Dema divergence points – is the manual trading system based on double exponental moving divergence. Histogram represents 4 colors : yellow – strong up trend, orange – up movement, blue – down movement and aqua – strong down trend.
Up arrow is poltted when dema crosses current price up – but phase is still strong down (aqua color), down arrow is poltted when dema crosses current price down – but phase is still strong up (yellow color).
Main inputs :
- mainPeriod – main dema calculation period;
- filterPeriod – period for “phase” definition;
- upPoint – filter point defines strong up trend starts;
- mediumPoint – filter point highlights up/down movement;
- dnPoint – filter point defines strong down trend starts;
Main indicator’s features:
- Signals are not repaint, late or disappear;
- Every signal comes at the open of new bar(system uses only confirmed signals);
- Indicator has Alerts, Mail and Push notifications(allow to trade out of PC, from smartphone/mobile app);
- Indicator has profit/loss targets;
Recommendations for trading
- EUR/USD, GBP/USD, AUD/USD,USD/CHF, USD/CAD;
- Best timeframes – from M5 range till H4;
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