FX_MACD — I got this indicator from MQL4.com, it tells you with an alarm when a divergance occurs (either type). website: url The one i uploaded is modified with my settings, so you might want to get the one from the website. I use 21,55,8

Divergence Trading

Indicator? — Hey I am using divergence with MACD, do you have an indicator for MT4 that points it out automatically? I downloaded this weekend the FX_MACD_Divergence, and i am playing with it

Divergence Trading

Also to consider is that the last down move was the first lower low of the weekly upmove. It doesn't mean as much if there was a lower high and then a lower low, but it should be considered.

EURUSD

daily retracement — If we are to do a daily retracement, and the fourth wave of five that some people are talking about, this could happened. Also it is similar to the retracement on wave two. According to this a sell in the 1.4050 area which ...

EURUSD

Retest 1.3740? — This how I see it, I we can close below 15 min uptrend line, we have a chance to retest the 1.3740 area and a break of this level could trigger the so called H&S on 4 Daily chart. I welcome any comments.

EURUSD