Divergence is an often discussed trading tool, but it is mostly misused or too difficult to apply along with other trading indicators. Most find that trying to time a trade entry using divergence to be too confusing and unclear on when divergence is actually occurring. Then, which way is the market going to go? Divergence can signal a reversal or pullback, but in which direction? There are many methods of calculating divergence, but 2 of the most common methods are from the RSI and MACD and show the best promise of a true divergence. Our Flash indicator solves the problem of RSI divergence plotting and our MacDiver allows you to trade off MACD divergence!
Add to any chart or time frame
Prints on the current bar in real time
DOES NOT repaint several bars after the fact
User select draw object, colors and sizes
Works great with the Flash Indicator for the ultimate divergence identifying setup