MetaTrader Momentum-Divergence Indicator
MetaTrader Momentum-Divergence Indicator [Manual Forex Trading | Mechanical Forex trading strategies]

Momentum - Div Metatrader Indicator shows fractal divergence by Momentum indicator . When divergence arises between Momentum indicator and the price it signal forthcoming end of current trend. The signal to buy comes when new Low-fractal is below the previous one, and corresponding Momentum meaning is above the previous one The signal to sell comes when new Up-fractal is above the previous one and the corresponding Momentum meaning is below the previous one.


Metatrader indicator momentum divergence pic.1


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