MACD Divergence Plus MT4

Advantages of MACD Divergence Plus for MT4

Effective Divergence Signal: MACD Divergence is a powerful strategy that utilizes the divergence of oscillators from the actual market trend, indicating potential trend reversals. This indicator is specifically designed to harness the effectiveness of MACD divergence as a discretionary trading signal tool.

High Frequency and Win Rate: The MACD Divergence Plus indicator generates high-frequency signals with a notable win rate. Coupled with various robust filters, it refines these signals to enhance their accuracy, reducing the likelihood of false positives.

Versatile Signal Generation: In addition to standard divergence signals, this tool can also identify reversal signals (hidden divergence), significantly broadening the trading opportunities.

Universal Compatibility: This indicator can be utilized across all currency pairs and time frames, providing traders with flexibility and adaptability in any market condition.

Win/Loss Judgement Feature: An advanced functionality allows traders to assess the indicator’s efficacy in the current market environment through win/loss evaluation, making it easier to adapt strategies in real-time.

Customizable Settings:

The MACD Divergence Plus indicator comes with a variety of customizable settings, including:

• Enable Divergence: Activate MACD divergence signal generation, with pink arrows indicating trades.
• Enable Reversal: Activate hidden divergence signals with blue arrows for additional trading insights.
• Trend Filters: Limit signals based on moving average trends, ensuring trades align with prevailing market direction.
• Volatility Filters: Configure signals based on volatility conditions to filter out unreliable trades.
• Bollinger Bands Zone Filter: Restrict buy/sell signals based on Bollinger Band levels to capitalize on market extremes.
• Alerts: Set sound, email, and push notifications to stay informed about potential trade opportunities.

Note: The win/loss judgment feature is primarily suited for binary options; however, it holds value in FX trading as well. Traders are advised to consider this functionality as a complementary tool, especially regarding settings for win/loss judgment timing.

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