Disparity Indicator from the Ultimate Masterpiece Moving Average. Enter when the deviation from the moving average is high! Display the deviation rate in a list. Supports all timeframes.
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https://www.gogojungle.co.jp/tools/indicators/31778
An ultra-masterpiece divergence rate detector indicator! It is an indicator that shows the divergence from the moving average. Recommended for those aiming to become full-time traders. The divergence rate from the moving averages for each timeframe is clear at a glance, and there are big earning opportunities with entries from the highly divergent signals on the 4-hour chart!
■ Example of trading
■ How to use the indicator
What is the “Moving Average Divergence Rate”?
The moving average divergence rate expresses how far the current price deviates from the moving average in percentage (%). The moving average embodies the inertia of price movement, and when the divergence from the moving average widens too much, it indicates that price has swung too far up and down. Prices are pulled back by the inertia of the moving average, and this corrective behavior is the basis for the moving average divergence rate. Therefore, it is used primarily for contrarian investing with the expectation that the market will soon reverse.■ Features of the indicator
1. Supports 28 currencies in total.2. Displays the current moving average divergence values from 1-minute to monthly charts. If the divergence on H4 is high, there is a high likelihood of a strong rise (fall) ahead.
3. The period of the moving average divergence can be changed from the default of 75. Chart and text sizes can also be adjusted.
4. Can be installed in MT4.
5. Please install the indicator under “MQL4,” “Indicators.” After installing the two indicators in the product, kairi.exe and kairi_dashboard.exe, you may use it.
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