Forex Advisor Diverger X
Advisor Forex Diverger the X is a trading robot that finds bullish or bearish divergences of a direct type and trades after their critical accumulation.
Divergence Trading Robot
Divergence is the most reliable trading signal in the financial market. All Forex and commodity market traders use it in their trading.
In addition to the fact that it can predict the trend reversal or continuation with high accuracy, it is still very easy to determine it on the indicator and chart.
But first, let’s figure out what divergence is. Divergence is the discrepancy between the price chart of the underlying asset and the indicator, indicating a trend reversal or continuation (depending on the type of divergence).
In other words, divergence is when new extrema appear on the price chart (highs or lows), but not on the oscillator line. Or vice versa – new extremes appear on the indicator, but not on the chart.
Divergence has its own types and types.
There are two types of divergence – bullish and bearish. In bullish divergence, they look at the lows of the price and indicator, while in bearish divergence, they look at the highs of the price and indicator.
There are also two types of divergence – direct and reverse. Direct divergence indicates a reversal of the current trend on the chart. Reverse divergence – to continue the current trend on the chart.
The easiest way to determine the divergence on the RSI indicator . He is the most convenient and effective oscillator for this business, so his popularity is not surprising.
Our new development in 2019, which has no analogues – Advisor Forex Diverger the X . The essence of the work is as follows:
A trading robot finds bullish or bearish divergences of a direct type and enters the transaction after their critical accumulation.
The basic principles of trade more:
- The robot monitors quotes and indicators indicating divergence;
- For the filter of the discrepancy between the price and the RSI indicator, additional indicators ( momentum , moving average , bollinger bands ) are built into the robot code ;
- Estimates the strength of the discrepancy between prices and indicators and opens a deal in the required amount;
- With increased divergence, the robot adds a small amount to the trade;
- Optimized stop loss and take profit are set;
- If necessary, sets a break-even stop loss, and then moves according to the rules of the trailing stop.
- It is possible to adjust the degree of risk to strengthen the open position.
The screenshot below clearly shows the entry points to the transaction; profit is fixed using a floating stop or take profit or during the next transaction:
The main advantage of the Diverger X forex advisor is its simple installation and launch , since all the parameters of the auxiliary indicators are already sewn into the robot code and you just need to select the lot size and, if necessary, adjust the RSI indicator parameters for the required traded instrument.
Ready-made optimized settings for popular currency pairs are already included.
What does the Diverger X trading system allow you ?
- You trade in any instrument from currency pairs, stocks and futures to commodities – wherever there is significant movement. Practically at any time intervals and markets.
- You earn during strong movements (volatility), in a calm trend, the robot expects the accumulation of a sufficient number of divergences. This allows you to increaseprofitability and reduce drawdown.
- You don’t worry about terminal failures, as position tracking is carried out around the clock and in which case, there is always the opportunity to recover.
- You are not worried about possible interruptions in electricity or Internet connection, as the adviser works remotely on a dedicated server and is not specifically tied to your computer.
- You set up trading on a schedule, if necessary, and do not bind yourself to any time.
- You are confident in the stable operation of the adviser over a long period, it works according to the given algorithm and does not deviate from it.
- Every time you enter any movements at the best price, not a single trader can physically manage to enter manually so successfully and master the calculation of the required lot size.
- You own a unique tool with a possible unlimited maximum profit.
Several different settings were tested on the story that is….The robot has explicit control over the opening of bars :
Monitoring our client from a real account: