divergence of price and RSI indicator robot code has some additional indicators (momentum, moving average, bollinger bands);
- Assesses the strength of price variances and indicators and open a trade in necessary amount;
- With increasing divergence the robot adds a small amount to the transaction;
- Exhibited optimized stop loss and take profit;
- If necessary, puts the break-even stop loss and then moves the trailing stop.
- It is possible to configure the degree of risk to enhance the open position.
Below in the screenshot clearly show the point of entry into the transaction, the profit is fixed using a floating stop or take profit or during the following transactions:
The main advantage of Forex Advisor Diverger X — simple installation and start-up, as all the parameters of the auxiliary indicators are already sewn into robot code and only need to choose the lot size and, if necessary, to adjust the parameters of the RSI indicator is necessary for the traded instrument.
– Optimized settings for popular currency pairs already in kit.
That allows you trading system Diverger X?
- You trade any tools from currency pairs, stocks and futures to commodities — wherever there is significant motion. On almost all time frames and markets.
- You earn during strong movements (volatility) in a peaceful trend, the robot waits for the accumulation of a sufficient number of divergences. This allows you to increase profitability and reduce drawdown.
- You are worried about the failures of the terminal, as the tracking of positions is conducted around the clock and if anything, it is always possible to recover.
- You are not worried about possible power outages or Internet connection, since the EA is running remotely on a dedicated server and is not tied specifically to your computer.
- You put the trade on a schedule if necessary, and don’t tie yourself to any time.
- You are confident in a stable EA for a long stretch, it runs for a given algorithm and does not deviate from it.
- Every time you get in any traffic at the best price, no one trader is not physically able to have time to enter manually so successful and to master the calculation necessary size of the lots.
- You own a unique instrument with a possible unlimited maximum profit.