Slide divergence arrow indicator
Slide divergence indicator - is a further modification of author's indicator $lide$The following is an article by a user of the forexsystemsru.com forum with the nickname Elvis Burunduk.
The original indicator gives three types of signals. The Slide divergence arrow indicator is focused on the use of one type - divergences.
Using the same formula as the original indicator, Slide divergence displays divergence colored lines, and marks the entry points with arrows.
Divergence is a very powerful tool for determining price reversals. Using the Slide divergence indicator solves the issue of their definition and visual demonstration, as well as points for opening trades.
We recommend using the trading signals of the Slide divergence arrow indicator only after confirmation by other indicators or figures of technical analysis.