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22.07.2008

MetaTrader Momentum-Divergence Indicator shows fractal divergence by Momentum indicator . When divergence arises between Momentum indicator and the price it signal forthcoming end of current trend. The signal to buy comes when new Low-fractal is below the previous one, and corresponding Momentum meaning is above the previous one The signal to sell comes when new Up-fractal is above the previous one and the corresponding Momentum meaning is below the previous one.

metatrader indicator momentum divergence pic.1
Metatrader indicator momentum divergence pic.1
 
metatrader indicator momentum divergence pic.2
Metatrader indicator momentum divergence pic.2
 


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