Divergence Arrows
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Thread: Divergence Arrows

  1. #1
    Administrator funyoo's Avatar
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    Sep 2008

    Default Divergence Arrows

    A simple divergence indicator.

    You can see the divergence with another pair.

    If the last low of this second pair is lower than the previous low and it is not the case on the current pair, then an up arrow will appear.

    If the last high of this second pair is higher than the previous high and it is not the case on the current pair, then a down arrow will appear.
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  2. #2
    Junior Member dryclean's Avatar
    Join Date
    Nov 2008


    On a long, buy the pair that did not make the new low up arrow

    On the short, sell the pair that did not make the new high down arrow

    would this be the way to play this?

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divergence, high, indicator, low, simple

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Divergence Arrows