The PTS MACD Divergence Box Indicator automatically scans and detects the divergences between the price and Moving Average Convergence Divergence. What distinguishes this forex divergence indicator from others is that it marks green and red boxes on the charts. Such a box defines an area of divergence occurrence.The trading rules that apply for the PTS MACD Divergence Box Indicator are very simple. There is a buying opportunity after the green bo...
The QQE Histogram is an MT4 momentum indicator developed to aid forex day traders with real-time overbought/oversold signals.This indicator also includes a 14-period RSI that offers a double confirmation about the possible price reversals.When both QQE and RSI show positive value, we consider the momentum is bullish. The indicator value moves above 10, and the bars turn red when the market turns overbought.Conversely, the QQE bars drop below the ...
The Jurik Smooth Histogram MTF Indicator is a simple forex trend oscillator that helps to understand the current market momentum and notifies you of possible changes in the market trends. It uses histogram bars to display its trade signals. The Jurik Smooth Histogram MTF Indicator displays green and red histogram bars. It’s a bit tricky because red histogram bars indicate bullish trend momentum, and conversely, green histogram bars indicat...