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Thursday, September 13, 2012

RSI Divergence Indicator for Metatrader

After building the MACD Divergence Indicator and the Stochastics Divergence Indicator, the RSI indicator was next in the queue. I also wanted to keep the same flexibility letting the user customize everything and I wanted it to be able to send you emails with screen shots attached, and even notifications to your mobile device if you wanted.

The indicator is able to detect all four different types of divergences: Bullish Regular divergence, Bearish Regular divergence, Bullish Hidden divergence and Bearish Hidden divergence. Regular divergences are also known as "Classical". For a definition, read Classical Divergences and Hidden Divergences.

Here's the indicator displaying Regular/Classical RSI Divergences:
(Click on Image to enlarge)

And here it is displaying Hidden Divergences:
(Click on Image to enlarge)

Unique Features and Advantages:

1. Alerts the trader via pop up message, sound, email (with nice screenshot attached) and mobile notifications.
2. Can be interacted with from other Indicators or EAs (Expert Advisors)
3. RSI Customization: not only the Period but also the Price Mode upon which calculations are made
4. No licenses limitation BS. Use in as many accounts as you want. Yours forever.
5. Ultra Affordable

RSI Divergence Indicator $10

Buy Now

Pdf Guide included with Explanation of Parameters and Installation instructions

Why give it away for such a low price?
Trading is sufficiently hard as it is. Why make it harder by selling over-priced tools?
I built this indicator with the sincere aim to help as many people as possible. Charging $150 or $200 for an indicator, like most other sites do, just defeats this purpose. In addition, there's no holy grail in trading. So why make it ultra expensive?

If you are interested in more details about the indicator, like all possible parameters, what they mean and how it's all configured, feel free to download the Pdf Guide for free.

I hope this indicator becomes useful in your trading and that you can benefit from it.

RSI Divergence Indicator $10

Buy Now

Pdf Guide included with Explanation of Parameters and Installation instructions

Support questions at:

Related Articles:
MACD Divergence Indicator for Metatrader
Stochastics Divergence Indicator for Metatrader 
How to measure a system's edge
An expectancy analysis of Regular MACD Divergences for the EURUSD currency pair

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