Mql5官网 KT CCI Divergence MT4 外汇EA

KT CCI Divergence shows the regular and hidden divergence created between the price and CCI oscillator. Divergence is one of the
vital signals that depicts the upcoming price reversal in the market. Manually spotting the divergence between price and CCI can be a hectic
and ambiguous task.

Limitations of KT CCI Divergence  

Using the CCI divergence as a standalone entry signal can be risky. Every divergence can’t be interpreted as a strong reversal signal. For
better results, try to combine it with price action and trend direction.

Features

• Marks regular and hidden divergences between the price and CCI oscillator.
• Unsymmetrical divergences are discarded for better accuracy and lesser clutter.
• Support trading strategies for trend reversal and trend continuation.
• Fully compatible for embedding in Expert Advisors.
• Can be used for entries as well as for exits.
• All Metatrader alerts are available.

What is a Divergence exactly?

Generally speaking, if the price is making higher highs, then oscillator should also be making higher highs. If the price is making
lower lows, then oscillator should also be making lower lows. When this normal behavior is not followed, that means the price
and oscillator are diverging from each other. There are two types of divergence:

Regular Divergence

• Regular Bullish Divergence: When the price is making lower lows, but the oscillator is making higher lows.
• Regular Bearish Divergence: When the price is making higher highs, but the oscillator is making lower highs.

Hidden Divergence

• Hidden Bullish Divergence: If the price is making higher lows, but the oscillator is making lower lows. 
• Hidden Bearish Divergence: If the price is making the lower highs, but the oscillator is making higher highs.

“Regular divergence is used to identify the trend reversals, and hidden divergence is used to determine the trend continuation.”