Divergence Expert

Characteristic: Expert Indicator

FX-Strategy's Divergence Expert is an automated commentary indicator, designed to give traders an edge. Based on the FXS-Divergence indicator, this new tool provides commentary on any bar in any timeframe.

It is difficult enough to identify a divergence, let alone understand when it is valid or whether it is likely to become valid. The new Divergence Expert is designed to help traders evaluate the bars immediately following a divergence in order to determine when and how to use it in the trade decision process.

Commmentary is provided for eacch price bar along the dotted Divergence "breakline."

Here's how to use it:

1. Select "Divergence Expert" from the indicator window.
2. FXS-Divergence will appear on your chart.
3. Right click on any price bar along the dotted "breakline."
4. A Divergence Expert Comments window, like the one above, will appear.