Many traders use divergence as a way of recognising when the market is losing strength in a particular direction. When comparing the price action against other indicators, traders can recognise moments of divergence when for example price continues to rise while at the same time the strength or momentum of the move decreases.
Using the TDU Divergence Indicator you can automatically spot possible reversal zones. The indicator will draw lines when divergence occurs on both the chart and chosen indicator so you are always aware when divergence is occurring without needing to put in any extra work.
- Automatically draws divergence lines on both price chart and indicator chart in real time
- Choose between multiple indicators (RSI, MACD, OBV, Stochastics, Ravi ...)
- Works on any instrument
- Works on any timeframe
To use this indicator you must have a valid copy of NinjaTrader 8. License allows use of this indicator on a single trading computer validated using your machine ID.
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Licensing includes lifetime use of this indicator on a single trading computer. Lifetime support and updates are included and provided through the TradeDevils website. Download of your indicator and verification of your NinjaTrader 8 machine ID can be done through your personal TradeDevils account. If you change hardware, license can be moved to a different machine ID. If you have any questions about this indicator or others feel free to get in touch with us using the live chat or via our email address (email@example.com)